4-bedroom house · BB4 7RL
Listing removedReduced £20k (−11.1%) on 9 JulListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TAUK Online Auction Date - To be confirmed. Presenting this substantial four-bedroom end-terrace cottage-style home, offering a fantastic investment opportunity for cash buyers and developers alike.
Requiring renovation and improvement throughout, the property provides exceptional scope to add value and transform it into an impressive family home or investment property.
Situated in the heart of Rawtenstall, this substantial cottage-style end-terrace property presents a rare opportunity for investors and cash buyers alike.
Originally two houses, the property has been converted into one large dwelling, creating accommodation that is likely amongst the largest on the street.
The property comprises four bedrooms, three reception rooms, a kitchen, bathroom and rear yard, offering an abundance of living space and excellent potential for renovation and modernisation.
Ample on-street parking available. Requiring improvement throughout, this is an ideal project for those looking to add value and create a truly impressive family home or investment property.
Conveniently located within walking distance of Rawtenstall Town Centre, local shops, bus routes and the main bus station, the property also benefits from excellent access to the M66 and motorway network beyond.
Well-regarded schools including St Paul's Primary School, St Mary's Primary School, Alder Grange School and Alder Grange Sixth Form are all nearby, whilst local leisure facilities are just a short drive away.
Further benefits include Freehold tenure, gas central heating and double glazing. Viewing is highly recommended to fully appreciate the exceptional size, potential and opportunity on offer.
****This Property is Being sold by TAUK Modern Method Auction.**** Modern Method Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale.
A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed.
Please contact TAUK to view these documents.
When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £8,435 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed.
If you require a copy of these documents, or for further information, please contact the TAUK Team
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 2-4, South Street, Rossendale
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