2-bedroom house · OL13 0LF
Sold STCReduced £10.1k (−10.1%) on 10 SepListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming riverside cottage with huge potential!
Offered with no chain, this spacious two-bedroom end terrace enjoys a peaceful riverside setting, modern kitchen and bathroom, plus a substantial cellar offering exciting conversion potential.
Ideal for first-time buyers, investors or anyone looking to add their own personal touch.
EPC: D Occupying a charming riverside position adjacent to the River Irwell, this attractive two-bedroom end-terrace cottage offers deceptively spacious accommodation arranged over three floors and presents an excellent opportunity for first-time buyers, buy-to-let investors or those seeking a characterful home with scope to add their own style.
Offered to the market with no onward chain, the property combines modern essentials with exciting future potential.
Tucked away just off Newchurch Road, the property enjoys a peaceful setting whilst remaining conveniently positioned for local amenities.
The accommodation is warmed by gas central heating and benefits from double glazing throughout.
The entrance opens into a bright and welcoming living room, flooded with natural light from windows to both the front and side elevations.
A staircase rises to the first floor with useful storage beneath, creating a practical yet comfortable living space ideal for relaxing or entertaining.
To the rear, the contemporary fitted kitchen is well-appointed with a stylish range of grey wall and base units, complemented by integrated oven and hob, together with space and plumbing for a washing machine.
The kitchen offers an attractive and functional space ready for everyday living. The first floor provides two generous double bedrooms.
The principal bedroom overlooks the front of the property, whilst the second bedroom enjoys delightful views towards the River Irwell, adding to the cottage's appealing setting.
Completing the accommodation is a modern three-piece bathroom featuring a panelled bath with shower over, pedestal wash hand basin and low-level WC.
Externally, the property benefits from a pleasant patio seating area to the front, providing a lovely spot to enjoy the surroundings or sit out during warmer months.
One of the property's most exciting features is the substantial cellar, accessed externally from the front walkway.
Offering exceptional storage at present, its impressive size presents excellent potential for conversion into additional accommodation, a home office, workshop or hobby space, subject to the necessary permissions and building regulations.
Whilst perfectly habitable, the property would benefit from a degree of cosmetic updating and personalisation, making it an ideal purchase for buyers looking to create a home tailored to their own tastes whilst adding value over time.
Location Holts Buildings enjoys a tucked-away position in the popular village of Stacksteads, alongside the River Irwell and within easy reach of a range of everyday amenities including shops, schools and supermarkets.
Excellent transport links provide convenient access to Rawtenstall, Bacup and Burnley, with the A56/M66 motorway network offering straightforward commuting towards Manchester.
Surrounded by the stunning Rossendale countryside, the area also provides numerous scenic walks, cycling routes and outdoor leisure opportunities, making it an excellent location for those seeking a balance between convenience and rural living.
Buyers Note: As part of making an offer, we’re required by law to complete Anti-Money Laundering (aml) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £60 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
Anti-Money Laundering (aml) Checks - As part of making an offer, we’re required by law to complete Anti-Money Laundering (aml) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £60 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About 6, Holts Buildings, Rossendale
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