2-bedroom terraced house · BB9 9RH
Sold STCListed 63 daysAuction 28 Sep · ended
Opportunity summary
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About
For sale by Auction on 28 September 2026. Offered in partnership with The Borough Council of Pendle A two-bedroom end-terrace dwelling, offered for sale with vacant possession.
The property has suffered significant fire damage and requires a comprehensive programme of renovation, presenting an opportunity for investors, developers and cash buyers.
The accommodation is arranged over two storeys, with a small yard to the front and an enclosed yard to the rear. On-street parking is available nearby.
The property is situated on Larch Street, within an established residential area approximately half a mile from Nelson town centre.
A range of shops, schools and local amenities is available nearby, together with Nelson railway and bus stations.
The area benefits from convenient road access to surrounding East Lancashire towns via the M65 motorway.
Leasehold Information: The property is sold leasehold for a term of 999 years from the 1st May 1889.
Enforcement Notice: The property is subject to an enforcement notice requiring the eventual purchase to make the property habitable within 12 months.
Further detail Pre-authorisation: The pre-authorisation for the bidding deposit will be £5,000. Council Tax: The property is listed with a Council Tax assessment in Band A.
Note: Please be advised that the auctioneers have not personally inspected the property and access is not permitted. The property is sold as seen.
Tenure: See Legal Pack EPC Rating: TBC Terms: Auction Details The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms.
Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 1.8% inc.
VAT of the purchase price (subject to a minimum of £2,400 inc. VAT) There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack.
You must read the Legal Pack carefully before bidding. Additional Information For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price.
The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 43 Larch Street, Nelson, Lancashire BB9 9RH
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