We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · OL13 9JA
Listing removedListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TWO BEDROOM MID TERRACE PROPERTY BURSTING WITH POTENTIAL - SOLD WITH TENANT IN SITU Located in the heart of Bacup on Alma Street, this charming back to back house presents a perfect opportunity for seasoned investors alike.
Boasting two spacious bedrooms, the property offers ample room for comfortable living.
The open plan living area downstairs creates a welcoming atmosphere, perfect for entertaining guests or enjoying quiet evenings at home.
Situated in a prime town centre location, residents will benefit from easy access to a variety of local amenities, including shops, cafes, and parks, all just a short stroll away.
This convenience enhances the appeal of the property, making it an ideal choice for those who appreciate the vibrancy of town life.
Moreover, the house holds significant potential for further development or personalisation, allowing new owners to truly make it their own.
Whether you are looking to invest in a property with promising returns or seeking a delightful home in a lively community, this residence on Alma Street is a remarkable find.
Don’t miss the chance to explore the possibilities that await in this lovely home.
Ground Floor - Vestibule - 1.14m x 0.94m (3'9 x 3'1) - UPVC entrance door, tiled floor, part tiled elevation and door to reception room.
Reception Room - 4.45m x 4.04m (14'7 x 13'3) - UPVC double glazed window, central heating radiator, smoke alarm, gas fire, marble effect hearth and surround, wood effect laminate flooring, stairs to first floor and open access to kitchen.
Kitchen - 2.92m x 1.47m (9'7 x 4'10) - UPVC double glazed window, wall and base units, laminate worktops, stainless steel sink with draining board and mixer tap, integrated oven, four ring electric hob, extractor hood, plumbing for washing machine, space for fridge freezer and tiled floor.
First Floor - Landing - 2.01m x 1.30m (6'7 x 4'3) - Central heating radiator, smoke alarm, stairs to second floor and doors to bedroom and bathroom.
Bedroom One - 4.45m x 3.48m (14'7 x 11'5) - UPVC double glazed window and central heating radiator.
Bathroom - 2.44m x 2.08m (8' x 6'10) - UPVC double glazed frosted window, central heating radiator, low flush WC, pedestal wash basin with traditional taps, panel bath with traditional taps and part tiled elevation.
Second Floor - Bedroom Two - 5.16m x 3.12m (16'11 x 10'3) - Velux window and central heating radiator.
Value & comps
No previous sales on record.
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 asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
Agent & docs
FAQ
About Alma Street, Bacup
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