2-bedroom terraced house · BL6 7AF
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom extended stone cottage in centre of horwich Good Condition Throughout with Scope to Modernise – Open Plan Lounge/Diner – Extended Kitchen – Modern Bathroom – Popular Lee Lane Location – Ideal ftb or btl Investor – South Facing Rear Garden An excellent opportunity to purchase this charming two bedroom mid stone cottage, situated on the ever-popular Lee Lane in the heart of Horwich.
The property is presented in good condition throughout, having been well maintained over the years, although some areas are slightly more traditional in style.
Offering spacious accommodation and an extended kitchen, the home is ideal for first-time buyers, downsizers or investors looking for a property they can move straight into whilst having the opportunity to put their own stamp on it over time.
The property is ideally positioned within easy reach of Horwich town centre and its excellent range of shops, cafés and amenities.
Blackrod railway station, Middlebrook Retail Park and the M61 motorway are all just a short drive away, whilst the beautiful Rivington countryside is also nearby, offering fantastic walking and cycling routes.
The home comprises an entrance leading into a spacious open plan lounge/dining room with feature fireplace and ample space for both living and dining furniture.
To the rear is an extended kitchen with a range of wall and base units, providing excellent additional space and access towards the rear garden.
To the first floor are two well-sized double bedrooms, including a spacious master bedroom to the front with views towards Rivington.
The bedrooms are complemented by a modern three-piece bathroom suite. Externally, the property benefits from a good-sized south facing rear garden with patio, ideal for relaxing and entertaining.
Offering plenty of character, generous living accommodation and scope for further improvement, this is a fantastic opportunity to purchase a traditional stone cottage in a sought-after Horwich location.
Early viewing is highly recommended.
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.
Area
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FAQ
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