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 house · OL13 9RQ
Listing removedListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. *** A two-bedroom terraced home offering excellent potential for improvement, ideal for buyers looking to add value.
Requiring full refurbishment throughout, the property is offered for sale via auction and presents a great opportunity for investors or first-time buyers seeking a project.
Lounge - A well-proportioned reception room offering excellent potential to create a comfortable and inviting living space, with a window providing natural light.
Kitchen - Fitted with a range of wall and base units with work surfaces over, offering scope for modernisation and improvement, with access to the rear.
First floor master bedroom - A good-sized double bedroom with plenty of space for freestanding furniture, offering strong potential to enhance and personalise.
Bedroom 2 - A versatile second bedroom, ideal as a guest room, child's room or home office, with further scope for improvement.
Family bathroom - Comprising a three-piece suite including bath with shower over, wash hand basin and WC, offering potential for updating to suit individual tastes.
Externally Rear Yard - An enclosed rear yard providing a low-maintenance outdoor space with potential to create a pleasant seating area.
Tenure Leasehold Council tax Council Tax Band A, Rossendale (2025/26) EPC EPC: No exact certificate match for this address Broadband Broadband: Gigabit ~0% · Ultrafast ~0% · Superfast ~100% Typical floor area 662 square feet The area Bacup is a historic town nestled in the Rossendale Valley within Lancashire, England.
Known for its rich industrial heritage, Bacup was a key player in the cotton and wool industries during the 19th century, and many of its Victorian stone buildings still reflect that era of prosperity.
The town is surrounded by rolling hills and moorlands, offering picturesque views and access to outdoor activities like hiking and cycling.
Its charming town center features traditional markets, independent shops, and a close-knit community atmosphere that continues to preserve its cultural identity.
In recent years, Bacup has seen various regeneration efforts aimed at revitalizing the area while retaining its historical character.
The town is recognized for its strong sense of local pride, evident in community-led initiatives and events such as the annual Bacup and Stacksteads Carnival.
It's also known for the Britannia Coconut Dancers, a traditional folk dance troupe with a history dating back over a century.
Bacup's blend of industrial history, natural beauty, and community spirit makes it a unique and enduring part of Lancashire's cultural landscape.
Please note Coppenwall Estate Agents aims to ensure property details are accurate and clear, in line with the Consumer Protection from Unfair Trading Regulations 2008, The Property Ombudsman Code of Practice, and Propertymark standards.
All descriptions, photos, floor plans and measurements are for guidance only and do not form part of a contract.
Services, fixtures and fittings are provided by the seller/landlord and have not been tested.
Prospective buyers and tenants should verify any important details (including measurements, condition, utilities, tenure, planning and boundaries) through their own checks, inspections, and legal advice before making any commitment.
Coppenwall Estate Agents is a member of The Property Ombudsman and Propertymark, and is covered by Client Money Protection.
In line with hmrc Anti-Money Laundering Regulations, all successful buyers are required to complete identity and proof-of-funds checks before a sale can proceed.
These checks are conducted by our compliance partner on Coppenwall's behalf. A non-refundable fee of £30 (inc. VAT) is payable directly to per offer submitted.
This covers the cost of data verification, any necessary manual reviews, and ongoing compliance monitoring. The checks must be fully completed and verified before a Memorandum of Sale can be issued.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
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.
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FAQ
About 21, Mersey St, Bacup
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