2 Bed Terraced House, Single Let, Bacup, OL13 0TX, £95,000

28, Branch Street, Bacup, OL13 0TX - 1 views - a year ago

Sold STC
Leasehold
BTL
ROI: 7%
~134 m²
+6 photos

ValuationUndervalued

Sold Prices£60K - £188K
Sold Prices/m²£684/m² - £4.3K/m²

 

 

Square Metres

~134.30 m²
Price/m²£707/m²

Value Estimate

£114,950
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,050

Total Cash In

£27,800

 

 

Cash Out

 

Rent Range

£495 - £1,000

Rent Estimate

£599

Running Costs/mo

£437

Cashflow/mo

£162

Cashflow/yr

£1,948

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £188K, average is £92.2K. £684/m² to £4.3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£105K02/230.01 mi27, Herbert Street, Stacksteads, Bacup, Lancashire OL13 0TY2
£112K07/230.01 mi21, Herbert Street, Stacksteads, Bacup, Lancashire OL13 0TY2
£67K08/210.04 mi15, David Street, Stacksteads, Bacup, Lancashire OL13 0TT2
£85K02/230.04 mi30, David Street, Stacksteads, Bacup, Lancashire OL13 0TT2
£95K06/230.04 mi3, David Street, Stacksteads, Bacup, Lancashire OL13 0TT2
£154.9K12/230.05 mi199, Newchurch Road, Bacup, Lancashire OL13 0UE2
£88K02/230.05 mi207, Newchurch Road, Bacup, Lancashire OL13 0UE2
£122K07/210.07 mi12, Miles Avenue, Bacup, Lancashire OL13 0UB2
£82.5K04/210.09 mi14, Brearley Street, Bacup, Lancashire OL13 8LJ2
£60K11/200.1 mi1, Commercial Street, Stacksteads, Bacup, Lancashire OL13 0UA2
£85K11/210.1 mi5, Brearley Street, Stacksteads, Bacup, Lancashire OL13 8LJ2
£108K12/200.1 mi10, Greenbank, Stacksteads, Bacup, Lancashire OL13 8LQ2
£100K02/210.11 mi4, Brunswick Terrace, Bacup, Lancashire OL13 0HD2
£90K04/210.11 mi18, Brunswick Terrace, Bacup, Lancashire OL13 0HD2
£120K08/230.13 mi8, Hardman Terrace, Bacup, Lancashire OL13 0HL2
£83K03/210.14 mi31, Bankfield Street, Bacup, Lancashire OL13 8LW2
£82.5K09/230.14 mi3, Old Kiln, Stacksteads, Bacup, Lancashire OL13 0EW2
£90K10/220.18 mi180, Newchurch Road, Bacup, Lancashire OL13 0EE2
£132K02/210.2 mi11, Springhill Avenue, Bacup, Lancashire OL13 0HQ2
£158.5K09/230.2 mi11, Springhill Avenue, Stacksteads, Bacup, Lancashire OL13 0HQ2
£95K09/230.2 mi3, Dale Street, Stacksteads, Bacup, Lancashire OL13 0QZ2
£75K10/210.21 mi168, Newchurch Road, Bacup, Lancashire OL13 0EE2
£126.5K06/220.21 mi77, Cutler Lane, Stacksteads, Bacup, Lancashire OL13 0HW2
£82.5K11/200.22 mi29, Plantation Street, Bacup, Lancashire OL13 0QX2
£98K10/230.23 mi1, Clegg Street, Stacksteads, Bacup, Lancashire OL13 0RB2
£67.5K03/240.24 mi6, South Villas, Bacup, Lancashire OL13 0RJ2
£84K04/210.25 mi43, Unsworth Street, Stacksteads, Bacup, Lancashire OL13 0JH2
£95K10/200.25 mi29, Blackwood Court, Stacksteads, Bacup, Lancashire OL13 0BD2
£110K04/210.25 mi25, Blackwood Court, Stacksteads, Bacup, Lancashire OL13 0BD2
£110K08/230.26 mi1, George Street, Stacksteads, Bacup, Lancashire OL13 0RF2
£65K02/210.27 mi16, Church Street, Bacup, Lancashire OL13 0RW2
£70K02/210.27 mi18, Church Street, Bacup, Lancashire OL13 0RW2
£75K02/230.28 mi62, Cutler Lane, Stacksteads, Bacup, Lancashire OL13 0HW2
£110K01/230.28 mi1, Stansfield Street, Stacksteads, Bacup, Lancashire OL13 0RT2
£78K10/210.28 mi29, Primrose Street, Bacup, Lancashire OL13 0RR2
£80K09/210.28 mi13, Primrose Street, Bacup, Lancashire OL13 0RR2
£94.5K09/230.28 mi15, Primrose Street, Stacksteads, Bacup, Lancashire OL13 0RR2
£77.5K10/200.28 mi1, Stansfield Street, Bacup, Lancashire OL13 0RT2
£85K06/230.3 mi18, Tunstead Road, Stacksteads, Bacup, Lancashire OL13 0RU2
£70K07/230.31 mi17, Primrose Bank, Stacksteads, Bacup, Lancashire OL13 0RX2
£119.5K03/210.31 mi11, Tunstead Road, Stacksteads, Bacup, Lancashire OL13 0RU2
£137.5K05/220.34 mi8, Lee Road, Stacksteads, Bacup, Lancashire OL13 0EA2
£96K01/240.35 mi22, Lord Avenue, Stacksteads, Bacup, Lancashire OL13 0RY2
£121K04/210.35 mi4, Prospect Terrace, Bacup, Lancashire OL13 0JA2
£81K05/210.35 mi31, Lee Road, Bacup, Lancashire OL13 0EA2
£81K09/230.35 mi39, Lee Road, Stacksteads, Bacup, Lancashire OL13 0EA2
£147.5K11/220.35 mi37, Lee Road, Stacksteads, Bacup, Lancashire OL13 0EA2
£73K04/210.44 mi6, Atherton Street, Bacup, Lancashire OL13 0LJ2
£180K06/230.45 mi16, Western Court, Stacksteads, Bacup, Lancashire OL13 0SU2
£188K07/230.45 mi28, Western Court, Stacksteads, Bacup, Lancashire OL13 0SU2

Local Rents

26 rents from £495/mo to £1K/mo, average is £663/mo.

RentDateDistanceAddressBeds 
£69503/250.02 mi-2
£65002/240.03 mi-2
£69508/240.03 mi-2
£65012/230.03 mi-2
£67503/250.05 mi-2
£65006/240.06 miNewchurch Road, Stacksteads, Bacup2
£75009/240.07 mi-2
£59512/240.07 mi-2
£59506/240.08 mi-2
£69511/240.09 mi-2
£65007/240.12 miHuttock End Lane, Bacup2
£65009/240.18 mi-2
£65011/240.18 mi-2
£65006/240.2 mi-2
£75006/240.23 mi-2
£69503/250.23 mi-2
£1,00001/250.23 mi-2
£69503/250.23 mi-2
£67501/240.24 mi-2
£85003/250.25 mi-2
£62502/240.27 mi-2
£65001/250.27 mi-2
£60007/240.27 miPrimrose Street, Bacup, Lancashire, OL132
£49508/240.28 mi-2
£75004/240.29 mi-2
£69502/250.36 mi-2

Local Area Statistics

Population in OL13

15,293

Town centre distance

1.66 miles away

Nearest school

0.20 miles away

Nearest train station

4.67 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £95,000

September 25, 2024

Listed for £100,000

November 24, 2023

Floor Plans

Description

  • 28 Branch Street, Stacksteads +
  • 2 Bedrooms Plus Attic +
  • Stone Built, Mid Terraced House +
  • Outdoor Patio Area Great for BBQs / Entertaining +
  • Well Located for Local Amenities & Commuting +
  • Good Room Sizes +
  • Attractively Priced +
  • NO CHAIN DELAY +

Investor or First Time Buyer Alert! This 2 Bed + Attic home is a must see on your viewing list. Good size rooms plus a patio to rear - * NO CHAIN DELAY *

Branch Street, Stacksteads is a 2 bedroom plus attic studio room, stone-built, mid-terraced home. Offering good room sizes throughout, a tidy breakfast kitchen, lounge with feature fireplace, nice outdoor entertaining space perfect for BBQs, gas central heating and a good standard of finish being well maintained throughout.

The property comprises: Entrance Vestibule, Lounge, Breakfast Kitchen, First floor landing with access to Bedroom 1 & 2 and Family Bathroom, stairs up to 2nd Floor Landing and Attic Studio room.

Priced attractively and with excellent access to local amenities and through-valley commuter routes, this property is sure to go quickly, so if youre interested then get in touch today!

Vestibule - 1.00m x 1.13m (3'3" x 3'8") -

Lounge - 4.64m x 4.48m (15'3" x 14'8") -

Kitchen/Breakfast Room - 2.59m x 4.48m (8'6" x 14'8") -

Landing - 3.60m x 1.53m (11'10" x 5'0") -

Bedroom 1 - 4.65m x 2.83m (15'3" x 9'3") -

Bedroom 2 - 2.64m x 2.85m (8'8" x 9'4") -

Bathroom - 3.74m x 1.52m (12'3" x 5'0") -

2nd Landing -

Attic Studio - 3.30m x 4.44m (10'10" x 14'7") -

Rear Patio -

Agents Notes - Council Tax: Band 'A'
Tenure: Leasehold - 999 years from 10/8/1894 less 10 days. Ground Rent - £1.60pa
Stamp Duty: 0% up to £250,000, 5% of the amount between £250,001 & £925,000, 10% of the amount between £925,001 & £1,500,000, 12% of the remaining amount above £1,500,000. For some purchases, an additional 3% surcharge may be payable on properties with a sale price of £40,000 and over. Please call us for any clarification on the new Stamp Duty system or to find out what this means for your purchase.

Disclaimer - Unless stated otherwise, these details may be in a draft format subject to approval by the property's vendors. Your attention is drawn to the fact that we have been unable to confirm whether certain items included with this property are in full working order. Any prospective purchaser must satisfy themselves as to the condition of any particular item and no employee of Farrow & Farrow has the authority to make any guarantees in any regard. The dimensions stated have been measured electronically and as such may have a margin of error, nor should they be relied upon for the purchase or placement of furnishings, floor coverings etc. Details provided within these property particulars are subject to potential errors, but have been approved by the vendor(s) and in any event, errors and omissions are excepted. These property details do not in any way, constitute any part of an offer or contract, nor should they be relied upon solely or as a statement of fact. In the event of any structural changes or developments to the property, any prospective purchaser should satisfy themselves that all appropriate approvals from Planning, Building Control etc, have been obtained and complied with.

Agent Details

Farrow & Farrow, Rawtenstall

01706 335874

Next Steps?

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