3 Bed Semi-Detached House, Single Let, Bacup, OL13 0UA, £165,000

Commercial Street, Bacup, Rossendale, OL13 0UA - 2 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~93 m²
+25 photos

ValuationOvervalued

Sold Prices£75K - £275K
Sold Prices/m²£743/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£135,923

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,450

Total Cash In

£47,700

 

 

Cash Out

 

Rent Range

£650 - £995

Rent Estimate

£753

Running Costs/mo

£686

Cashflow/mo

£67

Cashflow/yr

£801

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £75K to £275K, average is £139.2K. £743/m² to £2.8K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£132K05/210.01 mi6, Commercial Street, Bacup, Lancashire OL13 0UA3
£128K03/210.06 mi193, Newchurch Road, Bacup, Lancashire OL13 0UE3
£75K06/210.09 mi32, Branch Street, Stacksteads, Bacup, Lancashire OL13 0TX3
£115K12/230.09 mi13, Branch Street, Stacksteads, Bacup, Lancashire OL13 0TX3
£82K10/230.12 mi24, Union Street, Stacksteads, Bacup, Lancashire OL13 0RQ3
£114.5K04/210.12 mi13, Hindle Street, Stacksteads, Bacup, Lancashire OL13 8LL3
£110K04/210.13 mi18, Plantation Street, Bacup, Lancashire OL13 0QX3
£168K06/230.13 mi22, Osborne Terrace, Stacksteads, Bacup, Lancashire OL13 8JZ3
£82K06/230.14 mi6, Farholme Lane, Stacksteads, Bacup, Lancashire OL13 0EU3
£75K12/210.14 mi21, Acre Mill Road, Bacup, Lancashire OL13 0HF3
£150K10/220.17 mi167, Newchurch Road, Bacup, Lancashire OL13 0TS3
£112.5K11/200.18 mi15, Blackwood Court, Stacksteads, Bacup, Lancashire OL13 0BD3
£87K05/210.19 mi14, Holme Street, Stacksteads, Bacup, Lancashire OL13 0ET3
£87.5K04/230.19 mi17, Holme Street, Stacksteads, Bacup, Lancashire OL13 0ET3
£275K05/210.19 miSunny Bank House, Trinity Street, Stacksteads, Bacup, Lancashire OL13 0RN3
£100K03/210.2 mi15, Heathfield Avenue, Stacksteads, Bacup, Lancashire OL13 0SQ3
£118.5K09/210.21 mi4, Hill Crest, Bacup, Lancashire OL13 8LA3
£123K05/230.21 mi33, Tunstead Road, Stacksteads, Bacup, Lancashire OL13 0RU3
£190K11/230.27 mi2, Fernville Terrace, Bacup, Lancashire OL13 0EH3
£245K11/220.27 mi12, Fernville Terrace, Bacup, Lancashire OL13 0EH3
£180K05/220.27 mi28, Fernhill Drive, Stacksteads, Bacup, Lancashire OL13 8JS3
£270K10/220.28 miBrookside Bungalow, Greens Lane, Stacksteads, Bacup, Lancashire OL13 0JJ3
£100K11/200.29 mi85, Cutler Lane, Bacup, Lancashire OL13 0HW3
£190K12/230.29 mi59, Cutler Lane, Stacksteads, Bacup, Lancashire OL13 0HW3
£138.4K07/210.29 mi26, Fernhill Drive, Bacup, Lancashire OL13 8JS3
£185K11/210.29 mi36, Fernhill Drive, Stacksteads, Bacup, Lancashire OL13 8JS3
£83K11/200.3 mi145a, Newchurch Road, Bacup, Lancashire OL13 0EE3
£180K11/220.32 mi2, Mitchell Field Nook, Bacup, Lancashire OL13 8NJ3
£200K05/230.32 mi4, Mitchell Field Nook, Bacup, Lancashire OL13 8NJ3
£150K08/230.33 mi333, Newchurch Road, Bacup, Lancashire OL13 0LD3
£175K07/230.37 mi38, Heathbourne Road, Stacksteads, Bacup, Lancashire OL13 0SW3
£167K07/210.37 mi38, Heathbourne Road, Stacksteads, Bacup, Lancashire OL13 0SW3
£218K12/200.4 mi6, Fernhill Close, Bacup, Lancashire OL13 8JT3
£157.5K08/210.4 mi8, Crowtree Avenue, Stacksteads, Bacup, Lancashire OL13 0LP3
£140K11/200.4 mi4, Crowtree Avenue, Stacksteads, Bacup, Lancashire OL13 0LP3
£158.9K03/230.4 mi4, Back Rushton Street, Stacksteads, Bacup, Lancashire OL13 0DN3
£130K01/240.41 mi16, Fernhill Crescent, Stacksteads, Bacup, Lancashire OL13 8JU3
£120K05/210.44 mi45, Lee Road, Bacup, Lancashire OL13 0EA3
£106.5K05/210.44 mi12, Lee Road, Bacup, Lancashire OL13 0EA3
£160K10/230.44 mi129, Newchurch Road, Bacup, Lancashire OL13 0DH3
£180K08/230.45 mi81, Booth Road, Stacksteads, Bacup, Lancashire OL13 0TA3
£110K01/210.45 mi79, Booth Road, Bacup, Lancashire OL13 0TA3
£135K09/230.47 mi10, Tunstead Mill Terrace, Bacup, Lancashire OL13 0ND3
£93.5K05/210.53 mi367, Newchurch Road, Bacup, Lancashire OL13 0NB3
£125K06/230.53 mi522, Newchurch Road, Bacup, Lancashire OL13 0NB3
£150K07/230.53 mi367, Newchurch Road, Bacup, Lancashire OL13 0NB3
£220K06/230.53 mi25, Rockcliffe Avenue, Bacup, Lancashire OL13 8JH3
£196K06/210.53 mi21, Rockcliffe Avenue, Bacup, Lancashire OL13 8JH3
£172.5K01/210.57 mi164, Booth Road, Stacksteads, Bacup, Lancashire OL13 0TF3
£226K02/210.57 mi124, Booth Road, Stacksteads, Bacup, Lancashire OL13 0TF3

Local Rents

16 rents from £650/mo to £995/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£95006/240.04 miNewchurch Road, Stacksteads, Bacup3
£75002/240.07 mi-3
£82512/240.13 mi-3
£77506/240.14 miFarholme Lane, Stacksteads3
£65006/240.14 miAcre Mill Road, Bacup3
£89504/250.14 mi-3
£79503/240.17 mi-3
£79502/250.17 mi-3
£77506/240.18 miNewchurch Road, Bacup, OL133
£77507/240.18 miNewchurch Road, Bacup, OL133
£90007/240.23 mi-3
£90007/240.23 miHammond Avenue, Bacup, OL133
£99503/250.24 mi-3
£80006/240.32 mi-3
£95002/250.34 mi-3
£92504/250.52 mi-3

Local Area Statistics

Population in OL13

15,293

Town centre distance

1.69 miles away

Nearest school

0.10 miles away

Nearest train station

4.76 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £165,000

December 4, 2024

Listed for £175,000

August 17, 2024

Floor Plans

Description

  • 3 BED EXTENDED QUASI SEMI +
  • WELL PRESENTED IDEAL FAMILY HOME +
  • MODERN STYLISH KITCHEN WITH BUILT IN APPLIANCES +
  • DRIVEWAY FOR 2 CARS +
  • CLOSE TO EXCELLENT LOCAL AMENITIES & SCHOOLS +
  • PLAYING FIELD & RIVER WALK CLOSE BY +
  • FREEHOLD / COUNCIL TAX BAND A +
  • BUS STOPS ONLY A SHORT WALK AWAY +

3 BEDROOM QUASI SEMI DETACHED FAMILY HOME CLOSE TO OPEN COUNTRYSIDE, LOCATED IN THE POPULAR AREA OF STACKSTEADS. CLOSE TO LOCAL AMENITIES AND COUNTRYSIDE WALKS. PERFECT FAMILY HOME. COUNCIL TAX BAND A / FREEHOLD TENURE WITH NO GROUND RENT TO PAY.

The property comprises: Lounge, kitchen and extended diner. To the first floor you have 2 double bedrooms and 1 single room, with a shower room.

The property is close to excellent local amenities and shops. The Rose N Bowl carvery restaurant is only 5 minutes walk away, as are local primary schools. There are bus stops nearby and good transport links into Bacup, Rawtenstall and beyond.

Lovely family home, council tax band A and no ground rent to pay. Combi boiler serviced last year.

LOUNGE - 4.0m x 3.3m
Lovely room with a bay window and under stairs' storage.

KITCHEN DINER - 5.2m x 4.2m, reducing to 3.0m in the dining area.
Modern kitchen with built-in appliances such as, fridge, freezer, washing machine and dishwasher. The extended dining area has skylights and a door that leads out to the rear yard.

FIRST FLOOR

MASTER BEDROOM - 3.6m x 3.2m
Good-sized master room with built-in wardrobes and over head storage, views out to the front of the property.

BED 2 - 3.5m x 2.6m
Views out the rear of the property and partial views over to Lee Mill quarry.

BED 3 - 2.7m x 2.0m
Single bedroom with views to the front of the house.

BATHROOM - 1.7m x 1.7m
Modern bathroom with walk in shower.

EXTERNALLY
Double driveway to the front of the property, to the rear you have an enclosed yard.

COUNCIL TAX
We can confirm the property is council tax band A - payable to Rossendale Borough Council.

TENURE
We can confirm the property is Freehold. The property is currently leasehold however the current owners are buying the freehold and will be finalised prior to property sale completion.

THE AREA
Stacksteads is a small village located in the Rossendale Valley, Lancashire, England. Historically a part of the industrial landscape of the North West, Stacksteads was once heavily involved in the cotton and textile industries, which were central to the economy of the region during the 19th and early 20th centuries. The village is nestled between the larger towns of Bacup and Rawtenstall, and its landscape is characterized by the picturesque hills and moors that define much of Rossendale. Although the industrial activity has long since declined, Stacksteads retains a sense of its heritage, with stone cottages and former mill buildings still evident in the area.

In recent years, Stacksteads has become more of a residential area, benefiting from its proximity to natural attractions such as the Pennine hills and the River Irwell, which flows through the valley. The village is well-connected by road, making it an appealing location for commuters to nearby towns and cities like Manchester. Local amenities include schools, shops, and community facilities that serve the needs of the residents. Additionally, efforts have been made to enhance the local environment, with projects such as the Stacksteads Riverside Park providing green space for leisure and recreation. The village maintains a close-knit community feel, reflecting its roots as a traditional Lancashire village.

PLEASE NOTE
All measurements are approximate to the nearest 0.1m and for guidance only, and they should not be relied upon for the fitting of carpets or the placement of furniture. No checks have been made on any fixtures and fittings or services where connected (water, electricity, gas, drainage, heating appliances or any other electrical or mechanical equipment in this property).

Agent Details

Coppenwall, Rossendale

01706 335888

Next Steps?

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