2 Bed Terraced House, Single Let, Rossendale, BB4 5PE, £125,000

111 Bury Road, Rossendale, Lancashire, BB4 5PE - 6 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 4%
99 m²
+15 photos

ValuationUndervalued

Sold Prices£56K - £218K
Sold Prices/m²£591/m² - £2.9K/m²

 

 

Square Metres

99 m²
Price/m²£1.3K/m²

Value Estimate

£133,482
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Rent Range

£595 - £995

Rent Estimate

£675

Running Costs/mo

£546

Cashflow/mo

£129

Cashflow/yr

£1,553

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £56K to £218K, average is £100.5K. £591/m² to £2.9K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£110K11/210.02 mi164, Bury Road, Haslingden, Rossendale, Lancashire BB4 5PE2
£56K07/230.03 mi8, Rifle Street, Haslingden, Rossendale, Lancashire BB4 6NR2
£133K02/230.06 mi19, Grane Street, Haslingden, Rossendale, Lancashire BB4 5NB2
£90K02/210.06 mi107, Manchester Road, Haslingden, Rossendale, Lancashire BB4 6NT2
£130K09/210.08 mi11, Hazeldene Avenue, Haslingden, Rossendale, Lancashire BB4 6NU2
£68.5K04/210.09 mi15, Store Street, Haslingden, Rossendale, Lancashire BB4 5TH2
£95K11/200.09 mi5, St Peters Avenue, Haslingden, Rossendale, Lancashire BB4 6NZ2
£65K05/210.09 mi4, Store Street, Haslingden, Rossendale, Lancashire BB4 5TH2
£147.5K03/230.11 mi3, Pine Street, Haslingden, Rossendale, Lancashire BB4 5ND2
£130K01/230.12 mi1a, Poplar Street, Haslingden, Rossendale, Lancashire BB4 5LY2
£92.3K10/210.13 mi33, Hillside Road, Haslingden, Rossendale, Lancashire BB4 5NW2
£72K02/210.14 mi17, Greenfield Street, Haslingden, Rossendale, Lancashire BB4 5TG2
£77K11/200.16 mi20, Park Street, Haslingden, Rossendale, Lancashire BB4 5TF2
£87.5K11/200.16 mi36, Park Street, Haslingden, Rossendale, Lancashire BB4 5TF2
£116K11/210.18 mi58, Piccadilly Street, Haslingden, Rossendale, Lancashire BB4 5LU2
£94K07/210.18 mi36, Piccadilly Street, Haslingden, Rossendale, Lancashire BB4 5LU2
£94K07/210.18 mi36, Piccadilly Street, Haslingden, Rossendale, Lancashire BB4 5LU2
£145K08/230.22 mi7, New Street, Haslingden, Rossendale, Lancashire BB4 5TA2
£75K08/210.22 mi6, Walnut Avenue, Haslingden, Rossendale, Lancashire BB4 5NJ2
£110K12/220.27 mi5, Peel Street, Haslingden, Rossendale, Lancashire BB4 5DZ2
£107.5K07/230.27 mi34, Peel Street, Haslingden, Rossendale, Lancashire BB4 5DZ2
£165K03/210.27 mi97, Laneside Road, Haslingden, Rossendale, Lancashire BB4 6PG2
£110K06/230.28 mi17, Deardengate Croft, Haslingden, Rossendale, Lancashire BB4 5SX2
£80K03/210.3 mi2, Rudd Street, Haslingden, Rossendale, Lancashire BB4 5DG2
£72K10/210.32 mi17, Prospect Hill, Haslingden, Rossendale, Lancashire BB4 5EF2
£85.5K04/210.32 mi33, Prospect Hill, Haslingden, Rossendale, Lancashire BB4 5EF2
£63K06/230.32 mi15, Prospect Hill, Haslingden, Rossendale, Lancashire BB4 5EF2
£94K03/230.32 mi7, Prospect Hill, Haslingden, Rossendale, Lancashire BB4 5EF2
£105K03/230.32 mi20, Chapel Street, Haslingden, Rossendale, Lancashire BB4 5QR2
£93.7K06/210.32 mi4, Chapel Street, Haslingden, Rossendale, Lancashire BB4 5QR2
£71K03/230.32 mi32, Townsend Street, Haslingden, Rossendale, Lancashire BB4 5DF2
£99K11/210.33 mi2, Elm Close, Haslingden, Rossendale, Lancashire BB4 5QS2
£85K04/210.35 mi34, Hargreaves Street, Haslingden, Rossendale, Lancashire BB4 5RQ2
£152K07/230.36 mi26, Heys Street, Haslingden, Rossendale, Lancashire BB4 5DU2
£80K11/200.37 mi12, Heys Street, Haslingden, Rossendale, Lancashire BB4 5DU2
£165K05/230.37 mi3, Hillrise, Haslingden, Rossendale, Lancashire BB4 6PH2
£140K02/210.37 mi21, Hillrise, Haslingden, Rossendale, Lancashire BB4 6PH2
£156K08/210.38 mi14, Park Crescent, Haslingden, Rossendale, Lancashire BB4 6PS2
£65K02/210.39 mi53, Blackburn Road, Haslingden, Rossendale, Lancashire BB4 5QG2
£110K09/210.39 mi29, South Shore Street, Haslingden, Rossendale, Lancashire BB4 5DX2
£210K04/210.4 mi1, Park Avenue, Haslingden, Rossendale, Lancashire BB4 6PP2
£92K07/230.4 mi350, Manchester Road, Haslingden, Rossendale, Lancashire BB4 6PU2
£102K01/210.41 mi12, South Street, Haslingden, Rossendale, Lancashire BB4 6PZ2
£72.5K02/230.42 mi16, Parkinson Street, Haslingden, Rossendale, Lancashire BB4 5BE2
£141.5K07/230.44 mi339, Manchester Road, Haslingden, Rossendale, Lancashire BB4 6PT2
£218K02/210.45 mi3, Cambrian Way, Haslingden, Rossendale, Lancashire BB4 6TN2
£185K08/210.49 mi17, Fields Road, Haslingden, Rossendale, Lancashire BB4 6QA2
£108K03/230.52 mi38, Hudrake, Haslingden, Rossendale, Lancashire BB4 5AF2
£147.5K02/210.55 mi5, Jubilee Road, Haslingden, Rossendale, Lancashire BB4 5EU2
£170K06/230.58 mi4, Myrtle Grove, Haslingden, Rossendale, Lancashire BB4 4DE2

Local Rents

14 rents from £595/mo to £995/mo, average is £748/mo.

RentDateDistanceAddressBeds 
£65009/230.09 mi-2
£59510/230.09 mi-2
£79504/250.1 mi-2
£79512/240.14 miPine street, Haslingden, Rossendale BB4 5ND2
£60009/230.15 mi-2
£75003/250.2 mi-2
£99512/240.3 mi-2
£60012/240.33 miProspect Hill, Haslingden, Rossendale2
£80004/250.35 mi-2
£71011/230.36 mi-2
£67512/240.37 miCharles Lane, Haslingden, Rossendale2
£77504/250.43 mi-2
£75004/250.43 mi-2
£74504/250.43 mi-2

Local Area Statistics

Population in BB4

41,137

Town centre distance

2.31 miles away

Nearest school

0.10 miles away

Nearest train station

4.04 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £125,000

August 21, 2024

Sold for £77,000

2017

Sold for £32,500

2002

Sold for £35,000

1997

Floor Plans

Description

  • LOVELY 2 BED END TERRACED HOME +
  • CLOSE TO EXCELLENT LOCAL AMENITIES & SCHOOLS +
  • TWO CELLAR ROOMS +
  • MODERN BATHROOM SUITE +
  • DECEPTIVELY SPACIOUS HOME +
  • LEASEHOLD / COUNCIL TAX BAND A +
  • EXCELLENT TRANSPORT LINKS / CLOSE TO BUS STOPS INTO RAWTENSTALL, BURNLEY, ACCRINGTON, ROCHDALE +
  • IDEAL FOR FIRST TIME BUYERS / INVESTORS +
  • RENTAL ESTIMATE £675 - £700 PCM +

A unique and spacious two-bedroom corner terraced home situated in the highly sought-after area of Haslingden.

INVESTORS
Interested in a Buy-to-Let investment or renting out your existing property to finance another? Coppenwall's dedicated Lettings department is here to help. We'd estimate a £675 - £700 per calendar month rental income from this property.

This property boasts generous living spaces, including two large double bedrooms and a double cellar with excellent conversion potential. Originally two separate properties, it has been carefully redesigned by previous owners to create a single, expansive home. Conveniently located near transport links, schools, and local amenities, the property comprises: an inviting entrance hallway/breakfast area leading to a large dining kitchen with access to the cellar, inner hallway, a fitted IKEA kitchen and a burglar alarm.

The inner hallway leads to the staircase ascending to the first floor and opens up to a welcoming reception room. Upstairs, the first floor offers two spacious double bedrooms and a modern four-piece bathroom suite.

To the rear, there is rear access. This property must be viewed to fully appreciate all it has to offer. Get in touch with our team today for further information.

GROUND FLOOR
Hallway - 14' x 7' (4.27m x 2.13m)
Comprises a hardwood panelled entrance door, UPVC double-glazed window, wood-effect flooring, a central heating radiator, and open access to the kitchen.

Kitchen - 12'1 x 16' (3.68m x 4.88m)
Features a range of wood-panelled wall and base units, laminate worktops, tiled splashbacks, a stainless steel sink with drainer and mixer tap, integrated dishwasher, plumbing for a washing machine, space for a dryer, electric oven, induction hob, and extractor fan. Additional details include coving to the ceiling, stainless steel pan drawers, a central heating radiator, a UPVC double-glazed window to the front, a UPVC double-glazed door to the shared yard, and doors to the inner hall and cellar.

Inner Hallway:
Provides access to the staircase leading to the first floor and reception room.

Reception Room - 14'1 x 12' (4.29m x 3.66m)
Contains a UPVC double-glazed window, central heating radiator, exposed wooden flooring, real living flame gas fire, coving to the ceiling, original hardwood side entrance door, and a television point.

FIRST FLOOR
Landing
Includes coving to the ceiling, a smoke alarm, and doors leading to the two bedrooms and bathroom.

Bedroom One - 14'1 x 12' (4.29m x 3.66m)
Offers a UPVC double-glazed window, central heating radiator, wood-effect flooring, and fitted over-stairs storage.

Bedroom Two - 16' x 9' (4.88m x 2.74m)
Comprises a UPVC double-glazed window, central heating radiator, coving to ceiling, spotlights, and loft access.

Bathroom - 11' x 8' (3.35m x 2.44m)
Features a four-piece suite with a tiled panelled bath including jacuzzi jets and Tempa taps, WC, washbasin with grey high gloss vanity unit, tiled elevations, coving to the ceiling, central heating radiator, chrome heated towel rail, and UPVC double-glazed frosted window.

CELLAR
Room One - 13' x 10' (3.96m x 3.05m):
Includes gas and electric meters and opens into room two, with light and power supply.

Room Two - 13' x 7' (3.96m x 2.13m):
Equipped with lighting and power supply.

EXTERNAL

REAR
Shared back access to rear.

FRONT
Front entrance directly leading to the public pathway.

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

TENURE
We can confirm the property is Leasehold - 999 years from 9.3.1871 - 846 years remaining - £10.66 ground rent per annum

THE AREA
Haslingden is a historic town in the Rossendale Valley, located in Lancashire, England. With its origins dating back to the medieval period, Haslingden flourished during the Industrial Revolution, becoming a significant hub for the cotton and woollen industries. The town's rich industrial heritage is still evident in its architecture, with many traditional stone-built houses and old mills that add to its charm. Nestled amidst rolling hills and picturesque landscapes, Haslingden offers a blend of rural beauty and historical significance, making it a unique place to explore.

Today, Haslingden is a vibrant community that combines its historic roots with modern amenities. The town boasts a variety of local shops, cafés, and schools, catering to the needs of its residents. It is well-connected by road, with easy access to nearby towns such as Rawtenstall and Accrington, and is within commuting distance of larger cities like Manchester. Haslingden's proximity to the stunning countryside of the Rossendale Valley provides ample opportunities for outdoor activities, including walking, cycling, and exploring nature reserves, making it an appealing location for both families and professionals seeking a peaceful yet accessible place to live.

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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