2 Bed Terraced House, Single Let, Bacup, OL13 0HF, £79,950

7 Acre Mill Road, Bacup, Lancashire, OL13 0HF - 3 views - 6 months ago

Sold STC
BTL
ROI: 6%
63 m²
+7 photos

ValuationUndervalued

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

 

 

Square Metres

63 m²
Price/m²£1.3K/m²

Value Estimate

£94,574
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£19,988

Stamp Duty & Legal Fees

£3,599

Total Cash In

£23,586

 

 

Cash Out

 

Rent Range

£495 - £1,000

Rent Estimate

£495

Running Costs/mo

£369

Cashflow/mo

£126

Cashflow/yr

£1,514

ROI

6%

Gross Yield

7%

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 
£100K02/210.05 mi4, Brunswick Terrace, Bacup, Lancashire OL13 0HD2
£90K04/210.05 mi18, Brunswick Terrace, Bacup, Lancashire OL13 0HD2
£120K08/230.06 mi8, Hardman Terrace, Bacup, Lancashire OL13 0HL2
£67K08/210.09 mi15, David Street, Stacksteads, Bacup, Lancashire OL13 0TT2
£85K02/230.09 mi30, David Street, Stacksteads, Bacup, Lancashire OL13 0TT2
£95K06/230.09 mi3, David Street, Stacksteads, Bacup, Lancashire OL13 0TT2
£105K02/230.09 mi27, Herbert Street, Stacksteads, Bacup, Lancashire OL13 0TY2
£112K07/230.09 mi21, Herbert Street, Stacksteads, Bacup, Lancashire OL13 0TY2
£154.9K12/230.13 mi199, Newchurch Road, Bacup, Lancashire OL13 0UE2
£88K02/230.13 mi207, Newchurch Road, Bacup, Lancashire OL13 0UE2
£122K07/210.13 mi12, Miles Avenue, Bacup, Lancashire OL13 0UB2
£126.5K06/220.14 mi77, Cutler Lane, Stacksteads, Bacup, Lancashire OL13 0HW2
£132K02/210.14 mi11, Springhill Avenue, Bacup, Lancashire OL13 0HQ2
£158.5K09/230.14 mi11, Springhill Avenue, Stacksteads, Bacup, Lancashire OL13 0HQ2
£60K11/200.14 mi1, Commercial Street, Stacksteads, Bacup, Lancashire OL13 0UA2
£82.5K09/230.16 mi3, Old Kiln, Stacksteads, Bacup, Lancashire OL13 0EW2
£82.5K04/210.16 mi14, Brearley Street, Bacup, Lancashire OL13 8LJ2
£84K04/210.17 mi43, Unsworth Street, Stacksteads, Bacup, Lancashire OL13 0JH2
£85K11/210.18 mi5, Brearley Street, Stacksteads, Bacup, Lancashire OL13 8LJ2
£108K12/200.18 mi10, Greenbank, Stacksteads, Bacup, Lancashire OL13 8LQ2
£90K10/220.19 mi180, Newchurch Road, Bacup, Lancashire OL13 0EE2
£75K02/230.2 mi62, Cutler Lane, Stacksteads, Bacup, Lancashire OL13 0HW2
£83K03/210.21 mi31, Bankfield Street, Bacup, Lancashire OL13 8LW2
£75K10/210.22 mi168, Newchurch Road, Bacup, Lancashire OL13 0EE2
£95K10/200.25 mi29, Blackwood Court, Stacksteads, Bacup, Lancashire OL13 0BD2
£110K04/210.25 mi25, Blackwood Court, Stacksteads, Bacup, Lancashire OL13 0BD2
£95K09/230.26 mi3, Dale Street, Stacksteads, Bacup, Lancashire OL13 0QZ2
£82.5K11/200.26 mi29, Plantation Street, Bacup, Lancashire OL13 0QX2
£67.5K03/240.26 mi6, South Villas, Bacup, Lancashire OL13 0RJ2
£98K10/230.28 mi1, Clegg Street, Stacksteads, Bacup, Lancashire OL13 0RB2
£121K04/210.28 mi4, Prospect Terrace, Bacup, Lancashire OL13 0JA2
£65K02/210.31 mi16, Church Street, Bacup, Lancashire OL13 0RW2
£70K02/210.31 mi18, Church Street, Bacup, Lancashire OL13 0RW2
£110K08/230.31 mi1, George Street, Stacksteads, Bacup, Lancashire OL13 0RF2
£78K10/210.31 mi29, Primrose Street, Bacup, Lancashire OL13 0RR2
£80K09/210.31 mi13, Primrose Street, Bacup, Lancashire OL13 0RR2
£94.5K09/230.31 mi15, Primrose Street, Stacksteads, Bacup, Lancashire OL13 0RR2
£137.5K05/220.32 mi8, Lee Road, Stacksteads, Bacup, Lancashire OL13 0EA2
£110K01/230.33 mi1, Stansfield Street, Stacksteads, Bacup, Lancashire OL13 0RT2
£77.5K10/200.33 mi1, Stansfield Street, Bacup, Lancashire OL13 0RT2
£81K05/210.33 mi31, Lee Road, Bacup, Lancashire OL13 0EA2
£81K09/230.33 mi39, Lee Road, Stacksteads, Bacup, Lancashire OL13 0EA2
£147.5K11/220.33 mi37, Lee Road, Stacksteads, Bacup, Lancashire OL13 0EA2
£85K06/230.36 mi18, Tunstead Road, Stacksteads, Bacup, Lancashire OL13 0RU2
£70K07/230.36 mi17, Primrose Bank, Stacksteads, Bacup, Lancashire OL13 0RX2
£119.5K03/210.37 mi11, Tunstead Road, Stacksteads, Bacup, Lancashire OL13 0RU2
£96K01/240.4 mi22, Lord Avenue, Stacksteads, Bacup, Lancashire OL13 0RY2
£73K04/210.44 mi6, Atherton Street, Bacup, Lancashire OL13 0LJ2
£99K10/200.47 mi52, Barlow Street, Bacup, Lancashire OL13 0QD2
£188K07/230.47 mi28, Western Court, Stacksteads, Bacup, Lancashire OL13 0SU2

Local Rents

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

RentDateDistanceAddressBeds 
£75009/240.01 mi-2
£65002/240.08 mi-2
£69508/240.08 mi-2
£69503/250.1 mi-2
£65012/230.11 mi-2
£67503/250.11 mi-2
£59512/240.12 mi-2
£65006/240.13 miNewchurch Road, Stacksteads, Bacup2
£59506/240.13 mi-2
£75006/240.16 mi-2
£69503/250.16 mi-2
£1,00001/250.16 mi-2
£69503/250.16 mi-2
£69511/240.17 mi-2
£65007/240.19 miHuttock End Lane, Bacup2
£65009/240.19 mi-2
£65011/240.19 mi-2
£65001/250.19 mi-2
£65006/240.2 mi-2
£49508/240.21 mi-2
£67501/240.25 mi-2
£75004/240.3 mi-2
£85003/250.3 mi-2
£62502/240.31 mi-2
£60007/240.31 miPrimrose Street, Bacup, Lancashire, OL132
£69502/250.34 mi-2

Local Area Statistics

Population in OL13

15,293

Town centre distance

1.71 miles away

Nearest school

0.20 miles away

Nearest train station

4.66 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £79,950

October 2, 2024

Sold for £64,000

2007

Floor Plans

Description

  • Delightful Cottage +
  • No Vendor Chain +
  • Two Well-Apportioned Bedrooms +
  • Close to Countryside Walks +
  • Close to Shops +
  • Near BRGS Grammar School +
  • Easy Access to M66/ Manchester +
  • Freehold +
  • Council Tax Band A +
  • EPC:D +

A delightful cottage, perfect for buyers looking a property to refurbish, add their own style and to add value. Featuring two well-apportioned bedrooms, a solid brick out-building and a surprisingly large garden. Ideal for first-time buyers and sold with no vendor chain. EPC:D

Ready for the3 new owners to refurbish and add value, this is a superbly situated cottage close to countryside walks, and the parade of shops in Stacksteads and is within easy reach of schools including BRGS (grammar school) as well as being just 3 miles to Rawtenstall with connections to the M66 for Manchester.

Featuring gas central heating Upvc double glazed windows, upon entering this period stone cottage, there is a porch and a spacious 160sqft lounge with grey carpet and a doorway through to a 125sqft kitchen diner, with an attractive stone fireplace, which affords space for a cooker, or appliances within. There are fitted cupboards and work-surfaces across two walls, plus a peninsula breakfast bar with inset sink by the rear bay window.

A door leads to an under stairs storage space with a few steps down to a half cellar space, ideal for keeping wine cool for example, as well as additional storage space. A second internal door leads to a staircase to the first-floor landing from where you can access two bedrooms and the bathroom.

Bedroom one is a large 165sqft front double bedroom with front window, whilst bedroom two is a spacious single bedroom with rear garden views. The bathroom is three-piece with a bath and shower above, W.C. and wash-hand basin, plus built-in storage.

The garden features resident access immediately at the rear, so that you can get your bins out, or for builder access for example and features a handy brick outbuilding, with stone roof. A few stone steps lead up to an unexpectedly generous green garden, giving lots of possibilities as the neighbouring gardens show and some quality, private outdoor space.

Agent Details

Ryder & Dutton, Rawtenstall

01706 335859

Next Steps?

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