3 Bed Semi-Detached House, Planning Permission, Rossendale, BB4 7DQ, £225,000

Cowpe Road, Cowpe, Rossendale, BB4 7DQ - 7 months ago

Sold STC
Planning
~93 m²
+16 photos

ValuationOvervalued

Sold Prices£89K - £386K
Sold Prices/m²£743/m² - £3.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£164,827

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£600 - £995

Rent Estimate

£795

Running Costs/mo

£882

Cashflow/mo

£-87

Cashflow/yr

£-1,045

Gross Yield

4%

Local Sold Prices

50 sold prices from £89K to £386K, average is £150K. £743/m² to £3.1K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£363K02/230.1 mi15, Hardman Drive, Cowpe, Rossendale, Lancashire BB4 7DD3
£235K11/200.2 mi41, Cowpe Road, Waterfoot, Rossendale, Lancashire BB4 7DQ3
£90K04/210.23 mi27, Ashworth Street, Waterfoot, Rossendale, Lancashire BB4 7AY3
£125K12/220.25 mi8, Glen Terrace, Rossendale, Lancashire BB4 7BS3
£386K08/210.25 miBaron Fold Cottage, Baron Fold, Rossendale, Lancashire BB4 7HA3
£120K04/230.26 mi3, Townsend Street, Waterfoot, Rossendale, Lancashire BB4 7AZ3
£185K05/210.29 mi677, Bacup Road, Waterfoot, Rossendale, Lancashire BB4 7HB3
£89K07/230.44 mi7, West View, Waterfoot, Rossendale, Lancashire BB4 9BH3
£292K09/210.46 mi49, Booth Road, Waterfoot, Rossendale, Lancashire BB4 9BP3
£149.9K02/240.47 mi854, Glen Top, Bacup, Lancashire OL13 0NW3
£140K04/210.48 mi101, Queensway, Newchurch, Rossendale, Lancashire BB4 7UB3
£139K03/210.48 mi10, Queensway, Newchurch, Rossendale, Lancashire BB4 7UB3
£141K12/200.52 mi7, Park Road, Waterfoot, Rossendale, Lancashire BB4 9BW3
£110K12/200.52 mi9, Park Road, Waterfoot, Rossendale, Lancashire BB4 9BW3
£141K06/210.55 mi3, Hey Head Avenue, Rossendale, Lancashire BB4 9BS3
£132K02/230.56 mi109, Staghills Road, Rossendale, Lancashire BB4 7TY3
£164K11/210.58 mi8, Prospect Villas, Waterfoot, Rossendale, Lancashire BB4 9SP3
£157K11/200.58 mi8, Prospect Villas, Waterfoot, Rossendale, Lancashire BB4 9SP3
£150K01/230.6 mi24, Coronation Grove, Newchurch, Rossendale, Lancashire BB4 7TZ3
£140K12/220.61 mi13, Windsor Avenue, Newchurch, Rossendale, Lancashire BB4 7UD3
£100K03/210.61 mi10, Windsor Avenue, Newchurch, Rossendale, Lancashire BB4 7UD3
£217.5K12/200.67 mi2, Brandwood Park, Bacup, Lancashire OL13 0PA3
£225K10/220.67 mi1, Sunnindale Avenue, Waterfoot, Rossendale, Lancashire BB4 9UF3
£150K03/210.68 mi12, Church Street, Newchurch, Rossendale, Lancashire BB4 9EX3
£160K11/220.73 mi39, Staghills Road, Rossendale, Lancashire BB4 7TX3
£152K05/220.73 mi520, Newchurch Road, Bacup, Lancashire OL13 0NB3
£247.5K12/200.76 mi519, Newchurch Road, Rossendale, Lancashire BB4 9HH3
£156.5K06/230.76 mi19, Taylor Avenue, Edgeside, Rossendale, Lancashire BB4 9SY3
£179.9K05/230.76 mi31, Taylor Avenue, Edgeside, Rossendale, Lancashire BB4 9SY3
£210K08/210.78 mi18, Naze View Avenue, Rossendale, Lancashire BB4 9DT3
£136.5K06/210.78 mi5, Crabtree Avenue, Rossendale, Lancashire BB4 9TE3
£135K02/230.8 mi17, Crabtree Avenue, Edgeside, Rossendale, Lancashire BB4 9TE3
£100K03/210.8 mi8, Hareholme Lane, Cloughfold, Rossendale, Lancashire BB4 7JZ3
£93.5K05/210.81 mi367, Newchurch Road, Bacup, Lancashire OL13 0NB3
£125K06/230.81 mi522, Newchurch Road, Bacup, Lancashire OL13 0NB3
£150K07/230.81 mi367, Newchurch Road, Bacup, Lancashire OL13 0NB3
£172.5K01/210.81 mi164, Booth Road, Stacksteads, Bacup, Lancashire OL13 0TF3
£226K02/210.81 mi124, Booth Road, Stacksteads, Bacup, Lancashire OL13 0TF3
£135K09/230.86 mi10, Tunstead Mill Terrace, Bacup, Lancashire OL13 0ND3
£175K12/220.89 mi185a, Edgeside Lane, Edgeside, Rossendale, Lancashire BB4 9TS3
£158K03/230.92 mi6, Upper Ash Mount, Rossendale, Lancashire BB4 7PS3
£180K08/230.92 mi81, Booth Road, Stacksteads, Bacup, Lancashire OL13 0TA3
£110K01/210.92 mi79, Booth Road, Bacup, Lancashire OL13 0TA3
£157.5K08/210.93 mi8, Crowtree Avenue, Stacksteads, Bacup, Lancashire OL13 0LP3
£140K11/200.93 mi4, Crowtree Avenue, Stacksteads, Bacup, Lancashire OL13 0LP3
£136K06/210.93 mi75, Crabtree Avenue, Edgeside, Rossendale, Lancashire BB4 9TB3
£150K03/230.93 mi95, Crabtree Avenue, Edgeside, Rossendale, Lancashire BB4 9TB3
£139.9K02/210.93 mi96, Crabtree Avenue, Rossendale, Lancashire BB4 9TB3
£128.5K04/210.94 mi77, Crabtree Avenue, Edgeside, Rossendale, Lancashire BB4 9TB3
£167K07/210.98 mi38, Heathbourne Road, Stacksteads, Bacup, Lancashire OL13 0SW3

Local Rents

20 rents from £600/mo to £995/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£80009/240.27 mi-3
£95011/240.27 mi-3
£80008/230.39 mi-3
£80009/240.39 mi-3
£60004/250.39 mi-3
£85001/240.55 mi-3
£80002/240.63 mi-3
£99512/240.76 miWales Road, Rossendale, Lancashire, BB43
£85012/240.77 miBridleway, Rossendale, Lancashire, BB43
£92504/250.86 mi-3
£79504/240.89 mi-3
£79512/240.89 miBacup Road, Rossendale, BB43
£80006/241.01 mi-3
£95001/251.01 mi-3
£79512/231.12 mi-3
£85012/241.12 mi-3
£90012/241.13 mi-3
£79503/241.16 mi-3
£79502/251.16 mi-3
£99503/251.18 mi-3

Local Area Statistics

Population in BB4

41,137

Town centre distance

0.89 miles away

Nearest school

0.40 miles away

Nearest train station

6.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £225,000

October 4, 2024

Floor Plans

Description

  • No Vendor Chain +
  • Sought-After Cowpe Location +
  • Private Rear Gardens +
  • Detached Garage & Driveway +
  • Bathroom & Separate W.C +
  • Close to BRGS +
  • Easy Access to M66 for Manchester +
  • Countryside on your Doorstep +
  • EPC:D. Council Tax Band C +
  • Freehold +

An ideal refurbishment opportunity, sold with no vendor chain and situated in this sought-after location of Cowpe, on a favourable, larger plot end with private rear aspects, which back onto the brook. Featuring a modern detached garage, there is an open-plan lounge & dining room, separate fitted kitchen, two double bedrooms, plus a third c75sqft generous single and a bathroom, plus separate W.C. Call the Rawtenstall office to arrange a viewing. EPC:D

Opposite a green banking, leading to open fields, this is a superb three-bedroom family home in Cowpe, ready for the next owners to make their own. Sold with no vendor, the property is on a large plot with front garden, plus side multi-car driveway, leading to a modern, detached garage and then onto a rear patio and generous lawn garden, with private rear aspects and a brook running along the bottom.

An ideal opportunity to refurbish and possible extend (side or rear, subject to planning permission) and add value, as well as your own stamp to this property. As you enter the is a spacious entrance hallway, with stairs to the first floor and internal doors to the kitchen and lounge. The lounge is a large room, with fire place and front window, with an open-plan dining room to the rear, with beige carpet running through the two spaces and a rear aspect window, looking onto the gardens. There is a well-proportioned, with a fitted kitchen, with rear window and door.

The first floor landing has a large window above the stairs. There are doors to three bedrooms, a bathroom and separate W.C. Bedroom one is a c120sqft front bedroom with green views to the front, whilst bedroom to is around 100sqft, with rear garden aspects. Bedroom three, is a well apportioned small double/large single at c75sqft. The bathroom features a panel bath and pedestal wash hand basin, with frosted window and could easily be made into a single space with the neighbouring W.C, as is currently the trend.

This property is a short walk down the hill into Waterfoot and BRGS (grammar school), with the Rossendale countryside on your door-step. The 483 bus runs through Waterfoot from Burnley, via Rawtenstall, to Bury, joining up with the Manchester Metrolink services, whilst the M66 is easily accessible.

From the Rawtenstall office, turn right along Bank Street, turning left at the traffic lights onto St Marys Way, before turning left again at the next set of traffic lights on to Bacup Road. Continue for 1/4 mile, over the mini-roundabout, staying on Bacup Road for one mile, heading into Waterfoot. In the centre of Waterfoot Village, proceed across the first mini-roundabout, before turning right at the second, off Bacup Road and onto Cowpe Road. Continue over the bridge and stay right on Cowpe Road, as the road forks. This property is 200 metre up the hill, on the left hand side, just after Green Bridge South.

This property is connected to main services.

Agent Details

Ryder & Dutton, Rawtenstall

01706 335859

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪