2 Bed Terraced House, Single Let, Bacup, OL13 9JJ, £100,000

25, Industrial Street, Bacup, OL13 9JJ - 3 views - 6 months ago

Sold STC
BTL
ROI: 4%
72 m²
+11 photos

ValuationOvervalued

Sold Prices£39.5K - £174.5K
Sold Prices/m²£648/m² - £3.5K/m²

 

 

Square Metres

72 m²
Price/m²£1.4K/m²

Value Estimate

£95,314

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£29,200

 

 

Cash Out

 

Rent Range

£500 - £850

Rent Estimate

£525

Running Costs/mo

£438

Cashflow/mo

£88

Cashflow/yr

£1,050

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £39.5K to £174.5K, average is £92.3K. £648/m² to £3.5K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£97.5K12/220.04 mi6, Industrial Street, Bacup, Lancashire OL13 9JJ2
£97K03/210.04 mi15, Central View, Bacup, Lancashire OL13 9JX2
£80K11/200.06 mi17, Thorn Street, Bacup, Lancashire OL13 9JG2
£58K02/230.09 mi15, Alma Street, Bacup, Lancashire OL13 9JA2
£39.5K09/230.09 mi39, Alma Street, Bacup, Lancashire OL13 9JA2
£60K02/210.09 mi19, Alma Street, Bacup, Lancashire OL13 9JA2
£60K02/210.09 mi19, Alma Street, Bacup, Lancashire OL13 9JA2
£92.5K06/220.1 mi4, Myrtle Cottages, Bacup, Lancashire OL13 9JU2
£127K02/230.11 mi9, Pendle Close, Bacup, Lancashire OL13 9JT2
£60K04/240.11 mi7, Pendle Close, Bacup, Lancashire OL13 9JT2
£65.1K12/200.18 mi92, Pennine Road, Bacup, Lancashire OL13 9PH2
£70K12/200.23 mi24, Earnshaw Road, Bacup, Lancashire OL13 9BP2
£84K11/220.23 mi4, Ashworth Street, Bacup, Lancashire OL13 9LS2
£84K12/200.26 mi17, Zion Street, Bacup, Lancashire OL13 9LT2
£143K01/210.27 mi41, Rockcliffe Road, Bacup, Lancashire OL13 9QG2
£100K03/210.27 mi121, Rochdale Road, Bacup, Lancashire OL13 9NS2
£92.5K10/230.27 mi119, Rochdale Road, Bacup, Lancashire OL13 9NS2
£108.7K12/230.27 mi192, Rochdale Road, Bacup, Lancashire OL13 9NS2
£85K06/210.27 mi3, Rose Street, Bacup, Lancashire OL13 8AR2
£90K06/210.29 mi30, Dale Street, Bacup, Lancashire OL13 8AP2
£82.3K07/210.3 mi7, Stanley Mount, Bacup, Lancashire OL13 9DA2
£65K12/200.3 mi98, Market Street, Bacup, Lancashire OL13 0AY2
£140K09/230.3 mi98, Market Street, Bacup, Lancashire OL13 0AY2
£131K03/210.3 mi27, Bankside Lane, Bacup, Lancashire OL13 8HJ2
£174.5K10/230.3 mi25, Bankside Lane, Bacup, Lancashire OL13 8HJ2
£160K02/230.31 mi8, Clough Road, Bacup, Lancashire OL13 9LP2
£96K03/230.33 mi51, Rosendale Crescent, Bacup, Lancashire OL13 9LN2
£108K08/220.33 mi14, Daisy Bank, Bacup, Lancashire OL13 8AL2
£80K01/240.33 mi10, Daisy Bank, Bacup, Lancashire OL13 8AL2
£80K04/210.34 mi9, Edward Street, Bacup, Lancashire OL13 9EW2
£110K03/230.34 mi18, Pembroke Street, Bacup, Lancashire OL13 9QU2
£97K12/230.36 mi13, Beech Street, Bacup, Lancashire OL13 9DR2
£85K12/220.36 mi70, Dale Street, Bacup, Lancashire OL13 8BA2
£86.5K01/210.39 mi11, Pine Street, Bacup, Lancashire OL13 9QF2
£92K03/240.39 mi1, Shepherd Street, Bacup, Lancashire OL13 8BH2
£42K12/200.39 mi11, Shepherd Street, Bacup, Lancashire OL13 8BH2
£72K12/200.39 mi13, Shepherd Street, Bacup, Lancashire OL13 8BH2
£83K12/230.39 mi21, Shepherd Street, Bacup, Lancashire OL13 8BH2
£115K08/230.39 mi3, Shepherd Street, Bacup, Lancashire OL13 8BH2
£85K10/220.41 mi3, Albert Terrace, Bacup, Lancashire OL13 8BJ2
£61K07/210.42 mi1, Albert Terrace, Bacup, Lancashire OL13 8BJ2
£110K01/230.42 mi10, Albert Terrace, Bacup, Lancashire OL13 8BJ2
£129.9K02/240.43 mi19, Peel Drive, Bacup, Lancashire OL13 9PU2
£125K03/210.43 mi24, Peel Drive, Bacup, Lancashire OL13 9PU2
£80K03/210.44 mi30, Blackthorn Lane, Bacup, Lancashire OL13 8EB2
£170K09/220.45 mi22, Windermere Road, Bacup, Lancashire OL13 9DN2
£140K02/210.46 mi9, Churchtown Crescent, Bacup, Lancashire OL13 9PL2
£105K02/210.46 mi5, Churchtown Crescent, Bacup, Lancashire OL13 9PL2
£170K01/210.46 mi5, Walton Close, Bacup, Lancashire OL13 9RE2
£155K12/210.48 mi22, Windermere Road, Bacup, Lancashire OL13 9DN2

Local Rents

29 rents from £500/mo to £850/mo, average is £675/mo.

RentDateDistanceAddressBeds 
£80010/240.07 mi-2
£67506/240.09 miInkerman Street, Bacup2
£70001/250.09 mi-2
£70001/250.09 mi-2
£79508/240.09 miALMA STREET, Bacup, Rossendale OL13 9JA2
£85008/240.09 miALMA STREET, Bacup, Rossendale OL13 9JA2
£85008/240.09 miALMA STREET, Bacup, Rossendale OL13 9JA2
£85009/240.09 miALMA STREET, Bacup, Rossendale OL13 9JA2
£65008/240.09 miInkerman Street, Bacup2
£60007/240.09 mi-2
£60001/240.1 mi-2
£65010/240.1 mi-2
£65004/250.1 mi-2
£65002/250.1 mi-2
£62512/240.2 mi-2
£67504/250.22 mi-2
£67508/240.24 miRockcliffe Road, Bacup2
£65011/240.32 mi-2
£70002/240.33 mi-2
£55006/240.42 miAlbert Terrace, Bacup, OL132
£55006/240.43 mi-2
£75009/240.49 mi-2
£65009/230.5 mi-2
£65009/230.5 mi-2
£65003/240.5 mi-2
£72507/240.5 miBlackthorn Terrace, Bacup, Lancashire, OL132
£80008/240.51 miBrown Street, Bacup2
£67503/250.52 mi-2
£50006/240.54 mi-2

Local Area Statistics

Population in OL13

15,293

Town centre distance

0.71 miles away

Nearest school

0.30 miles away

Nearest train station

3.81 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £100,000

October 15, 2024

Floor Plans

Description

  • Industrial Street, Bacup +
  • Mid Terrace Property +
  • Large Open Plan Lounge / Dining Room / Kitchen +
  • 2 Bed Rooms & Shower Rooms +
  • Front Forecourt & Small Rear Area +
  • No Chain Delay! +

INVESTOR ALERT - IDEAL BUY-TO-LET / First Time Buyer Home. MID TERRACE WITH OPEN PLAN LIVING, GOOD SIZE KITCHEN, 2 BEDROOMS & SHOWER ROOM. Easy Access to Local Amenities, NO CHAIN DELAY! - CALL TODAY!!

Industrial Street, Bacup, is a mid-terrace property with 2 first floor double bedrooms and shower room. The property benefits from an entrance porch leading to a large open plan lounge / dining room and a good size fitted Kitchen. Externally, the property has a small rear patio yard.

This property is ideal for an investor looking for a buy-to-let investment or a first time buyer wanting to add value to their home. Located within easy reach of Bacup, yet away from the town centre itself, the property offers good access to local amenities, public transport and commuter connections to Rawtenstall, Burnley, Rochdale, Todmorden and beyond, while open countryside is within a few minutes, with walks, bridleways and cycle routes.

Internally, the property briefly comprises: Entrance Porch, Open Plan Lounge / Dining, and Kitchen. First Floor Landing with doors off to Bedrooms 1 & 2 and a good size shower room. Externally, Front forecourt and small rear Patio Yard / Bin Store.

* Perfect for Buy to let * Large Open Plan Lounge / Dining / Kitrchen * Mid-Terrace Property * Patio Yard * NO CHAIN DELAY!

Porch - 1.51 x 0.93 (4'11" x 3'0") -

Open Plan Lounge - 3.12m x 4.26m (10'3" x 14'0") - Open to Dining

Open Plan Dining - 4.61m x 4.26m (15'1" x 14'0") -

Kitchen - 2.27m x 3.89m (7'5" x 12'9") -

Landing - 1.95m x 2.98m (6'5" x 9'9") -

Bedroom 1 - 3.02m x 4.26m (9'11" x 14'0") -

Bedroom 2 - 2.52m x 2.46m (8'3" x 8'1") -

Shower Room - 3.63m x 1.71m (11'11" x 5'7") -

Small Rear Yard -

Agents Notes - Council Tax: Band 'A'
Tenure: Freehold
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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