2 Bed Semi-Detached House, Single Let, Bacup, OL13 9JW, £115,000

Pennine Road, Bacup, OL13 9JW - 1 views - 5 months ago

Sold STC
BTL
ROI: 3%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£39.5K - £270K
Sold Prices/m²£648/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.7K/m²

Value Estimate

£103,167

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£4,650

Total Cash In

£33,400

 

 

Cash Out

 

Rent Range

£500 - £850

Rent Estimate

£563

Running Costs/mo

£492

Cashflow/mo

£71

Cashflow/yr

£852

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £39.5K to £270K, average is £97.3K. £648/m² to £3.5K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£96K03/230.09 mi51, Rosendale Crescent, Bacup, Lancashire OL13 9LN2
£160K02/230.15 mi8, Clough Road, Bacup, Lancashire OL13 9LP2
£84K11/220.16 mi4, Ashworth Street, Bacup, Lancashire OL13 9LS2
£80K04/210.16 mi9, Edward Street, Bacup, Lancashire OL13 9EW2
£84K12/200.17 mi17, Zion Street, Bacup, Lancashire OL13 9LT2
£127K02/230.18 mi9, Pendle Close, Bacup, Lancashire OL13 9JT2
£60K04/240.18 mi7, Pendle Close, Bacup, Lancashire OL13 9JT2
£92.5K06/220.24 mi4, Myrtle Cottages, Bacup, Lancashire OL13 9JU2
£270K08/230.25 mi42, Oakenclough Road, Bacup, Lancashire OL13 9ET2
£65.1K12/200.27 mi92, Pennine Road, Bacup, Lancashire OL13 9PH2
£195K09/220.29 mi18, Hazel Grove, Bacup, Lancashire OL13 9XT2
£97K12/230.29 mi13, Beech Street, Bacup, Lancashire OL13 9DR2
£97.5K12/220.31 mi6, Industrial Street, Bacup, Lancashire OL13 9JJ2
£58K02/230.31 mi15, Alma Street, Bacup, Lancashire OL13 9JA2
£39.5K09/230.31 mi39, Alma Street, Bacup, Lancashire OL13 9JA2
£60K02/210.31 mi19, Alma Street, Bacup, Lancashire OL13 9JA2
£60K02/210.31 mi19, Alma Street, Bacup, Lancashire OL13 9JA2
£80K11/200.32 mi17, Thorn Street, Bacup, Lancashire OL13 9JG2
£138.5K02/230.32 mi74, Todmorden Road, Bacup, Lancashire OL13 9HJ2
£97K03/210.32 mi15, Central View, Bacup, Lancashire OL13 9JX2
£70K12/200.36 mi24, Earnshaw Road, Bacup, Lancashire OL13 9BP2
£170K09/220.42 mi22, Windermere Road, Bacup, Lancashire OL13 9DN2
£129.9K02/240.43 mi19, Peel Drive, Bacup, Lancashire OL13 9PU2
£125K03/210.43 mi24, Peel Drive, Bacup, Lancashire OL13 9PU2
£82.3K07/210.44 mi7, Stanley Mount, Bacup, Lancashire OL13 9DA2
£156K10/210.44 mi55, Windermere Road, Bacup, Lancashire OL13 9DN2
£155K12/210.44 mi22, Windermere Road, Bacup, Lancashire OL13 9DN2
£100K03/210.47 mi121, Rochdale Road, Bacup, Lancashire OL13 9NS2
£92.5K10/230.47 mi119, Rochdale Road, Bacup, Lancashire OL13 9NS2
£108.7K12/230.47 mi192, Rochdale Road, Bacup, Lancashire OL13 9NS2
£143K01/210.49 mi41, Rockcliffe Road, Bacup, Lancashire OL13 9QG2
£140K02/210.49 mi9, Churchtown Crescent, Bacup, Lancashire OL13 9PL2
£105K02/210.49 mi5, Churchtown Crescent, Bacup, Lancashire OL13 9PL2
£165K10/220.51 mi126, Todmorden Road, Bacup, Lancashire OL13 9TZ2
£130K09/230.51 mi145, Todmorden Road, Bacup, Lancashire OL13 9UA2
£85K06/210.53 mi3, Rose Street, Bacup, Lancashire OL13 8AR2
£90K06/210.53 mi30, Dale Street, Bacup, Lancashire OL13 8AP2
£108K08/220.54 mi14, Daisy Bank, Bacup, Lancashire OL13 8AL2
£80K01/240.54 mi10, Daisy Bank, Bacup, Lancashire OL13 8AL2
£80K03/210.55 mi30, Blackthorn Lane, Bacup, Lancashire OL13 8EB2
£120K07/210.55 mi144, Todmorden Road, Bacup, Lancashire OL13 9TZ2
£93.5K08/230.55 mi128, Todmorden Road, Bacup, Lancashire OL13 9TZ2
£65K12/200.55 mi98, Market Street, Bacup, Lancashire OL13 0AY2
£140K09/230.55 mi98, Market Street, Bacup, Lancashire OL13 0AY2
£110K03/230.56 mi18, Pembroke Street, Bacup, Lancashire OL13 9QU2
£170K01/210.56 mi5, Walton Close, Bacup, Lancashire OL13 9RE2
£85K12/220.57 mi70, Dale Street, Bacup, Lancashire OL13 8BA2
£86.5K01/210.58 mi11, Pine Street, Bacup, Lancashire OL13 9QF2
£131K03/210.58 mi27, Bankside Lane, Bacup, Lancashire OL13 8HJ2
£174.5K10/230.58 mi25, Bankside Lane, Bacup, Lancashire OL13 8HJ2

Local Rents

26 rents from £500/mo to £850/mo, average is £663/mo.

RentDateDistanceAddressBeds 
£62511/240.18 mi-2
£80009/240.24 mi-2
£65002/250.27 mi-2
£65009/230.28 mi-2
£65009/230.28 mi-2
£65010/240.28 mi-2
£65004/250.28 mi-2
£60001/240.29 mi-2
£65008/240.29 miInkerman Street, Bacup2
£60007/240.29 mi-2
£67506/240.31 miInkerman Street, Bacup2
£79508/240.31 miALMA STREET, Bacup, Rossendale OL13 9JA2
£85008/240.31 miALMA STREET, Bacup, Rossendale OL13 9JA2
£85008/240.31 miALMA STREET, Bacup, Rossendale OL13 9JA2
£85009/240.31 miALMA STREET, Bacup, Rossendale OL13 9JA2
£70001/250.36 mi-2
£70001/250.36 mi-2
£67504/250.43 mi-2
£67508/240.47 miRockcliffe Road, Bacup2
£65004/250.53 mi-2
£70002/240.56 mi-2
£72507/240.59 miBlackthorn Terrace, Bacup, Lancashire, OL132
£55006/240.59 miAlbert Terrace, Bacup, OL132
£55006/240.6 mi-2
£50006/240.61 mi-2
£67503/250.62 mi-2

Local Area Statistics

Population in OL13

15,293

Town centre distance

0.63 miles away

Nearest school

0.10 miles away

Nearest train station

3.55 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £115,000

November 22, 2024

Floor Plans

Description

  • Immaculate Semi Detached Property +
  • Two Bedrooms +
  • Three Piece Bathroom +
  • Contemporary Fitted Kitchen +
  • Complete Blank Canvas +
  • Perfect First Home +
  • Low Maintenance Garden to Rear +
  • Tenure TBC +
  • Council Tax Band B +
  • EPC Rating TBC +

A GREAT OPPORTUNITY!

Nestled on Pennine Road in Bacup, this delightful two-bedroom property exudes charm and warmth, creating a welcoming atmosphere that is perfect for comfortable living. Whether you're a first-time buyer looking for a cosy abode to call your own or an investor seeking a practical property, this house ticks all the boxes.

As you step inside, you'll be greeted by a reception room that radiates a homely feel, providing the ideal space to unwind after a long day or to host gatherings with friends and family. The functional kitchen is cleverly designed to make the most of the available space, offering everything you need to whip up delicious meals.

Conveniently located near local amenities and transport links, this property not only offers a comfortable living space but also the ease of access to everything you might need. Whether you're popping out for groceries or commuting to work, this house's location adds to its appeal as a first home or a savvy investment opportunity.

Don't miss out on the chance to make this house your own and experience the joys of living in a cosy and practical space in the heart of Bacup.

Ground Floor -

Entrance Hall - UPVC front door, door to reception room and stairs to first floor.

Reception Room - 3.66m x 3.20m (12'0 x 10'6) - UPVC double glazed window, central heating radiator, television point and door to kitchen.

Kitchen - 3.15m x 2.49m (10'4 x 8'2) - UPVC double glazed window, central heating radiator, range of wall and base units with laminate worktops, integrated oven with four ring gas hob and extractor hood, stainless steel sink and drainer with mixer tap, tiled upstands, space for fridge freezer, plumbing for washing machine, wall mounted combi boiler, smoke detector, wood effect laminate flooring, door to WC and door to rear.

Wc - 1.75m x 0.84m (5'9 x 2'9) - UPVC double glazed frosted window, central heating radiator, dual flush WC, vanity top wash basin with mixer tap and wood effect laminate flooring.

First Floor -

Landing - Loft hatch, doors to two bedrooms and bathroom.

Bedroom One - 3.66m x 3.00m (12'0 x 9'10) - UPVC double glazed window, central heating radiator and door to over stairs storage.

Bedroom Two - 2.72m x 2.72m (8'11 x 8'11) - UPVC double glazed window and central heating radiator.

Bathroom - 1.93m x 1.68m (6'4 x 5'6 ) - UPVC double glazed frosted window, dual heated radiator, pedestal wash basin with mixer tap, dual flush WC, panel bath with mixer tap, extractor fan, partially tiled elevations and laminate flooring.

External -

Rear - Paved yard.

Front - Laid to lawn and paving.

Agent Details

Keenans Estate Agents, Rawtenstall

01706 335861

Next Steps?

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