2 Bed Terraced House, Single Let, Bacup, OL13 8BH, £85,000

Shepherd Street, Bacup, OL13 8BH - 2 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+9 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£90,166
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,750

Total Cash In

£25,000

 

 

Cash Out

 

Rent Range

£500 - £850

Rent Estimate

£525

Running Costs/mo

£391

Cashflow/mo

£134

Cashflow/yr

£1,613

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £39.5K to £174.5K, average is £85K. £648/m² to £3.5K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£92K03/240.01 mi1, Shepherd Street, Bacup, Lancashire OL13 8BH2
£42K12/200.01 mi11, Shepherd Street, Bacup, Lancashire OL13 8BH2
£72K12/200.01 mi13, Shepherd Street, Bacup, Lancashire OL13 8BH2
£83K12/230.01 mi21, Shepherd Street, Bacup, Lancashire OL13 8BH2
£115K08/230.01 mi3, Shepherd Street, Bacup, Lancashire OL13 8BH2
£85K10/220.02 mi3, Albert Terrace, Bacup, Lancashire OL13 8BJ2
£61K07/210.03 mi1, Albert Terrace, Bacup, Lancashire OL13 8BJ2
£110K01/230.03 mi10, Albert Terrace, Bacup, Lancashire OL13 8BJ2
£85K12/220.06 mi70, Dale Street, Bacup, Lancashire OL13 8BA2
£108K08/220.07 mi14, Daisy Bank, Bacup, Lancashire OL13 8AL2
£80K01/240.07 mi10, Daisy Bank, Bacup, Lancashire OL13 8AL2
£58K05/210.13 mi14, Mill Street, Bacup, Lancashire OL13 8BP2
£90K06/210.14 mi30, Dale Street, Bacup, Lancashire OL13 8AP2
£82.3K07/210.14 mi7, Stanley Mount, Bacup, Lancashire OL13 9DA2
£80K03/210.17 mi30, Blackthorn Lane, Bacup, Lancashire OL13 8EB2
£85K06/210.2 mi3, Rose Street, Bacup, Lancashire OL13 8AR2
£70K12/200.21 mi24, Earnshaw Road, Bacup, Lancashire OL13 9BP2
£73K01/240.23 mi29, Stanley Street, Bacup, Lancashire OL13 8DN2
£97.5K12/220.23 mi2, Gordon Street, Bacup, Lancashire OL13 8DH2
£95K12/230.25 mi17, Plane Street, Bacup, Lancashire OL13 8DW2
£70K04/210.26 mi22, Gordon Street, Bacup, Lancashire OL13 8DH2
£65K12/200.26 mi44, Gordon Street, Bacup, Lancashire OL13 8DH2
£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
£80K11/200.33 mi17, Thorn Street, Bacup, Lancashire OL13 9JG2
£97.5K12/220.36 mi6, Industrial Street, Bacup, Lancashire OL13 9JJ2
£92.5K06/220.36 mi4, Myrtle Cottages, Bacup, Lancashire OL13 9JU2
£170K09/220.36 mi22, Windermere Road, Bacup, Lancashire OL13 9DN2
£131K03/210.38 mi27, Bankside Lane, Bacup, Lancashire OL13 8HJ2
£174.5K10/230.38 mi25, Bankside Lane, Bacup, Lancashire OL13 8HJ2
£156K10/210.39 mi55, Windermere Road, Bacup, Lancashire OL13 9DN2
£155K12/210.39 mi22, Windermere Road, Bacup, Lancashire OL13 9DN2
£97K03/210.4 mi15, Central View, Bacup, Lancashire OL13 9JX2
£97K12/230.4 mi13, Beech Street, Bacup, Lancashire OL13 9DR2
£84K11/220.43 mi4, Ashworth Street, Bacup, Lancashire OL13 9LS2
£84K12/200.43 mi17, Zion Street, Bacup, Lancashire OL13 9LT2
£85K09/210.47 mi12, Riley Street, Bacup, Lancashire OL13 8PG2
£105K04/230.47 mi13, Riley Street, Bacup, Lancashire OL13 8PG2
£82.5K07/230.47 mi3, Riley Street, Bacup, Lancashire OL13 8PG2
£95K10/200.47 mi18, Riley Street, Bacup, Lancashire OL13 8PG2
£127K02/230.48 mi9, Pendle Close, Bacup, Lancashire OL13 9JT2
£60K04/240.48 mi7, Pendle Close, Bacup, Lancashire OL13 9JT2
£160K02/230.5 mi8, Clough Road, Bacup, Lancashire OL13 9LP2
£80K04/210.51 mi9, Edward Street, Bacup, Lancashire OL13 9EW2
£65K12/200.53 mi98, Market Street, Bacup, Lancashire OL13 0AY2
£140K09/230.53 mi98, Market Street, Bacup, Lancashire OL13 0AY2
£65.1K12/200.57 mi92, Pennine Road, Bacup, Lancashire OL13 9PH2
£143K01/210.57 mi41, Rockcliffe Road, Bacup, Lancashire OL13 9QG2

Local Rents

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

RentDateDistanceAddressBeds 
£55006/240.03 miAlbert Terrace, Bacup, OL132
£55006/240.04 mi-2
£65011/240.1 mi-2
£67504/250.17 mi-2
£80008/240.18 miBrown Street, Bacup2
£67503/250.21 mi-2
£72507/240.21 miBlackthorn Terrace, Bacup, Lancashire, OL132
£50006/240.25 mi-2
£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
£67506/240.31 miInkerman Street, Bacup2
£70002/250.32 mi-2
£70002/250.32 mi-2
£60007/240.32 mi-2
£60001/240.32 mi-2
£65010/240.32 mi-2
£65004/250.32 mi-2
£65008/240.32 miInkerman Street, Bacup2
£65003/250.33 mi-2
£80010/240.37 mi-2
£62512/240.4 mi-2
£67508/240.54 miRockcliffe Road, Bacup2
£70002/240.6 mi-2

Local Area Statistics

Population in OL13

15,293

Town centre distance

0.57 miles away

Nearest school

0.40 miles away

Nearest train station

4.12 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £85,000

December 23, 2024

Sold for £21,000

2003

Sold for £10,750

1995

Floor Plans

Description

  • Mid Terrace Property +
  • Two Bedrooms +
  • Three Piece Bathroom Suite +
  • Fitted Kitchen +
  • Ideal Rental Investment +
  • Enclosed Yard to Rear +
  • On Street Parking +
  • Tenure Leasehold +
  • Council Tax Band A +
  • EPC Rating TBC +

SPACIOUS MID TERRACE HOME

Situated on Shepherd Street, Bacup, this spacious terraced home offers a perfect blend of comfort and convenience. Located on a quiet close, the property provides a peaceful retreat from the hustle and bustle of everyday life, making it an ideal choice for families or individuals seeking a serene living environment.

The generous layout of the house ensures ample space for relaxation and entertaining, with well-proportioned rooms that can easily adapt to your lifestyle. Natural light floods through the windows, creating a warm and inviting atmosphere throughout the home.

In addition to its spacious interiors, this property is conveniently situated close to local amenities. Residents will find a variety of shops, schools, and recreational facilities just a short distance away, ensuring that all your daily needs are easily met.

This charming terraced home on Shepherd Street is not just a place to live; it is a wonderful opportunity to create lasting memories in a community-oriented neighbourhood. Whether you are a first-time buyer or looking to settle down in a peaceful area, this property is well worth considering. Don't miss the chance to make this delightful house your new home.

Ground Floor -

Reception Room - 4.27m x 4.27m (14'0 x 14'0) - UPVC front door, UPVC double glazed window, central heating radiator, wall mounted electric fire, wood effect laminate flooring and door to kitchen.

Kitchen - 4.27m x 2.44m (14'0 x 8'0) - UPVC double glazed window, central heating radiator, range of wall and base units with laminate worktops, tiled splashback, composite one and a half bowl sink and drainer with mixer tap, integrated oven with four ring gas hob and extractor hood, space for fridge freezer, plumbing for washing machine, wood effect aminate flooring, stairs to first floor and UPVC door to rear.

First Floor -

Landing - 1.83m x 1.73m (6'0 x 5'8) - Doors to two bedrooms, bathroom and storage cupboard.

Bedroom One - 3.53m x 2.95m (11'7 x 9'8) - UPVC double glazed window and central heating radiator.

Bedroom Two - 3.68m x 2.57m (12'1 x 8'5) - UPVC double glazed window, central heating radiator and loft access.

Bathroom - 2.77m x 1.73m (9'1 x 5'8) - UPVC double glazed frosted window, central heating radiator, pedestal wash basin with mixer tap, dual flush WC, panel bath with traditional taps and overhead electric feed shower, tiled elevations, extractor fan and wood effect laminate flooring.

External -

Rear - Enclosed paved yard with gate to shared access.

Agent Details

Keenans Estate Agents, Rawtenstall

01706 335861

Next Steps?

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