3 Bed Terraced House, Refurb/BRRR, Rossendale, BB4 8QL, £130,000

Burnley Road, Loveclough, Rossendale, Lancashire, BB4 8QL - 1 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²

ValuationFair Value

Sold Prices£105K - £376K
Sold Prices/m²£1.2K/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£130,000

 

 

End Value (After Refurb)

£213,169

Uplift in Value

+64%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£39,427

Bridging Loan Interest

£3,413

Total Cash In

£82,190

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£213,169

Agent Fees (1%)

£2,132

Bridging Loan

£97,500

Bridging Loan Interest

£3,413

Flip Profit

£31,347

Local Sold Prices

26 sold prices from £105K to £376K, average is £207.5K. £1.2K/m² to £3.7K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£210K09/210.04 mi849, Burnley Road, Loveclough, Rossendale, Lancashire BB4 8QL3
£205K03/210.11 mi16, Pasturelands, Loveclough, Rossendale, Lancashire BB4 8FD3
£230K05/210.13 mi4, Middlegate Green, Rossendale, Lancashire BB4 8PY3
£223K12/220.13 mi19, Crofters Bank, Loveclough, Rossendale, Lancashire BB4 8FH3
£376K03/230.14 miBirkrigg, Goodshawfold Road, Rossendale, Lancashire BB4 8QN3
£245K11/200.16 mi12, Rushmoor Close, Loveclough, Rossendale, Lancashire BB4 8FL3
£255K03/210.16 mi9, Rushmoor Close, Loveclough, Rossendale, Lancashire BB4 8FL3
£261.5K09/210.16 mi14, Greenfold Drive, Loveclough, Rossendale, Lancashire BB4 8RN3
£150K12/200.18 mi5, Ullswater Way, Loveclough, Rossendale, Lancashire BB4 8QD3
£105K03/230.2 mi14, Hempshaw Avenue, Loveclough, Rossendale, Lancashire BB4 8RW3
£220K09/210.21 mi10, Goodshaw Avenue, Crawshawbooth, Rossendale, Lancashire BB4 8BY3
£181K06/210.21 mi4, Goodshaw Avenue, Crawshawbooth, Rossendale, Lancashire BB4 8BY3
£200K09/210.21 mi27, Hameldon Road, Loveclough, Rossendale, Lancashire BB4 8RL3
£237.5K07/230.24 mi8, Compston Avenue, Crawshawbooth, Rossendale, Lancashire BB4 8BZ3
£182K12/200.24 mi1, Compston Avenue, Crawshawbooth, Rossendale, Lancashire BB4 8BZ3
£227.9K06/230.24 mi3, Compston Avenue, Crawshawbooth, Rossendale, Lancashire BB4 8BZ3
£152.5K07/210.27 mi2, Laburnum Cottages, Crawshawbooth, Rossendale, Lancashire BB4 8DA3
£135.5K05/230.3 mi773, Burnley Road, Rossendale, Lancashire BB4 8BW3
£165K08/210.43 mi14, Commercial Street, Loveclough, Rossendale, Lancashire BB4 8QX3
£198K05/230.53 mi715, Burnley Road, Rossendale, Lancashire BB4 8AN3
£177.5K04/230.53 mi733, Burnley Road, Rossendale, Lancashire BB4 8AN3
£165K11/210.64 mi3, Adelaide Street, Crawshawbooth, Rossendale, Lancashire BB4 8PW3
£287.5K09/210.71 mi11, Saunders Close, Crawshawbooth, Rossendale, Lancashire BB4 8LS3
£230K08/210.75 mi6, Bonfire Hill Close, Crawshawbooth, Rossendale, Lancashire BB4 8PP3
£135K12/200.76 mi24, York Street, Crawshawbooth, Rossendale, Lancashire BB4 8NL3
£230K03/230.76 mi2, York Street, Crawshawbooth, Rossendale, Lancashire BB4 8NL3

Local Rents

50 rents from £495/mo to £3K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£1,65002/250.02 mi-4
£2,05003/250.04 mi-4
£1,75003/240.05 mi-4
£1,65003/250.05 mi-4
£1,75012/240.05 miGoodshawfold Road, Rossendale, BB44
£80012/240.12 mi99 Goodshaw Avenue North, Loveclough2
£75012/240.32 miChapel Street, Crawshawbooth, Rossendale, Lancashire, BB42
£82512/240.35 miBurnley Road, Rawtenstall, BB42
£99502/240.36 mi-3
£99512/240.36 miSchool Street, Rossendale, BB43
£3,00012/240.53 miWoodside, Crawshawbooth, Rossendale, BB4 8AY5
£79502/250.66 mi-2
£72503/250.69 mi-2
£1,20012/240.77 mi-2
£2,00012/241.17 miSunnyside Close, Reedsholme, Rossendale5
£65012/241.29 miEast Street, Rawtenstall3
£95001/251.56 mi-2
£1,10002/251.56 mi-2
£1,00012/241.56 miBurnley Road, Rawtenstall, BB43
£1,50012/241.61 mi-3
£1,50012/241.61 miMitton Avenue, Rossendale, BB43
£67512/241.78 miShaw Street, Acre, Rossendale, BB42
£70012/241.86 miClough Gardens, Haslingden, Rossendale2
£49512/241.9 mi-1
£49512/241.9 miSt. James Row, Rawtenstall, BB41
£49512/241.9 miSt. James Row, Rawtenstall, BB41
£69512/241.9 miBurnley Road East, Water, Rossendale2
£55011/231.9 mi-1
£55009/241.9 mi-1
£69512/241.94 miHoyle Street, Rising Bridge, Accrington, Lancashire, BB52
£80003/241.96 mi-2
£67512/242 miBlackburn Road, Haslingden, Rossendale2
£75003/252.08 mi-2
£95001/242.12 mi-2
£58010/232.12 mi-4
£69512/242.13 miSouth Street, Rawtenstall, Rossendale, Lancashire, BB42
£72501/252.14 mi-2
£80009/242.18 mi-3
£1,20012/242.25 miBlackburn Road, Haslingden, Rossendale, Lancashire, BB44
£82512/232.25 mi-3
£85006/242.25 mi-3
£69512/242.26 miKay Street, Rossendale2
£92508/232.29 mi-2
£85012/242.31 miQueens Apartments, 1 Bank Street, Rawtenstall, BB42
£70007/242.33 mi-4
£82507/232.34 mi-2
£95011/232.34 mi-2
£1,20006/242.34 mi-2
£1,00012/242.34 mi-2
£1,20012/242.34 mi-2

Local Area Statistics

Population in BB4

41,137

Town centre distance

3.47 miles away

Nearest school

0.40 miles away

Nearest train station

3.50 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £130,000

January 14, 2025

Description

  • Extended three bedroomed mid terrace +
  • Modernisation required +
  • Potential to add value +
  • Desirable location +
  • Cellar +
  • Views to rear +
  • Unrestricted on road parking +
  • Close to amenities +
  • Good transport links +
  • Had your first time purchase or landlord property +

Preliminary Announcement

Modernisation required, ideal first time buy or invest a landlord property

Discover the potential of this delightful three-bedroom mid-stone terrace, nestled in the picturesque area of Loveclough, Rossendale. This spacious home features an practical entrance vestibule that leads into a generous lounge and dining area, seamlessly flowing into the kitchen—perfect for modern living and entertaining.

On the first floor, you'll find two well-proportioned double bedrooms and a family bathroom, while the second floor boasts a large double bedroom that offers ample space and privacy. With on-road parking available at the front, convenience is at your fingertips.

Step outside to a small enclosed yard, which provides stunning views of the surrounding countryside—ideal for enjoying peaceful evenings or morning coffee.
While the property requires some modernisation, it presents an excellent opportunity for first-time buyers or investors looking to put their personal touch on a charming home.

Please call Reeds Rains Rawtenstall to arrange a viewing

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

RAW250019/2

Agent Details

Reeds Rains, Rawtenstall

01706 335889

Next Steps?

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