3 Bed Semi-Detached House, Single Let, Bacup, OL13 9DD, £120,000

Walnut Street, Bacup, Rossendale, OL13 9DD - 2 views - 3 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 4%
~93 m²
+25 photos

ValuationUndervalued

Sold Prices£75K - £270K
Sold Prices/m²£711/m² - £2.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£131,760
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,440

Total Cash In

£34,440

 

 

Cash Out

 

Rent Range

£575 - £950

Rent Estimate

£575

Running Costs/mo

£510

Cashflow/mo

£65

Cashflow/yr

£780

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £75K to £270K, average is £130.8K. £711/m² to £2.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£100K11/210.02 mi7, Walnut Street, Bacup, Lancashire OL13 9DD3
£107.3K10/230.02 mi3, Walnut Street, Bacup, Lancashire OL13 9DD3
£135K10/230.02 mi16, Walnut Street, Bacup, Lancashire OL13 9DD3
£131K09/230.02 mi7, Croft Street, Bacup, Lancashire OL13 9DB3
£118K06/230.02 mi25, Greensnook Lane, Bacup, Lancashire OL13 9DF3
£121K12/230.02 mi15, Greensnook Lane, Bacup, Lancashire OL13 9DF3
£97K12/210.04 mi14, Clover Street, Bacup, Lancashire OL13 9DE3
£110K02/210.04 mi6, Clover Street, Bacup, Lancashire OL13 9DE3
£110K12/230.05 mi4, Stanley Mount, Bacup, Lancashire OL13 9DA3
£240K07/220.1 mi10, Greensnook Lane, Bacup, Lancashire OL13 9DQ3
£157K11/200.11 mi1, Waterside Terrace, Bacup, Lancashire OL13 9BX3
£83K06/210.16 mi9, Mowgrain View, Bacup, Lancashire OL13 8EJ3
£170K05/220.17 mi14, Pendle Avenue, Bacup, Lancashire OL13 9DW3
£100K10/220.17 mi13, Blackthorn Lane, Bacup, Lancashire OL13 8EB3
£116K03/230.2 mi2, Albert Terrace, Bacup, Lancashire OL13 8BJ3
£117.5K10/210.2 mi15, Ash Street, Bacup, Lancashire OL13 8AJ3
£77.5K12/200.21 mi2, Crimea Street, Bacup, Lancashire OL13 9JF3
£150.5K11/220.23 mi1, Thorn Gardens, Bacup, Lancashire OL13 9LE3
£77.5K08/210.23 mi13, Thorn Street, Bacup, Lancashire OL13 9JG3
£225K11/200.24 mi21, Windermere Road, Bacup, Lancashire OL13 9DN3
£130K01/210.27 mi4, Beech Close, Bacup, Lancashire OL13 9DS3
£105K04/210.27 mi11, Gordon Street, Bacup, Lancashire OL13 8DH3
£130.5K04/210.28 mi31, Gordon Street, Bacup, Lancashire OL13 8DH3
£120K06/220.3 mi70, Rosendale Crescent, Bacup, Lancashire OL13 9LN3
£170K02/230.32 mi27, Moorside Crescent, Bacup, Lancashire OL13 9HY3
£132.5K01/230.32 mi64, Tong Lane, Bacup, Lancashire OL13 9LH3
£129K11/230.33 mi9, Greave Clough Close, Bacup, Lancashire OL13 9HS3
£135K03/240.33 mi11, Greave Clough Close, Bacup, Lancashire OL13 9HS3
£135K02/240.33 mi7, Greave Clough Close, Bacup, Lancashire OL13 9HS3
£167K01/230.33 mi20, Pendle Close, Bacup, Lancashire OL13 9JT3
£182.5K03/210.35 mi5, Greave Terrace, Bacup, Lancashire OL13 9HL3
£100K06/220.35 mi6, Britannia Avenue, Bacup, Lancashire OL13 9JS3
£109K01/210.38 mi32, Rosendale Crescent, Bacup, Lancashire OL13 9LN3
£135K03/230.38 mi6, Rosendale Crescent, Bacup, Lancashire OL13 9LN3
£106K12/200.39 mi1, Greave Clough Drive, Bacup, Lancashire OL13 9HP3
£86.5K08/210.39 mi74, Rochdale Road, Bacup, Lancashire OL13 9NR3
£270K06/210.46 mi1, Coal Pit Lane, Bacup, Lancashire OL13 9HA3
£201K05/230.49 mi18, Oakenclough Road, Bacup, Lancashire OL13 9ET3
£175K01/210.49 mi18, Oakenclough Road, Bacup, Lancashire OL13 9ET3
£245K03/240.49 mi9, The Square, Bacup, Lancashire OL13 8HR3
£195K07/220.5 mi5, Goldcrest Avenue, Bacup, Lancashire OL13 9PA3
£195K10/230.51 mi12, Goldcrest Avenue, Bacup, Lancashire OL13 9PA3
£174.2K10/220.54 mi84, Bankside Lane, Bacup, Lancashire OL13 8HP3
£202K09/210.55 mi2, Hawfinch Close, Bacup, Lancashire OL13 9PT3
£187.5K06/220.55 mi8, Goldcrest Avenue, Bacup, Lancashire OL13 9PA3
£85K07/210.59 mi13, Verax Street, Bacup, Lancashire OL13 9QT3
£75K01/210.59 mi19, Verax Street, Bacup, Lancashire OL13 9QT3
£175K03/210.6 mi67, Fieldfare Way, Bacup, Lancashire OL13 9PP3
£160K05/210.6 mi8, Green Hill, Bacup, Lancashire OL13 9NY3
£115K07/210.61 mi177, Pennine Road, Bacup, Lancashire OL13 9PZ3

Local Rents

22 rents from £575/mo to £950/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£85001/240.07 mi-3
£85003/250.18 mi-3
£70003/250.19 mi-3
£85011/240.2 mi-3
£80002/240.23 mi-3
£72506/240.23 miRosehill Street, Bacup, OL133
£72507/240.23 mi-3
£60010/230.24 mi-3
£60010/230.24 mi-3
£77508/240.24 miChrist Church Street, Bacup, OL133
£57501/240.24 mi-3
£80006/240.25 miAcorn Street, Bacup, OL133
£77506/240.25 mi-3
£70004/240.25 mi-3
£59503/250.27 mi-3
£95002/240.28 mi-3
£95009/240.28 mi-3
£82512/240.53 mi-3
£75007/240.55 miBold Street, Bacup3
£75009/240.57 mi-3
£85007/240.58 miPembroke Street, Bacup, OL133
£85008/240.58 mi-3

Local Area Statistics

Population in OL13

15,293

Town centre distance

0.47 miles away

Nearest school

0.30 miles away

Nearest train station

3.93 miles away

 

 

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Price changed to £120,000

April 1, 2025

Price changed to £113,000

February 8, 2025

Listed for £108,000

February 4, 2025

Floor Plans

Description

  • AUCTION PROPERTY +
  • 3 BED SEMI DETACHED FAMILY HOME +
  • LOCATED IN THE SEMI RURAL AREA OF BACUP +
  • PARTIAL COUNTRYSIDE VIEWS +
  • REAR GARDEN & BRICK BUILT STORAGE SHED +
  • COUNCIL TAX BAND A +
  • SOME REMEDIAL WORKS DONE +
  • RENOVATION NEEDED +

* FOR SALE BY MODERN METHOD OF AUCTION: *

*** This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

____________

THIS 3 BED SEMI DETACHED PROPERTY WITH GARDEN AND PARTIAL COUNTRYSIDE VIEWS IS ON THE MARKET IN BACUP, ROSSENDALE. GOOD SIZED ROOMS THROUGHOUT. ALTHOUGH THE PROPERTY DOES REQUIRE WORK, IT HAS A LOT OF POTENTIAL.

The property features a large lounge with windows at each end, a hallway with under stair storage, a galley style kitchen with extension. To the first floor you have 2 double bedrooms and a single box room and family 3 piece bathroom.

The property has had some work completed already such as some plastering, roof repairs, and some rooms have been painted.

This property is close to local amenities and schools, and has countryside walks from your doorstep. Bacup cricket club is close by.

GROUND FLOOR

ENTRANCE HALL - 3.2m x 1.6m

LOUNGE - 5.6m x 3.3m

KITCHEN - 4.8m x 1.8m extending to 3.0m

FIRST FLOOR

MASTER BEDROOM - 3.3m x 2.7m

BEDROOM 2 - 3.1m x 2.7m

BEDROOM 3 - 1.8m x 1.2m

FAMILY BATHROOM - 1.8m x 1.6m

EXTERNALLY
Rear enclosed garden, old brick built coal shed, parking to the front of the property on road.

COUNCIL TAX
Band A - Rossendale Borough Council.

TENURE
Leasehold

PLEASE NOTE
All measurements are approximate to the nearest 0.1m and for guidance only and they should not be relied upon for the fitting of carpets or the placement of furniture. No checks have been made on any fixtures and fittings or services where connected (water, electricity, gas, drainage, heating appliances or any other electrical or mechanical equipment in this property

Agent Details

Coppenwall, Rossendale

01706 335888

Next Steps?

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