3 Bed Terraced House, Single Let, Accrington, BB5 3NE, £90,000

90, Foxhill Terrace, Oswaldtwistle, UK - 2 months ago

Sold STC
Leasehold
BTL
ROI: 9%
~93 m²
+17 photos

ValuationUndervalued

Sold Prices£30K - £242.5K
Sold Prices/m²£334/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£968/m²

Value Estimate

£112,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Total Cash In

£26,400

 

 

Cash Out

 

Rent Range

£595 - £1,220

Rent Estimate

£625

Running Costs/mo

£426

Cashflow/mo

£199

Cashflow/yr

£2,385

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £30K to £242.5K, average is £145K. £334/m² to £2.9K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£145K11/210.24 mi59, Rhyddings Street, Oswaldtwistle, Accrington, Lancashire BB5 3ER3
£179.9K11/210.26 mi19, Apple Tree Way, Oswaldtwistle, Accrington, Lancashire BB5 0FB3
£128.5K04/210.27 mi48, Catlow Hall Street, Oswaldtwistle, Accrington, Lancashire BB5 3EZ3
£146K02/230.3 mi3, Charles Street, Oswaldtwistle, Accrington, Lancashire BB5 3EX3
£168K05/210.31 mi1, Blossom Avenue, Oswaldtwistle, Accrington, Lancashire BB5 0FD3
£160K03/210.33 mi16, Mayfield Avenue, Oswaldtwistle, Accrington, Lancashire BB5 3AA3
£130K06/210.36 mi10, Hornby Street, Oswaldtwistle, Accrington, Lancashire BB5 3AG3
£170K08/210.36 mi54, Hornby Street, Oswaldtwistle, Accrington, Lancashire BB5 3AG3
£165K11/210.37 mi39, Park Lane, Oswaldtwistle, Accrington, Lancashire BB5 3AF3
£160K03/210.37 mi57, Park Lane, Oswaldtwistle, Accrington, Lancashire BB5 3AF3
£142K02/210.37 mi51, Abbeydale Way, Accrington, Lancashire BB5 0EN3
£158K03/210.37 mi24, Abbeydale Way, Accrington, Lancashire BB5 0EN3
£125K05/210.37 mi47, Abbeydale Way, Accrington, Lancashire BB5 0EN3
£61K06/230.4 mi9, Spring Street, Accrington, Lancashire BB5 0HE3
£85K04/230.4 mi27, Spring Street, Accrington, Lancashire BB5 0HE3
£67K06/230.41 mi25, Edleston Street, Accrington, Lancashire BB5 0HG3
£55K11/210.42 mi71, Lonsdale Street, Accrington, Lancashire BB5 0HJ3
£95K10/210.42 mi65, Lonsdale Street, Accrington, Lancashire BB5 0HJ3
£98K08/210.42 mi44, Wordsworth Close, Oswaldtwistle, Accrington, Lancashire BB5 4QP3
£79.5K03/210.44 mi30, Fairfield Street, Accrington, Lancashire BB5 0LD3
£82K02/210.44 mi54, Fairfield Street, Accrington, Lancashire BB5 0LD3
£70K03/210.44 mi299, Union Road, Oswaldtwistle, Accrington, Lancashire BB5 3HS3
£84K11/200.47 mi1, Falcon Terrace, Oswaldtwistle, Accrington, Lancashire BB5 3BY3
£170K05/210.47 mi33, Thwaites Road, Oswaldtwistle, Accrington, Lancashire BB5 4QT3
£179.9K03/210.48 mi53, Laburnum Drive, Oswaldtwistle, Accrington, Lancashire BB5 3AW3
£179.9K10/200.48 mi22, Laburnum Drive, Oswaldtwistle, Accrington, Lancashire BB5 3AW3
£185K01/230.5 mi8, Brecon Avenue, Oswaldtwistle, Accrington, Lancashire BB5 4QS3
£163K10/210.51 mi12, Dudley Avenue, Oswaldtwistle, Accrington, Lancashire BB5 4NU3
£115K12/200.51 mi9, Dudley Avenue, Oswaldtwistle, Accrington, Lancashire BB5 4NU3
£155K06/230.52 mi23, Edinburgh Drive, Oswaldtwistle, Accrington, Lancashire BB5 3AR3
£172K12/220.52 mi24, Laburnum Drive, Oswaldtwistle, Accrington, Lancashire BB5 3AW3
£98K04/210.52 mi10, Plant Street, Oswaldtwistle, Accrington, Lancashire BB5 3JN3
£171.5K05/230.54 mi20, Banbury Avenue, Oswaldtwistle, Accrington, Lancashire BB5 4NP3
£172K05/230.55 mi3, Cardigan Avenue, Oswaldtwistle, Accrington, Lancashire BB5 4QL3
£149.9K09/210.56 mi71, Aspen Lane, Oswaldtwistle, Accrington, Lancashire BB5 4NN3
£110K06/210.57 mi38, Stanley Street, Oswaldtwistle, Accrington, Lancashire BB5 3PZ3
£136.5K05/230.57 mi1, Ripon Road, Oswaldtwistle, Accrington, Lancashire BB5 4NG3
£172.5K02/210.59 mi31, Norman Road, Oswaldtwistle, Accrington, Lancashire BB5 4NF3
£150K11/200.59 mi27, Norman Road, Oswaldtwistle, Accrington, Lancashire BB5 4NF3
£145K04/230.59 mi5, Bedford Close, Oswaldtwistle, Accrington, Lancashire BB5 4QN3
£185K11/200.61 mi3, Durham Drive, Oswaldtwistle, Accrington, Lancashire BB5 3AT3
£88K02/210.61 mi215, Richmond Road, Accrington, Lancashire BB5 0JB3
£92K05/210.62 mi21, Stevenson Street East, Accrington, Lancashire BB5 0SB3
£145K02/210.62 mi1, Anglian Close, Oswaldtwistle, Accrington, Lancashire BB5 4ND3
£242.5K03/230.62 mi19, Three Brooks Way, Oswaldtwistle, Accrington, Lancashire BB5 3QZ3
£135K01/210.62 mi44, Harlech Drive, Oswaldtwistle, Accrington, Lancashire BB5 4QW3
£165K11/200.64 mi36, Hargreaves Road, Oswaldtwistle, Accrington, Lancashire BB5 4RN3
£185K08/210.65 mi3, Barnard Close, Oswaldtwistle, Accrington, Lancashire BB5 4PX3
£30K02/210.66 mi13, York Street, Church, Accrington, Lancashire BB5 4JJ3
£75K05/210.66 mi64, York Street, Church, Accrington, Lancashire BB5 4JJ3

Local Rents

21 rents from £595/mo to £1.2K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£79512/240.14 miMeadow Court, Oswaldtwistle, Accrington, BB53
£79512/240.14 mi-3
£72512/240.3 mi-3
£69512/240.36 miHornby Street, Oswaldtwistle, Accrington, Lancashire, BB53
£75012/240.38 mi-3
£62501/250.42 mi-3
£80012/240.43 mi-3
£75012/240.49 miExchange Street, BB53
£85012/240.53 mi-3
£59512/240.63 miSlaidburn Drive, Accrington, BB53
£75012/240.65 mi-3
£70012/240.66 miBlackburn Road, Oswaldtwistle, Accrington, BB5 3
£65012/240.68 miChester St, Accrington, BB53
£65012/240.68 mi-3
£65012/240.7 mi-3
£69512/240.76 miDunnyshop Avenue, Accrington, Lancashire, BB53
£1,05012/240.97 miWillows Park, Accrington, BB53
£1,05012/240.97 miWillows Park, Accrington, BB53
£1,05012/241.01 miWillows Park, Accrington, BB53
£1,22012/241.01 miWillows Park, Accrington, BB53
£65002/251.09 mi-3

Local Area Statistics

Population in BB5

61,415

Town centre distance

1.48 miles away

Nearest school

0.20 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £90,000

February 5, 2025

Floor Plans

Description

  • Stone-Built End-Terraced Property +
  • Within a Short Stroll of Local Shops & Amenities +
  • Quiet & Tucked Away Position with Pedestrianised Frontage +
  • Open Frontal Aspect Over Foxhill Bank Nature Reserve & Reservoir +
  • Two Generous Reception Rooms +
  • Three First Floor Bedrooms +
  • Flexible Detached Annex with Shower Room/WC +
  • In Need of Refurbishment but Offering Excellent Investment Potential +
  • Available with No Onward Chain +

If a convenient location is top of one’s criteria, then this stone-built end-terraced property will score very highly indeed, situated in an extremely central location, just off Union Road, and a mere moment’s stroll from the abundance of shops, amenities and public transport links available within the bustling centre of Oswaldtwistle. Despite its superb accessibility, which include swift links to the motorway network, the property actually enjoys a wonderfully quiet and tucked away position, with the frontage only accessible for pedestrians and overlooking, as its address suggests, the beautiful Foxhill Bank Nature Reserve and Reservoir, affording a delightful open aspect and a real feeling of peace and tranquillity.

The property has been vacant for an extended period of time and is in need of a comprehensive programme of refurbishment, however an abundance of exciting investment potential exists, whether it be for a private owner to create a home to their individual specification, infusing their own sense of taste and style or, given the accessibility of the location and obvious appeal from the rental market, a buy-to-let investor, who may wish to refurbish this blank canvas and add this home to their portfolio.

The accommodation itself enjoys a well laid-out floorplan, with traditional features and pleasingly spacious living areas which extend to in excess of 1,110 square feet in total. One enters the accommodation via the entrance porch and proceeds into the reception hallway with its staircase to the first floor, before discovering the two separate reception rooms, a 12’ front-facing lounge complete with feature fireplace, and a wonderfully spacious 16’ sitting room with an aspect onto the side elevation. The 15’ kitchen/diner is situated within an extension and overlooks the rear.

Up on the first floor, one will discover the three bedrooms – a spacious 16’ double bedroom to the front, with a beautiful view over the nature reserve, and two evenly sized singles to the rear. The bathroom completes the accommodation, being fitted with a three-piece suite in white, comprising of WC, pedestal wash hand basin and panelled bath.

The property benefits from uPVC double glazing throughout and gas central heating, with a modern combination boiler.

Externally, the property is garden-fronted, with a small, enclosed courtyard to the rear. The addition of a detached outbuilding is a most welcome surprise, measuring approximately 96 square feet and affording wonderful flexibility of use, whether it be a workspace, leisure or hobby room, and benefitting from its own useful three-piece shower room/WC.

Offered with the benefit of no onward chain, we would highly recommend an early viewing appointment to appreciate the full potential of this characterful home.

- Tenure: Leasehold
- Lease Term: 999 years from 1st November, 1908
- Years Remaining on Lease: 883
- Ground Rent Payable: £12.00 p.a.
- Council Tax: Band A

Agent Details

Redpath Leach Estate Agents, Bolton

01204 952845

Next Steps?

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