3 Bed Detached House, Refurb/BRRR, Rossendale, BB4 6HZ, £385,000

Holmeswood Park, Rawtenstall, Rossendale, BB4 6HZ - 1 views - a month ago

Sold STC
Refurb/BRRR
~93 m²
+35 photos

ValuationOvervalued

Sold Prices£97.5K - £477K
Sold Prices/m²£1.1K/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£4.1K/m²

Value Estimate

£195,015

 

 

End Value (After Refurb)

£378,125

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£96,250

Stamp Duty & Legal Fees

£27,200

Refurb Costs

£39,427

Bridging Loan Interest

£10,106

Total Cash In

£174,733

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£378,125

Mortgage (After Refinance)

£283,594

Mortgage LTV

75%

Cash Left In

£174,733

Equity

£94,531

Rent Range

£450 - £1,300

Rent Estimate

£815

Running Costs/mo

£1,365

Cashflow/mo

£-550

Cashflow/yr

£-6,596

Gross Yield

3%

Local Sold Prices

50 sold prices from £97.5K to £477K, average is £219.3K. £1.1K/m² to £3.7K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£417.5K01/230.16 mi6, Lower Clowes, Rawtenstall, Rossendale, Lancashire BB4 6EN3
£287.5K10/210.19 mi231, Bury Road, Rawtenstall, Rossendale, Lancashire BB4 6DJ3
£297.5K04/210.19 mi235, Bury Road, Rawtenstall, Rossendale, Greater Manchester BB4 6DJ3
£175K12/200.19 mi14, Almond Crescent, Rossendale, Lancashire BB4 6EB3
£250K08/210.26 mi3, Horncliffe Close, Rawtenstall, Rossendale, Lancashire BB4 6EE3
£365K03/210.26 mi21, Horncliffe Close, Rawtenstall, Rossendale, Lancashire BB4 6EE3
£236K12/220.26 mi5, Horncliffe Close, Rawtenstall, Rossendale, Lancashire BB4 6EE3
£210K06/230.38 mi259, Haslingden Road, Rawtenstall, Rossendale, Lancashire BB4 6RX3
£123K08/210.39 mi113, Fallbarn Crescent, Rawtenstall, Rossendale, Lancashire BB4 6BQ3
£250K02/230.4 mi4, Carr Mount, Rossendale, Lancashire BB4 6DF3
£266.5K02/230.41 mi5, Langdale Avenue, Rawtenstall, Rossendale, Lancashire BB4 6RZ3
£155.5K09/210.45 mi138, Hardman Avenue, Rawtenstall, Rossendale, Lancashire BB4 6BL3
£179.9K04/210.45 mi9, Egypt Mount, Rawtenstall, Rossendale, Lancashire BB4 6SQ3
£97.5K01/230.45 mi11, Carr Lane, New Hall Hey, Rossendale, Lancashire BB4 6BE3
£240K09/210.47 mi3, Willow Tree Avenue, Rawtenstall, Rossendale, Lancashire BB4 6RW3
£154K01/210.48 mi21, Maitland Place, Rawtenstall, Rossendale, Lancashire BB4 6AT3
£255K07/210.51 mi12, Cedar Avenue, Rawtenstall, Rossendale, Lancashire BB4 6RR3
£477K04/210.53 miLower Pike Barn, Haslingden Road, Rawtenstall, Rossendale, Lancashire BB4 6ND3
£156K11/220.55 mi11, Tor View, Rawtenstall, Rossendale, Lancashire BB4 6AS3
£205K03/230.55 mi552, Manchester Road, Haslingden, Rossendale, Lancashire BB4 6LN3
£160K01/210.56 mi25, Oakley Road, Rawtenstall, Rossendale, Lancashire BB4 6RB3
£155K05/230.6 mi15, Schofield Road, Rawtenstall, Rossendale, Lancashire BB4 8SL3
£169.9K05/210.6 mi10, Kings Avenue, Rawtenstall, Rossendale, Lancashire BB4 6AP3
£250K11/220.61 mi8, Hargreaves Drive, Rawtenstall, Rossendale, Lancashire BB4 8SP3
£125K11/200.61 mi12, St Marys Place, Rossendale, Lancashire BB4 8SH3
£150K12/200.61 mi20, Hargreaves Drive, Rawtenstall, Rossendale, Lancashire BB4 8SP3
£260K06/230.62 mi1, Barritt Road, Rawtenstall, Rossendale, Lancashire BB4 8SR3
£180K02/210.62 mi11, Barritt Road, Rawtenstall, Rossendale, Lancashire BB4 8SR3
£218.5K12/200.63 mi63, Grasmere Road, Haslingden, Rossendale, Lancashire BB4 6LS3
£292.1K12/220.63 mi7, Barritt Road, Rawtenstall, Rossendale, Lancashire BB4 8SR3
£115K07/230.65 mi46, Fallbarn Crescent, Rawtenstall, Rossendale, Lancashire BB4 6AZ3
£180K03/210.65 mi53, Barnes Avenue, Rawtenstall, Rossendale, Lancashire BB4 8ST3
£265K06/210.66 mi25, Private Lane, Haslingden, Rossendale, Lancashire BB4 6LX3
£288K03/210.67 mi183, Haslingden Old Road, Rawtenstall, Rossendale, Lancashire BB4 8RR3
£300K04/230.67 mi121, Haslingden Old Road, Rawtenstall, Rossendale, Lancashire BB4 8RR3
£249.5K11/200.67 mi201, Haslingden Old Road, Rawtenstall, Rossendale, Lancashire BB4 8RR3
£217.5K02/210.7 mi34, Holly Mount Way, Rawtenstall, Rossendale, Lancashire BB4 8UN3
£395K02/210.71 miThe Bungalow, Piper Hollin, Haslingden, Rossendale, Lancashire BB4 6QF3
£220K03/210.73 mi31, Grasmere Road, Haslingden, Rossendale, Lancashire BB4 4EB3
£227K03/210.73 mi8, Grasmere Road, Haslingden, Rossendale, Lancashire BB4 4EB3
£240K10/220.76 mi95, Hilltop Drive, Haslingden, Rossendale, Lancashire BB4 6NB3
£290K06/210.78 mi3, Edale Avenue, Haslingden, Rossendale, Lancashire BB4 6QL3
£145K01/230.78 mi18, Fields Road, Haslingden, Rossendale, Lancashire BB4 6QA3
£150K08/210.79 mi849, Manchester Road, Haslingden, Rossendale, Lancashire BB4 6LB3
£152.5K05/210.79 mi89, Hilltop Drive, Haslingden, Rossendale, Lancashire BB4 6NB3
£148K12/220.81 mi12, Holly Avenue, Haslingden, Rossendale, Lancashire BB4 6QD3
£218.5K03/230.81 mi41, Fields Road, Haslingden, Rossendale, Lancashire BB4 6QA3
£220K10/210.81 mi23, Fields Road, Haslingden, Rossendale, Lancashire BB4 6QA3
£220K02/230.81 mi56, Fields Road, Haslingden, Rossendale, Lancashire BB4 6QA3
£210K01/230.81 mi7, Fields Road, Haslingden, Rossendale, Lancashire BB4 6QA3

Local Rents

50 rents from £450/mo to £1.3K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£80006/240.33 mi-2
£1,30001/240.39 mi-4
£1,05003/250.51 mi-2
£77510/230.57 mi-2
£1,20012/240.57 miShoemaker Gardens, Rossendale, Lancashire, BB43
£80002/240.61 mi-2
£85001/250.61 mi-2
£82512/230.62 mi-3
£85006/240.62 mi-3
£56008/240.62 mi-1
£55010/240.62 mi-1
£45004/240.63 mi-1
£50012/240.63 miRawtenstall, Rawtenstall, BB41
£45012/240.63 miRawtenstall, Rawtenstall, BB41
£92508/230.63 mi-2
£85012/240.68 miQueens Apartments, 1 Bank Street, Rawtenstall, BB42
£70007/240.78 mi-4
£69512/240.81 miKay Street, Rossendale2
£82507/230.81 mi-2
£95011/230.81 mi-2
£1,20006/240.81 mi-2
£1,00012/240.81 mi-2
£1,20012/240.81 mi-2
£1,20008/240.81 mi-2
£1,00008/240.81 mi-2
£1,20003/250.81 mi-2
£99511/240.85 mi-2
£69512/240.91 miSouth Street, Rawtenstall, Rossendale, Lancashire, BB42
£80003/240.96 mi-2
£60009/230.96 mi-2
£58010/230.96 mi-4
£79503/251 mi-2
£65009/231 mi-2
£59510/231 mi-2
£49512/241.03 mi-1
£49512/241.03 miSt. James Row, Rawtenstall, BB41
£49512/241.03 miSt. James Row, Rawtenstall, BB41
£79512/241.09 miPine street, Haslingden, Rossendale BB4 5ND2
£50002/241.1 mi-1
£55003/241.1 mi-1
£55012/241.1 miRifle Street, Haslingden, Rossendale, BB41
£1,10003/241.1 miPinfold Farm Mews, Edenfield, BL0 0HZ3
£1,25012/241.11 mi-3
£85012/241.18 miHelmshore Road, Haslingden, Rossendale, Lancashire, BB43
£65012/241.19 miHelmshore Road, Helmshore, Rossendale1
£1,20012/241.2 mi-5
£1,20012/241.2 miManchester Road, Haslingden, BB45
£85002/241.21 mi-2
£87503/251.21 mi-2
£85012/241.22 mi-2

Local Area Statistics

Population in BB4

41,137

Town centre distance

1.23 miles away

Nearest school

0.30 miles away

Nearest train station

5.03 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+16%

Sales demand

Balanced market

Capital growth (5yrs)

+26%

Property History

Listed for £385,000

March 4, 2025

Floor Plans

Description

  • Extended 3 Bedroom Detached Property +
  • Immaculately Presented +
  • Ground Floor Extension +
  • Countryside Views +
  • Local Amenities +
  • Close to Popular Schools +
  • Sun Trap Garden +
  • Utility Room +
  • Converted garage/Office Room +
  • Freehold +

Introducing an exquisite extended three-bedroom detached property on Holmeswood Park, Rawtenstall. This home impresses immediately with its stunning kerb appeal, featuring meticulously maintained front gardens and convenient off-road parking. Step inside to find a bright, modern living room highlighted by a stylish media wall, perfect for relaxation and entertainment. The ground floor also boasts a separate dining room and a recently fitted modern white kitchen fitted with Bosch oven, grill and fridge, giving the property an ultra modern finish. The extension on this level includes a versatile office room, which can easily serve as a playroom or additional lounge. A practical utility room fitted with additional fridge freezer and space for washer and dryer also providing access to the expansive rear garden, designed for outdoor enjoyment with ample seating and a suntrap ambiance. Upstairs, the property offers three spacious bedrooms and a very modern bathroom equipped with a bath-shower combination. Immaculately presented and ready to move into due to its recent renovations, this home is perfect for families. It is conveniently located close to local schools and within walking distance of the popular Rawtenstall centre. Don't miss the opportunity to make this beautiful property your new home.

Agent Details

Slater Brooking Estate Agents, Rawtenstall

01706 615023

Next Steps?

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