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Pine Street, Bacup, Rossendale – For Sale Via Auction

North West

£115,000
Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom end-terraced home presents a promising opportunity for both first-time buyers and seasoned investors. Located on a generous plot, the property features both front and rear gardens that offer sweeping views of the surrounding countryside, making it an attractive canvas for renovation or redevelopment. Upon entering the home, you’ll find a vestibule leading to a spacious lounge filled with natural light from a large uPVC window. This primary living area provides access to the front garden, where beautiful hillside views enhance the property's appeal. Adjacent to the lounge is a versatile reception room that previously served as a dining area; it has ample space for entertaining and conveniently opens up to the expansive rear garden. The kitchen, while functional, is in need of modernization and offers white and cream cabinetry alongside a rear aspect window. This space could become a focal point of modern living with an updated design. Upstairs, you'll find two well-proportioned bedrooms. The master bedroom at the front can easily accommodate a king-size bed and includes a storage cupboard that could serve as a wardrobe. The second bedroom overlooks the rear garden, providing additional flexibility for various uses. Externally, this property benefits from off-road parking available nearby and boasts large outdoor spaces ideal for gardening or recreational activities. Situated in Bacup—a town steeped in history within Lancashire’s Rossendale Valley—this home is surrounded by scenic landscapes and rich cultural heritage. Bacup combines charming Victorian architecture with modern community initiatives, making it an appealing location not only for residence but also for long-term investment potential. Recent regeneration efforts in the area indicate growing interest and value retention, presenting an excellent opportunity for enhancement or resale. This chain-free property opens up possibilities for swift acquisition without complications. Given its charm and potential for modernization, it stands out as a desirable project for those looking to invest their time and resources into creating something truly special.

Investment Analysis

(OL13 area)
Area Average
£173/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (OL13)

Area prices are rising by +9.1% over the last 12 months
3 year growth: 12.3%
5 year growth: 38.0%
Investment Disclaimer: Analysis based on OL13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Pine Street, Bacup, Rossendale – For Sale Via Auction
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£421
Based on a loan of £86,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE