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Redwood Drive, Rawtenstall, Rossendale - Image 1
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Redwood Drive, Rawtenstall, Rossendale

West Midlands

£355,000
Listed on 06/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1303 sqft

Description

This detached three-bedroom family home presents a valuable opportunity for renovation and potential enhancement. Located in a desirable area with gardens both at the front and rear, the property includes an integral garage/workshop and off-road driveway parking, making it convenient for families. The spacious open-plan lounge and dining room, alongside a separate second lounge, offer generous living spaces that can be modernized to match contemporary tastes. There's significant potential to extend the property, subject to planning approval, further increasing its value. With easy access to Rawtenstall town centre and local amenities, this home stands in a prime location for investment. Early viewing is advisable to explore the numerous possibilities this property offers.

Investment Analysis

(BB4 area)

Above Market Value

This property is priced +16.9% above area average per sq ft

+16.9%
This Property
£272/sq ft
Area Average
£233/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£333,959
10% above area average per sq ft
Potential ROI
-15.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
80%
Properties sold annually

Local Market Trend (BB4)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +3.5%
5 year growth: +21.7%
Investment Disclaimer: Analysis based on BB4 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

Redwood Drive, Rawtenstall, Rossendale
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,280
Based on a loan of £266,250 over 30 years at 4.06% 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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