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Goodshaw Lane, Rossendale

West Midlands

£350,000
Listed on 26/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling opportunity for developers or self-builders with existing planning permission (Ref: 2024/0267) to construct a custom stone-built detached home on a semi-rural plot of approximately 605 sq m in Crawshaw Booth. The approved project includes plans for a spacious dwelling featuring open-plan living spaces, four bedrooms, and a principal suite, along with landscaped gardens, a driveway, and an integral garage. Key groundwork preparations have already been initiated, including assessments of contamination and archaeology due to the historical significance of previous structures on site. Notably, reusable stone materials are available, contributing to potential cost savings during construction. With favourable ground conditions confirmed through trial holes, the site is well-prepared for development with minimal remediation required. The vendor has estimated construction costs to be between £200,000 and £250,000 based on the specifications envisaged. The anticipated end value for the completed home ranges from £800,000 to £850,000, making this an attractive investment opportunity. Interested parties are encouraged to conduct their own research and verify planning details via the planning portal or directly through available vendor documentation.

Investment Analysis

(BB4 area)
Area Average
£233/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £250,000
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

Goodshaw Lane, Rossendale
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 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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