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Alder Bank, Rossendale, Lancashire, BB4 7SD

West Midlands

£85,000

Listed on 05/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This mid-terrace property in Rawtenstall offers an exceptional opportunity for those looking to undertake a significant renovation project. Located within walking distance of the town centre, it has been vacant for several years and is in need of complete refurbishment, providing buyers with the chance to customize the space to their needs. The layout includes a spacious lounge leading into a kitchen area that connects to a utility room and a rear yard with useful storage outbuildings. On the upper levels, there is a large principal bedroom, a family bathroom, and an attic room that has previously served as additional accommodation, all presenting substantial potential for improvement. Given its location in the vibrant Rossendale market town with access to amenities and transport links, this property could be transformed into a lucrative investment or comfortable home. Viewing is recommended for anyone interested in exploring the possibilities for modernization and enhancement.

Investment Analysis

(BB4 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£190
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (BB4)

Area prices are stable by -1.2% over the last 12 months
3 year growth: +2.8%
5 year growth: +19.9%
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

Alder Bank, Rossendale, Lancashire, BB4 7SD
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£321
Based on a loan of £63,750 over 30 years at 4.45% 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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