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43 Larch Street, Nelson, Lancashire BB9 9RH - Image 1
43 Larch Street, Nelson, Lancashire BB9 9RH - Image 2
43 Larch Street, Nelson, Lancashire BB9 9RH - Image 3

43 Larch Street, Nelson, Lancashire BB9 9RH

West Midlands

£25,000Guide Price

Listed on 22/08/2026

The listing

Property details

Bedrooms
2
Type
End Of Terrace

Description

Offered at auction on 28 September 2026, this property presents a compelling opportunity for investors and developers. This two-bedroom semi-detached house has experienced significant fire damage, necessitating a comprehensive renovation programme. Although it requires extensive work to bring it back to a habitable state, the potential for value uplift is noteworthy due to its location in an established residential area, just half a mile from Nelson town centre. The accommodation spans two storeys and includes both a small front yard and an enclosed rear yard. On-street parking is available nearby. Situated on Larch Street, the property benefits from proximity to essential local amenities including shops, schools, and public transport links such as Nelson railway and bus stations. The surrounding East Lancashire towns are easily accessible via the M65 motorway. Please note that an enforcement notice mandates the future owner to make the property habitable within 12 months of purchase. This leasehold property comes with a term of 999 years starting from 1st May 1889.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

40out of 100
Grade ELow opportunity

Confidence: LOW

This two-bedroom semi-detached house presents a challenging investment opportunity, primarily due to its significant fire damage and the lack of detailed information regarding its condition and floor area. Priced at £25,000, it appears attractive at first glance, but the absence of usable floor area data and a structured visual assessment severely limits its appeal and potential value. The local average price of around £190,703 suggests that this asking price may not be a strong indicator of value, especially when considering renovation costs that remain unknown.

The property is located in an established residential area with reasonable access to amenities and transport links, which is a positive aspect. However, the enforcement notice requiring the buyer to make the property habitable within 12 months adds pressure and potential risk. Investors should weigh these elements carefully, as the economics of this investment are unclear without a comprehensive understanding of the required renovations and the property's true potential post-renovation.

Overall, while the location and the potential for renovation might hold some merit, the significant uncertainties surrounding the property's condition and the economics of the investment make this a low opportunity prospect overall.

Key opportunities

  • Two-bedroom layout typical for resale/rental market
  • Established residential area with access to local amenities and transport links

Key risks

  • Significant fire damage requiring comprehensive renovation
  • Missing condition details and floor area information
  • Enforcement notice to make the property habitable within 12 months

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Map

Location

43 Larch Street, Nelson, Lancashire BB9 9RH
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£94
Based on a loan of £18,750 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.

Tax

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Indicative tax based on the asking price and the options you select.

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