Bury Road, Rawtenstall, Rossendale

This one-bedroom semi-detached house presents a remarkable opportunity to acquire a property at a low asking price of £100,000, which is significantly below the local average of £230/sqf. This price point offers a compelling entry for developers and cash buyers looking to invest in a project. The property is situated in a good location close to Rawtenstall Centre and local amenities, making it a desirable option for future tenants or resale.

However, the condition of the house is poor overall, with visible damage and disrepair throughout, including significant work needed in the living areas, kitchen, and bathroom. The renovation scope is extensive, with a projected budget of £100,000–£150,000 required to bring the property up to standard. This heavy project will demand a full-gut approach due to the current state of disrepair, which may stretch the overall costs against local market benchmarks. Buyers should be mindful that while the asking price is cheap, the all-in cost could result in a negative margin compared to the implied local average value.