Mersey Street, Bacup
North West
£80,000Guide Price
Listed on 04/10/2026
Listed on 04/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
657 sqftFeatures
- Garden
Description
Offered at auction, this two-bedroom mid-terraced house is in a cul-de-sac position in Bacup and is offered with no onward chain. It is described as a renovation project, with a front reception room and a separate kitchen that could be updated or reconfigured. Upstairs are two double bedrooms and a bathroom, with the listing noting dated décor, unfinished plaster in places and worn floor coverings.
To the rear is a walled yard providing outdoor space. The property is within reach of Bacup town centre, local shops and supermarkets, with nearby green space at Moorlands Park and access to the Rossendale Valley. Bus services connect the area with Rawtenstall, Rochdale and Burnley. The sale is through the Modern Method of Auction, with a 56-day reservation period and buyer fees and pack costs applying; prospective bidders should review the auction terms and information pack.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
64out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £80,000, this two-bedroom terrace is a notably cheap acquisition against the local £/sqf benchmark: £122/sqf versus £180/sqf. The reception room’s large window, straightforward layout and enclosed rear yard give the project a useful starting point, while the dated finishes and unfinished surfaces across several rooms leave scope to reshape and refresh the interior.
Key opportunities
- Use the separate kitchen and straightforward two-bedroom layout as a canvas for a coordinated interior update, including a choice about how far to modernise the kitchen and bathroom.
- The bright front reception room and enclosed rear yard offer scope to create a more welcoming living space and improve the outdoor area.
- Acquire at £122/sqf, well below the local £180/sqf average, leaving room to add value through the visible interior improvements.
Key risks
- Patchy or unfinished wall surfaces across several rooms and a large unfinished-looking ceiling area make this a substantial works programme; the £25,000–£45,000 range needs careful budgeting and sequencing rather than a cosmetic refresh.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£302
Based on a loan of £60,000 over 30 years at 4.45% interest
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