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Redwood Drive, Rawtenstall, Rossendale BB4 - Image 1
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Redwood Drive, Rawtenstall, Rossendale BB4 - Image 3

Redwood Drive, Rawtenstall, Rossendale BB4

West Midlands

£355,000
Listed on 11/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1303 sqft

Description

This three-bedroom detached family home offers a solid foundation for renovation and investment in a desirable area of Rawtenstall. The property features front and rear gardens, an integral garage that doubles as a workshop, and off-road driveway parking. Internally, the layout includes an entrance hallway leading to a generous open-plan lounge and dining area, in addition to a separate second lounge which could serve as additional living space or be transformed into a home office. With the potential for further improvements and extensions (subject to planning permission), this property stands out as an excellent opportunity for those looking to add value. Located within walking distance of local amenities, schools, and transport links, it combines convenience with potential growth. Early viewing is encouraged for those keen to explore its refurbishment prospects.

Investment Analysis

(BB4 area)

Above Market Value

This property is priced +16.9% above area average per sq ft

+16.9%
This Property
£272/sq ft
Area Average
£233/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£333,959
10% above area average per sq ft
Potential ROI
-16.5%
After renovation
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

Redwood Drive, Rawtenstall, Rossendale BB4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,280
Based on a loan of £266,250 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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