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Coronation Grove, Newchurch, Rossendale BB4 - Image 1
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Coronation Grove, Newchurch, Rossendale BB4

West Midlands

£130,000
Listed on 07/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
747 sqft

Description

This two-bedroom townhouse located in the sought-after residential area of Newchurch, Rossendale presents a solid opportunity for those looking to enhance its value through modernization. Featuring front and rear gardens and a practical layout, this home consists of a welcoming entrance hall, a spacious lounge, and a kitchen complete with a utility area. The first floor hosts two bedrooms and a wet room, providing essential living spaces that could benefit from contemporary upgrades. With no chain delays and requiring cash purchasers only, this property is ideal for first-time buyers or investors focused on buy-to-let potential. Nearby amenities include schools and leisure facilities, adding to the appeal of this investment. A little creativity could transform this space into a charming residence or rental asset.

Investment Analysis

(BB4 area)

Below Market Value

This property is priced -24.7% below area average per sq ft

-24.7%
Potential saving
This Property
£174/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£189,854
10% above area average per sq ft
Potential ROI
+22.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (BB4)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +2.9%
5 year growth: +21.6%
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

Coronation Grove, Newchurch, Rossendale BB4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£460
Based on a loan of £97,500 over 30 years at 3.91% 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.

Price History

-7.1% since listed
£130,000£5,000(-3.7%)
06/04/2026
Current price
£135,000£5,000(-3.6%)
22/03/2026
£140,000Initial listing
14/09/2025

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