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Lynns Court, Weir, Bacup, Rossendale OL13 - Image 1
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Lynns Court, Weir, Bacup, Rossendale OL13

North West

£300,000
Listed on 09/01/2026

Property Details

Bedrooms
5
Type
Detached house

Description

This property presents a unique investment opportunity on a 0.49-acre residential development site, complete with full planning permission for the construction of three luxury detached houses. Located in the tranquil semi-rural village of Weir, Rossendale, this site offers developers and self-builders the chance to create a premium housing scheme within an established community that features green spaces and woodlands. The approved development plan outlines three spacious homes, elegantly designed over three floors, each boasting substantial internal areas and landscaped gardens. Plot 5A encompasses a 5-bedroom layout spanning 214m2 (2,305 sq. ft.) with desirable amenities such as an integral garage, multiple en-suites, and a master suite complemented by a dressing room. Plot 5B is the largest at 244m2 (2,626 sq. ft.), offering five double bedrooms and versatile living spaces, while Plot 5C includes similar high-end features across its own generous 210m2 (2,263 sq. ft.) footprint. The property benefits from detailed engineering plans addressing site landscaping and boundary treatments with features including timber fencing and reinforced retaining walls. Furthermore, modern advancements such as permeable driveways, EV charging points for each dwelling, and low-maintenance garden designs have been accounted for in the landscaping approach. With projected end values of around £600,000 per home—amounting to an estimated Gross Development Value of £1.8 million—the site holds significant financial allure for immediate development potential backed by existing planning permissions and comprehensive design documents.

Investment Analysis

(OL13 area)
Area Average
£185/sq ft
Avg Rent (weekly)
£171
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
95%
Properties sold annually

Local Market Trend (OL13)

Area prices are rising by +10.1% over the last 12 months
3 year growth: +16.6%
5 year growth: +42.5%
Investment Disclaimer: Analysis based on OL13 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

Lynns Court, Weir, Bacup, Rossendale OL13
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 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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