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Gladstone St, Bacup, Rossendale OL13 - Image 1
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Gladstone St, Bacup, Rossendale OL13 - Image 3

Gladstone St, Bacup, Rossendale OL13

North West

£130,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1062 sqft

Description

This three-bedroom terraced property, spread over three floors, presents a solid investment opportunity for buyers seeking to add value through renovation. The home features two reception rooms and one bathroom, making it spacious for family living or potential rental use. While the property is in good condition and ready for immediate occupancy, there is notable scope for modernisation to enhance both aesthetic appeal and functionality. The serviced combi boiler offers a reliable heating source, which is a valuable asset in any refurbishment project. All existing appliances will remain with the property, providing a convenient starting point for any upgrades. The ground floor comprises a bright lounge and a versatile dining area, whilst the kitchen provides practical utility with potential for contemporary enhancements. On the first floor, two well-sized bedrooms and a functional family bathroom are located conveniently. The loft bedroom on the second floor adds generous space that can be adapted to various uses. Externally, the low-maintenance yard at the rear offers an outdoor retreat with gardening possibilities. Located in Bacup, an area rich in industrial heritage within the picturesque Rossendale Valley, this property enables access to local amenities and reputable schools while being part of an evolving community steeped in tradition. With ongoing regeneration efforts enhancing Bacup's charm and community spirit—illustrated by events like the annual carnival—this property stands as an enticing canvas for those looking to invest or create their ideal home.

Investment Analysis

(OL13 area)

Below Market Value

This property is priced -34.1% below area average per sq ft

-34.1%
Potential saving
This Property
£122/sq ft
Area Average
£186/sq ft
Avg Rent (weekly)
£172
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£216,876
10% above area average per sq ft
Potential ROI
+39.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (OL13)

Area prices are rising by +7.9% over the last 12 months
3 year growth: +14.4%
5 year growth: +31.2%
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

Gladstone St, Bacup, Rossendale OL13
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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.

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