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Beaver Terrace, Bacup, Rossendale, OL13

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • INVESTORS ONLY.
  • IMMEDIATE INCOME WITH TENANT IN SITU
  • OUTSTANDING 8 PERCENT GROSS ANNUAL YIELD
  • SMARTLY PRESENTED THREE BEDROOM COTTAGE HOME
  • MODERN KITCHEN WITH INTEGRATED APPLIANCES
  • THREE PIECE FAMILY BATHROOM SUITE INSTALLED
  • EXCELLENT COMMUTER LINKS.
  • EPC D.
  • Tenure Leasehold 999 years 24/3/1876
  • Council Tax Band A.

Description

An exceptional, turn-key investment opportunity has arisen to acquire this smartly presented 3-bedroom mid stone terraced cottage. Already generating an immediate income, the property is being offered for sale with a reliable sitting tenant producing £8,400 per year (£700 PCM). Boasting an outstanding 8% gross rental yield, this pavement-fronted home is a low-risk addition to an established portfolio or a perfect start for a new landlord.

The accommodation opens via a practical entrance vestibule into a comfortable, inviting sitting room.

Beyond lies a modern, separate kitchen thoughtfully fitted with an extensive range of wall and base units, complemented by stylish wood-laminate worktops. The kitchen comes fully equipped with an integrated oven, a 4-ring gas hob, and a single drainer sink unit.

Upstairs, the first-floor layout comprises three bedrooms alongside a modern three-piece family bathroom, featuring a panelled bath with an overhead shower, a pedestal wash hand basin, and a low-level W/C.

Externally, the property benefits from an enclosed yard to the rear.

Situated along Beaver Terrace within the historic market town of Bacup, this property occupies a popular and central residential position in the scenic Rossendale Valley. Residents enjoy exceptionally easy access to local town amenities, independent shops, supermarkets, and well-regarded local primary and secondary schools. Positioned centrally between major East Lancashire hubs, the location offers a short driving distance to both Rochdale and Burnley, making it highly attractive to commuting tenants who require reliable access to wider regional transport links and surrounding commuter routes.

Anti-Money Laundering (AML) Checks - As part of making an offer, we’re required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers. To cover the cost of this process, a fee of £60 inc VAT per buyer is payable when your offer is accepted. This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.

Brochures

Web DetailsParticulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Beaver Terrace, Bacup, Rossendale, OL13

Approximate location

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Affordability

Monthly repayments£510
Property: £ 105,000
Deposit: £ 10,500
Interest rate: 5.04%
Term: 30 years
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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.
Renovation potential
Recently sold & under offer
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About Ryder & Dutton, Rawtenstall & Rossendale

68 Bank Street, Rawtenstall, BB4 8EG
Industry affiliations:

Ryder & Dutton are long established and market leading estate agents in the North of England. With branches which span across Greater Manchester, West Yorkshire, Lancashire and Derbyshire, we have a local team of experts in our 16 sales and lettings branches who are here to help you move. Available anytime, anywhere from 8 'til 8 7 days a week you can rest assured that we'll be here to help you throughout your moving journey.

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Disclaimer - Property reference RAW260551. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ryder & Dutton, Rawtenstall & Rossendale. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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