2 bedroom end of terrace for sale

£150,000 Offers over

2

Bedrooms

1

Bathrooms

Floorplan

This is a well-proportioned end-terraced property with two reception rooms and a kitchen. On the first floor, two double bedrooms and a spacious bathroom. To the rear, a private and low maintenance courtyard. Well positioned for Haslingden and Accrington. Superb bus routes and motorway access. A popular residential location with a primary school nearby.

Recently completely refurbished and improved. This property is a fabulous turnkey property, and ready for investors or first time buyers alike. Set in a quiet area with both on-road, and established parking to the side of the property, this is an excellent opportunity to secure a completely refurbished property that only requires you putting your own personal touches on it.

This beautiful home is ready and waiting for you. Partial countryside views with amenities on your doorstep.

This property comprises:

GROUND FLOOR

Living room - 3.74m x 3.14m
Dining room - 4.3m x 4.06m
Kitchen - 4.07m x 2.27m
Amazing brand-new kitchen with dining bar, shower tap and built in oven and gas hob.

FIRST FLOOR

Master bedroom - 4.37m x 3.73m
Second Bedroom - 3.18m x 2.55m
Bathroom - 4.51m x 1.68m
A full four piece bathroom with a large corner bath and stand-alone taps.

COUNCIL TAX
We can confirm that council tax is payable to Rossendale Borough Council - band A.

TENURE
We can confirm the property is Freehold, with no ground rent, or service charges to pay.

THE AREA
Rising Bridge is a small village situated within the Rossendale borough in Lancashire, England. Nestled in the heart of the scenic Pennine hills, the village offers picturesque views and a tranquil atmosphere, making it a charming escape from the hustle and bustle of larger towns and cities. Historically, Rising Bridge was part of the textile industry boom in the 19th century, with several mills that played a significant role in the local economy. Today, while much of the industrial activity has ceased, the remnants of this era are still evident in the architecture and landscape, providing a glimpse into its rich heritage.

In recent years, Rising Bridge has seen a resurgence in popularity, partly due to its ideal location and the growing appeal of rural living. Improved transport links and the development of new housing have made it an attractive option for commuters working in nearby Manchester and Blackburn. The village maintains a close-knit community spirit, with local events and festivals that bring residents together. Additionally, the surrounding countryside offers ample opportunities for outdoor activities such as hiking, cycling, and wildlife spotting, enhancing its allure as a peaceful and inviting place to live.

PLEASE NOTE
All measurements are approximate to the nearest 0.1m and for guidance only, and they should not be relied upon for the fitting of carpets or the placement of furniture. No checks have been made on any fixtures and fittings or services where connected (water, electricity, gas, drainage, heating appliances or any other electrical or mechanical equipment in this property

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 118950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 3750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 6450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

Adjust these figures

  %
  %
£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

The Property has been saved to your favorites

Love the most
Second best
Meets our criteria
May be
Last resort

 / 5

Enquiry

Book an Appointment

Enter Details

Select Date and Time

GNB Property

10 Minute Meeting

  

Check all Details

Submit

Booking Confirmed

All confirmed! We look forward to speaking with you.

10 Minute Meeting

A calendar invitation has been sent to your email address.
Message