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£125,000
Bedrooms
Bathrooms
This 2 bedroom semi-detached home with 2 reception rooms, spread over 2 floor(s), with 1 bathroom is in good condition. This property is ideally suitable for first time buyers / investors / down sizers and is sold with, no chain.
This lovely home has lots of potential and sits on quite a desirable plot as Its got the wrap around gardens and a really good-sized rear garden. The home does require a bit of modernisation, but is perfectly fine to move into as is.
Close to excellent local amenities, in the catchment area for excellent local schools including BRGS. Rawtenstall centre is only 5 mins away and provides a range of supermarkets, bars and restaurants.
Please note (there is a stair lift in the property that is being removed professionally). The property has BRSK superfast broadband.
Book your viewing with our Rawtenstall office today.
'' GROUND FLOOR ''
LOUNGE - 4.56m x 3.57m
Lovely room with patio doors out to the rear patio. Dual aspect views (to the front and rear).
KITCHEN - 4.0m x 2.3m
Views out into the rear garden, under stairs storage and plenty of storage cupboards.
DINING ROOM - 2.0m x 2.0m
Dual wall lights, and a ceiling light, access to the side of the property.
'' FIRST FLOOR ''
MASTER BEDROOM - 4.56m x 3.55m
BEDROOM 2 - 4.0m x 3.0m
FAMILY BATHROOM - 2.29m x 1.45m
EXTERNALLY
Front Garden, Rear Garden, Side Access, Rear storage shed and patio. Nearby woodland ideal for dog walking, there are also a couple of parks nearby along with a local shop.
THE AREA
Newchurch is a historic village nestled in the heart of Rossendale, Lancashire. Known for its charming stone-built homes and countryside views, the area blends rural tranquillity with a strong sense of community. With roots dating back to the medieval period, Newchurch has retained much of its character through its narrow lanes, traditional architecture, and the prominent St. Nicholas Church, affectionately known as the 'Cathedral of the Valley.' The village is surrounded by rolling hills, making it popular with walkers and nature lovers, while still being just a short distance from Rawtenstall and other local amenities.
Despite its peaceful setting, Newchurch is well-connected and offers a practical base for families and commuters alike. Local primary schools are highly regarded, and theres easy access to nearby towns via local bus routes and the M66 motorway. The community regularly comes together for local events, and nearby attractions such as the East Lancashire Railway and Whitaker Park provide entertainment and leisure options. Whether youre looking for a quiet place to settle down or simply enjoy exploring traditional Lancashire villages, Newchurch offers a warm welcome and a unique slice of valley life.
TENURE
Freehold
COUNCIL TAX
Rossendale Borough Council - Band A
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).
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 )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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