Summary - 40 OLIVE LANE DARWEN BB3 0ET
2 bed 1 bath Terraced
Two-bed terraced fixer-upper — chain-free, freehold, suitable for buy-to-let investors..
Freehold two-bed mid-terrace with period stone façade
Chain-free sale; formal offer of £80,000 recorded
Requires renovation; visible damp and mould in living areas
Walls likely uninsulated sandstone/limestone (as built)
Mains gas boiler and radiators; double glazing (install date unknown)
Small rear yard; modest internal footprint (~808 sq ft)
Very deprived area with high local crime — consider tenancy risk
Potential rent post-refurb circa £700+ pcm (investor estimate)
A compact two-bedroom mid-terrace offered freehold and chain-free — a straightforward buy-to-let opportunity in Darwen. The property has a traditional stone façade and basic layout: lounge, dining kitchen, two first-floor bedrooms and a three-piece bathroom. Its modest footprint (approx. 808 sq ft) suits investors targeting rental demand in the area.
The house requires renovation and cosmetic updating throughout. Internal photos show dated fittings, areas of damp/mould and a mid-20th-century fireplace; walls are likely uninsulated (as-built sandstone/limestone). Heating is mains gas via boiler and radiators and glazing is double-glazed although the install date is unknown.
Location strengths include proximity to local shops, regular bus routes into Darwen and several primary and secondary schools within walking distance. Broadband speeds and mobile signal are reported as good, and council tax is very low — factors that support lettability in a tough local market.
Material negatives are clear: the property sits in a very deprived area with high local crime and will need renovation works (cosmetic and possibly remedial damp work). There is a small yard and no notable external amenity. A formal notice records an offer of £80,000; the advertised price here is £74,995. Investors should budget for repair costs and factor area risk into yield calculations. With modernisation, projected rent is estimated at around £700+ pcm.
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