Summary - 21 ALMA STREET BACUP OL13 9JA
2 bed 1 bath Terraced
Low-cost town centre buy with clear refurbishment upside.
Tenant in situ — investment purchase with immediate rental income potential
An affordable two-bedroom mid-terrace in central Bacup offered with a tenant in situ, this property suits investors seeking a low-entry purchase with rental continuity. The Victorian stone frontage and period proportions give genuine character, while the compact living spaces make maintenance straightforward. On-street parking and easy access to local shops, buses and services support rental demand in the town centre.
The interior is liveable but dated: a spacious reception leads to a fitted kitchen and a three-piece bathroom, with a second-floor bedroom under a Velux. The building is double-glazed (post-2002) and heated by a mains gas boiler and radiators, but external walls are likely uninsulated and the EPC is D. Those factors point to potential improvement costs if aiming to increase energy performance or capital value.
This leasehold terraced house is priced for buyers ready to carry out light-to-moderate refurbishment to lift condition and yield. There is no private garden and the area scores high on deprivation and local crime statistics, which will influence tenant profiles and rental levels. For investors focused on cashflow and long-term uplift through targeted upgrades, the property presents a clear, low-cost acquisition with scope to add value.
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