Auction-ready starter or rental project with clear refurbishment potential.
- Two-bedroom Victorian end-terrace with period stone facade
- 646 sq ft; compact layout across two storeys
- Requires full refurbishment; reported exterior damp/moss issues
- Long lease (846 years) and chain-free sale
- Sold via auction: 56-day completion and 4.5% reservation fee
- Cash buyers only; budget for renovation and auction fees
- Private rear yard/patio suitable for garden or storage
- Area has above-average crime and local economic deprivation
This two-bedroom Victorian end-terrace on Shepherd Street is offered via the Modern Method of Auction and is best suited to cash buyers, investors or first-time buyers who can oversee a full refurbishment. The property offers solid value upside: a long lease (846 years), compact 646 sq ft layout, and a private rear yard that could be turned into a usable garden or rental amenity.
The house retains a period stone facade but requires comprehensive renovation throughout — the listing notes general damp/moss at the exterior and the interior needs full refurbishment. Council Tax Band A and a modest footprint help running costs, while excellent mobile signal and fast broadband coverage support modern renting or homeworking.
Auction terms are important: completion must occur within 56 days and a non-refundable Reservation Fee of 4.5% (minimum £6,600 inc. VAT) is payable in addition to the purchase price. The property is leasehold and chain-free; buyers should budget for renovation costs, statutory checks, and the auction fees before bidding.
Local amenities include several good-rated primary schools, shops and bus routes, and Bacup’s town centre and surrounding countryside are within easy reach. The wider area is described as economically deprived with above-average crime statistics, which is relevant for rental assumptions and resale timing.
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