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43 Larch Street, Nelson, Lancashire BB9 9RH
Marketed by:
BTG Eddisons
340 Deansgate, Manchester M3 4LY, UK
0345 646 2288
43 Larch Street – Nelson
43 Larch Street, Nelson, Lancashire BB9 9RH
For Sale
£25,000+
Key Features
Residential Investment
Located in Nelson
Guide price £25,000+
Status: For Sale
Description
Description A two-bedroom end-terrace dwelling, offered for sale with vacant possession. The property has suffered significant fire damage and requires a comprehensive programme of renovation, presenting an opportunity for investors, developers and cash buyers.
The accommodation is arranged over two storeys, with a small yard to the front and an enclosed yard to the rear. On-street parking is available nearby. The property is situated on Larch Street, within an established residential area approximately half a mile from Nelson town centre.
A range of shops, schools and local amenities is available nearby, together with Nelson railway and bus stations. The area benefits from convenient road access to surrounding East Lancashire towns via the M65 motorway. Tenure Leasehold Occupancy Vacant possession upon completion
Investment Analysis
Investment Snapshot
| Guide Price | £25,000+ |
| Refurbishment / Works Budget | £59,500–£94,500 |
| Purchase + Works | £84,500–£119,500 |
| Estimated GDV | £60,000 low / £65,000 base / £70,000 high |
| 75% Refinance – Base GDV | £48,750 |
Underwriting basis. This is an indicative desktop appraisal. GDV is an estimated post-works/open-market value, not a guaranteed valuation. Comparable research is widened from the same street/postcode to the surrounding market up to approximately five miles where necessary.
Market Comparables
Local Nelson 2-bed terrace market evidence supports a post-reinstatement value materially above the £25,000 fire-damaged guide
HB estimated GDV: £60,000 low / £65,000 base / £70,000 high. The range reflects comparable quality, condition and the fact that auction stock can trade below normal owner-occupier market value.
Proposed Works
| Strip-out / disposal | £6,000–£9,000 |
| Structural/roof/fire repairs | £10,000–£20,000 |
| Electrical | £6,000–£9,000 |
| Heating/plumbing | £6,000–£9,000 |
| Kitchen | £7,000–£10,000 |
| Bathroom | £4,500–£6,500 |
| Plastering | £6,000–£10,000 |
| Flooring/decoration | £6,000–£9,000 |
| Contingency | £8,000–£12,000 |
| Total | £59,500–£94,500 |
The allowance follows the auction description/visible condition and investor-standard refurbishment scope. It is not a structural survey or contractor quotation.
Strategy & Value Analysis
This is not a conventional single-dwelling BRRR/flip asset. The value case should be assessed using the specialist strategy appropriate to the property—income capitalisation, asset management, planning/development or land value—while still using the market-value range above as an indicative exit benchmark.
Key Risks
Confirm legal title/tenure, occupancy, planning/licensing, service charge/ground rent where relevant, structural condition, utilities, abnormal works and finance terms. Market comparables are indicative and should be refreshed immediately before bidding.
Auction Details :
BTG Eddisons
Auction Date :
29/09/26
Lot Number :
023
Property Location:
43 Larch Street, Nelson, Lancashire BB9 9RH
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