# 2 bedroom terraced house for sale (BB9 9HN) ## Property Details | Key | Value | |-----|-------| | Address | 109 PINE STREET, NELSON, LANCASHIRE BB9 9HN | | Price | £45,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | | Last sold | £50,000 Nov 2025 | ## Description TO BE SOLD BY ONLINE AUCTION ON 22ND OCTOBER UNLESS SOLD PRIOR UNDER AUCTION TERMS. 109 Pine Street, Nelson, BB9 9HN Tenanted and not yet inspected by Edward Mellor, but reported to comprise a lounge, kitchen/diner, two bedrooms and a bathroom with a rear yard. The property is currently tenanted at £525 per calendar month, providing an immediate rental income and representing a strong potential yield for investors. The AST has been requested. The tenants have expressed a desire to remain in situ. Please respect their privacy.   Situated in a popular and established residential area of Nelson, the property is well placed for access to local shops, amenities, schools and transport links. With consistently high rental demand and excellent commuter connections via road and rail, the property offers a ready-made, low-maintenance investment opportunity and an easy addition to any buy-to-let portfolio. Here are some similar properties taken from the Land Registry which have sold nearby and help highlight the potential; 27, Whitehall Street, Nelson, BB9 9JB-Sold - 20/08/2025 £78,000 Terraced 2 beds 0.18 mi 14, Vincent Road, Nelson, BB9 9JG-Sold - 25/02/2025 £78,000 Terraced 2 beds 0.15 mi Tenant ready property rental values in the area are in the region of £525 pcm EPC rating – D ## Property Photos - ![Capture_cleanup.JPG](/listings/photos/168102395/423803) - Capture_cleanup.JPG - ![Attention Investors.png](/listings/photos/168102395/423804) - Attention Investors.png - ![New Instruction.png](/listings/photos/168102395/423805) - New Instruction.png ## EPC Graphs - ![EPC epcgraph.co.uk](/listings/photos/168102395/423807) - EPC epcgraph.co.uk ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 109 PINE STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HN | £50,000 | 20/11/2025 | Terraced | | 109 PINE STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HN | £13,250 | 29/06/1999 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 39 LARCH STREET, NELSON, PENDLE, LANCASHIRE, BB9 9RH | £65,000 | 20/01/2026 | Terraced | | 51 BELGRAVE STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HS | £85,000 | 22/12/2025 | Terraced | | 20 WHITEHALL STREET, NELSON, PENDLE, LANCASHIRE, BB9 9JB | £65,000 | 04/07/2025 | Terraced | | 108 FIR STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HT | £39,999 | 04/03/2025 | Terraced | | 159 NETHERFIELD ROAD, NELSON, PENDLE, LANCASHIRE, BB9 9QS | £75,000 | 28/02/2025 | Terraced | | 34 BELGRAVE STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HR | £62,000 | 06/12/2023 | Terraced | | 14 WHITEHALL STREET, NELSON, PENDLE, LANCASHIRE, BB9 9JB | £39,999 | 04/12/2023 | Terraced | | 21 BELGRAVE STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HR | £62,000 | 27/11/2023 | Terraced | | 201 PINE STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HP | £51,000 | 20/10/2023 | Terraced | | 69 BELGRAVE STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HS | £54,000 | 11/10/2023 | Terraced | | 22 WHITEHALL STREET, NELSON, PENDLE, LANCASHIRE, BB9 9JB | £39,999 | 27/09/2023 | Terraced | | 80 LONSDALE STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HG | £49,500 | 04/08/2023 | Terraced | | 82 BARKERHOUSE ROAD, NELSON, PENDLE, LANCASHIRE, BB9 9EU | £120,000 | 12/04/2023 | Terraced | | 85 SMITH STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HH | £62,000 | 24/03/2023 | Terraced | | 32 RHODA STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HX | £33,000 | 01/03/2023 | Terraced | | 145 NETHERFIELD ROAD, NELSON, PENDLE, LANCASHIRE, BB9 9QS | £70,000 | 17/01/2023 | Terraced | | 22 WHITEHALL STREET, NELSON, PENDLE, LANCASHIRE, BB9 9JB | £39,999 | 23/12/2022 | Terraced | | 168 PINE STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HW | £79,999 | 09/12/2022 | Terraced | | 49 LARCH STREET, NELSON, PENDLE, LANCASHIRE, BB9 9RH | £54,000 | 09/12/2022 | Terraced | | 59 LARCH STREET, NELSON, PENDLE, LANCASHIRE, BB9 9RH | £79,995 | 06/12/2022 | Terraced | | [Same street] 98 PINE STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HN | £66,500 | 25/07/2022 | Other | | [Same street] 101 PINE STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HN | £58,000 | 05/04/2022 | Terraced | | [Same street] 113 PINE STREET, NELSON, PENDLE, LANCASHIRE, BB9 9HN | £55,000 | 03/03/2022 | Terraced | **Street average:** £59,833 (3 sales) **Area average:** £61,375 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £106,166 (117 Terraced, BB9, 2024–2026) - **Deviation:** -57.6% ## Rental Range *ONS Price Index of Private Rents (Pendle). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £582/mo - **Realistic:** £647/mo - **Optimistic:** £712/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £449/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Terraced House, Regent Street, BB9 | £600/mo | 2 | 0.3 miles | OpenRent | **Average rent: £600/mo (1 listing)** ## 1% Rule - **Rent ratio:** 1.33% (strong) - **Max investor price (0.8%):** £75,000 - **Target investor price (1%):** £60,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £600/mo).* - **Gross yield:** 16% - **Cost-to-rent:** 6.3× - **Monthly cashflow:** £338/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 31.1% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 33.4% - **10y growth:** 98.9% ## House Price Index (HM Land Registry) *Official index for Pendle; Terraced series; as of March 2026.* - **1y growth (index):** 6.9% - **5y growth (index):** 25.1% - **10y growth (index):** 78.5% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)