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Scott Street, Burnley, Lancashire, BB12

West Midlands

£59,000

Listed on 16/06/2026

Property Details

Bedrooms
2
Type
Terraced House

Description

This mid-terraced house offers an opportunity for savvy investors or first-time buyers looking to create value through renovation. Comprising two bedrooms, two reception rooms, and a separate kitchen, the property is ripe for modernization and improvement. The upstairs layout features two well-proportioned bedrooms alongside a bathroom, while the rear yard provides a small outdoor space that could enhance the property's appeal. Due to its current condition, this property is best suited for cash buyers willing to undertake renovation work. With careful updating, this house has significant potential for capital appreciation in the West Midlands market.

Investment Analysis

(BB12 area)
Area Average
£179/sq ft
Avg Rent (weekly)
£163
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BB12)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -7.6%
5 year growth: +3.9%
Investment Disclaimer: Analysis based on BB12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Scott Street, Burnley, Lancashire, BB12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£223
Based on a loan of £44,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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