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New Chapel Street, Blackburn, BB2 - Image 1
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New Chapel Street, Blackburn, BB2

West Midlands

£30,000
Listed on 18/09/2025

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom flat presents a compelling opportunity for renovation and investment, situated in a well-connected area with easy access to public transportation and a variety of local amenities. The property is ripe for customization, allowing prospective buyers to put their own personal touch on the space while enhancing its value. The layout features a generously sized double bedroom, complete with built-in wardrobes that offer practical storage solutions. This spacious room provides a comfortable setting that can easily be transformed into a serene retreat with the right updates. The bathroom is currently configured as a shower room and, while it requires some refreshing, it has the potential to evolve into a stylish, modern space that could serve as a personal oasis. A thoughtful redesign could maximize both functionality and aesthetics. In addition, the kitchen is furnished with wall and base units that create ample storage for cooking essentials. With an eye for detail and some creative renovations, this area can be developed into an inviting culinary zone tailored to individual tastes. A separate reception room adds versatility to the layout, featuring large windows that allow natural light to pour in, fostering a warm atmosphere ideal for both relaxation and entertaining guests. Overall, this flat stands out not only for its location but also for its significant renovation potential. It serves as an excellent foundation for investors looking to enhance their portfolio through strategic improvements. A viewing is highly recommended to fully appreciate the possibilities this property offers.

Investment Analysis

(BB2 area)
Area Average
£187/sq ft
Avg Rent (weekly)
£202
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£3,000 - £7,500
10-25% of property value
Monthly Sales
46
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (BB2)

Area prices are stable by +1.0% over the last 12 months
3 year growth: 18.2%
5 year growth: 19.6%
Investment Disclaimer: Analysis based on BB2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

New Chapel Street, Blackburn, BB2
Map showing location of New Chapel Street, Blackburn, BB2
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