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North Bank House, Pleckgate Road, Blackburn, BB1 8PN - Image 1
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North Bank House, Pleckgate Road, Blackburn, BB1 8PN

West Midlands

£450,000
Listed on 28/12/2025

Property Details

Bedrooms
5
Type
Detached
Area
1862 sqft

Description

This five-bedroom detached house in the desirable Pleckgate area offers a significant opportunity for renovation and investment. Originally constructed as a mill owner's residence, this property is set on a generous plot that provides ample space for redevelopment possibilities (subject to planning permission). The home features spacious living areas, including a dining room with a multi-fuel stove, a lounge with an open fire, and bedrooms equipped with original fireplaces. While the property requires updating to enhance its appeal and functionality, it presents an excellent canvas for those looking to create a unique living environment tailored to modern standards. The location is ideal for families, being close to well-regarded schools and community amenities, making this a prime prospect for renovation enthusiasts or investors eager to capitalize on the area's potential.

Investment Analysis

(BB1 area)

Above Market Value

This property is priced +25.6% above area average per sq ft

+25.6%
This Property
£242/sq ft
Area Average
£192/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£394,074
10% above area average per sq ft
Potential ROI
-27.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (BB1)

Area prices are falling by -5.0% over the last 12 months
3 year growth: +1.3%
5 year growth: +23.0%
Investment Disclaimer: Analysis based on BB1 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

North Bank House, Pleckgate Road, Blackburn, BB1 8PN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,594
Based on a loan of £337,500 over 30 years at 3.91% 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

Price History

-10.0% since listed
£450,000£49,950(-10.0%)
02/01/2026
Current price
£499,950Initial listing
15/07/2025

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