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Peace Street, Burnley

West Midlands

£65,000
Listed on 15/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

Situated in a quiet cul-de-sac within Burnley, this quaint terraced home offers promising potential for renovation and personalization. The property features two generously sized bedrooms alongside a welcoming reception area. The kitchen provides an open layout, ideal for a dining arrangement, while the three-piece bathroom suite in classic white is functional yet ready for updates. Although the property requires modernisation, it opens the door for buyers to tailor the space according to their preferences, making it a canvas for creativity.<br><br>With convenient access to motorway links facilitating easy travel to Manchester and surrounding areas, this location merges practicality with opportunity. Additionally, the estimated rental yield of approximately £650 per calendar month enhances its appeal as an investment prospect. Whether you're a first-time buyer eager to make your mark or an investor looking for a property that promises future value appreciation, this terraced house on Peace Street presents an enticing opportunity to craft your ideal living space in a serene environment.

Investment Analysis

(BB11 area)
Area Average
£127/sq ft
Avg Rent (weekly)
£142
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (BB11)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 6.6%
5 year growth: 45.9%
Investment Disclaimer: Analysis based on BB11 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

Peace Street, Burnley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£238
Based on a loan of £48,750 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE