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Holborn Hill, Millom

North West

£55,000
Listed on 01/10/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This spacious four-bedroom mid-terrace property spans three floors, presenting a promising opportunity for renovation and investment. The home requires comprehensive modernization, making it particularly appealing to developers or those looking for a substantial project to craft a personalized family home. One notable feature is the good-sized rear garden, which, with some landscaping and maintenance, could become an ideal outdoor space for leisure and gatherings. The entrance hallway welcomes you into the home, providing access to the lounge and dining room as well as the staircase. The lounge boasts an original cast iron fireplace, while the dining room retains its period charm with another fireplace, leading into the kitchen area. Adjacent to the kitchen is a ground floor family bathroom with direct access to the rear garden. The first floor accommodates two double bedrooms, while two additional bedrooms are situated on the second floor. While this property does require extensive updating throughout, it offers an exceptional chance to enhance value and adjust the layout according to personal taste and needs.

Investment Analysis

(LA18 area)
Area Average
£117/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (LA18)

Area prices are rising by +18.5% over the last 12 months
3 year growth: 7.3%
5 year growth: -0.1%
Investment Disclaimer: Analysis based on LA18 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

Holborn Hill, Millom
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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
£201
Based on a loan of £41,250 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