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Ribble Avenue, Darwen, Lancashire, BB3

West Midlands

£115,000
Listed on 11/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached property offers a promising opportunity for those looking to enter the housing market or expand their investment portfolio. Comprising three bedrooms and two reception areas, the home spans approximately 95 square meters, providing ample space for family living or potential rental. Located in a desirable neighborhood known for its strong rental demand, this property benefits from excellent transport links and is conveniently situated near local shops and green spaces, including Darwen Golf Club. The area appeals to both families and professionals, which enhances its attractiveness as a rental option. While the home is structurally sound, it presents an ideal canvas for modernization. Some areas would benefit from updates, particularly with regard to interior décor and window glazing—most of which are double-glazed, but a few remain single-glazed. The gas central heating system is operational, and electrical systems appear well-maintained, offering a solid foundation for future enhancements. The layout includes two reception rooms, a fitted kitchen, and convenient downstairs WC on the ground floor. Upstairs are three well-proportioned bedrooms along with a shower room and a separate WC. Outdoor spaces feature gardens at the front, side, and rear of the property. Access to the back garden can be gained through the side entrance or via French doors leading from the house to a small decked area that transitions onto a flagged patio and lawn. With some thoughtful renovations, this property could command rental figures in the range of £850-£900 per month—a compelling prospect for investors looking to capitalize on an area with sustained growth potential. Given its decent condition overall and lack of chain complications, this residence stands out as an attractive opportunity not only for first-time buyers but also seasoned investors seeking value in a dynamic market.

Investment Analysis

(BB3 area)
Area Average
£163/sq ft
Avg Rent (weekly)
£169
Avg Yield
4.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (BB3)

Area prices are rising by +5.9% over the last 12 months
3 year growth: 13.1%
5 year growth: 28.8%
Investment Disclaimer: Analysis based on BB3 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

Ribble Avenue, Darwen, Lancashire, BB3
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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
£421
Based on a loan of £86,250 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