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Green Lane, Blackburn, Lancashire, BB2 - Image 1
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Green Lane, Blackburn, Lancashire, BB2

West Midlands

£80,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached house presents a substantial opportunity for renovation and investment. Featuring three bedrooms—two spacious doubles and a single—this layout is well-suited for families or individuals looking to create a personalized living space. The property includes a single bathroom and a reception room, offering ample room for both relaxation and entertaining. The kitchen is equipped with dining space, ideal for family gatherings or hosting friends. Located in an area known for its accessibility, the property benefits from close proximity to public transport links, facilitating easy commutes. Families will appreciate the nearby local schools, enhancing the appeal for those with school-age children. Additionally, local amenities are within reach, providing convenience for everyday necessities. This house requires significant renovation, making it an appealing project for first-time buyers eager to infuse their personal style into their home or investors looking to capitalize on potential value increases through refurbishment. The canvas of this property allows creative freedom in design and functionality. Beyond its structural features, the property's location adds further value with its blend of community convenience and residential comfort. Its renovation potential pairs well with market demand in the area, positioning it as an attractive prospect within the current real estate landscape. Overall, this property offers a unique chance to craft a special home or investment in a desirable neighborhood.

Investment Analysis

(BB2 area)
Area Average
£191/sq ft
Avg Rent (weekly)
£187
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (BB2)

Area prices are falling by +4.0% over the last 12 months
3 year growth: 12.3%
5 year growth: 18.3%
Investment Disclaimer: Analysis based on BB2 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

Green Lane, Blackburn, Lancashire, BB2
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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
£293
Based on a loan of £60,000 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