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Haydock Street, Burnley

West Midlands

£50,000
Listed on 23/08/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This 2-bedroom terraced property presents a compelling renovation project in Burnley, ideal for investors and developers seeking to add value through modernization. Boasting two reception rooms, the layout offers flexibility for reconfiguration to suit contemporary living needs. The property features good-sized bedrooms, providing ample space for comfortable accommodation. The kitchen and bathroom areas are in need of updating, allowing new owners the opportunity to customize these essential spaces. A rear yard adds potential for outdoor use or extensions, subject to local planning permissions. Situated conveniently close to local amenities, schools, and transportation links, this location enhances its appeal for future tenants or resale opportunities. With no onward chain and sold with vacant possession, the timeline for a new owner to start renovations is greatly streamlined. Whether you’re looking to create a buy-to-let investment or a home tailored to personal specifications, this property is an excellent canvas awaiting your vision.

Investment Analysis

(BB10 area)
Area Average
£165/sq ft
Avg Rent (weekly)
£152
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (BB10)

Area prices are falling by +3.7% over the last 12 months
3 year growth: 13.3%
5 year growth: 38.4%
Investment Disclaimer: Analysis based on BB10 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

Haydock Street, Burnley
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£183
Based on a loan of £37,500 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