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Buccleuch Road, Nelson, Lancashire, BB9

West Midlands

£60,000
Listed on 03/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
951 sqft

Description

This charming mid-terraced property in Nelson presents a unique opportunity for renovation enthusiasts and investors alike. Boasting two bedrooms, it features multiple living spaces, including two reception rooms that offer flexibility in layout and design. The separate kitchen, while functional, is ripe for modernisation, allowing potential buyers to add their personal touch. Natural light floods the home through double-glazed windows in every room, enhancing the inviting atmosphere throughout. The property also includes a practical shower room equipped with essential amenities. Externally, there is a garden at the front and an enclosed yard at the rear, providing outdoor space that could be transformed into a cozy retreat or functional area for entertaining. Situated close to local schools and various amenities, this location benefits from easy access to community resources and public transport links. The property’s current condition suggests significant potential for value appreciation following upgrades and renovations. With council tax band A and leasehold tenure, this home presents an attractive investment opportunity. For those willing to undertake modernization efforts, it could become a comfortable residence or a valuable addition to a rental portfolio.

Investment Analysis

(BB9 area)

Below Market Value

This property is priced -57.7% below area average per sq ft

-57.7%
Potential saving
This Property
£63/sq ft
Area Average
£149/sq ft
Avg Rent (weekly)
£170
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£155,869
10% above area average per sq ft
Potential ROI
+73.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BB9)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 11.4%
5 year growth: 31.5%
Investment Disclaimer: Analysis based on BB9 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

Buccleuch Road, Nelson, Lancashire, BB9
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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
£220
Based on a loan of £45,000 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