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Carleton Street, Nelson, Lancashire, BB9

West Midlands

£85,000
Listed on 08/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

Nestled in a sought-after residential area of Nelson, this two-bedroom mid-terrace property presents a promising opportunity for those ready to undertake a renovation project. The layout includes two generous reception rooms and a fitted kitchen, along with a three-piece bathroom, providing a solid foundation for potential enhancements. The ground floor features a bright lounge that welcomes natural light, creating an inviting space for relaxation. Adjacent to the lounge is a spacious dining room, which could easily serve as an additional living area or be reimagined to suit your lifestyle needs. The kitchen is equipped with both base and wall units, offering ample storage while also presenting opportunities for modern updates and personal design choices. Upstairs, the property boasts two well-proportioned bedrooms. The main bedroom is particularly spacious and situated at the front, making it a comfortable retreat. The second bedroom offers versatile usage options—perfect as a guest room, child's bedroom, or even a home office. The bathroom features essential amenities including a bath with an overhead shower, WC, and wash basin. Externally, the property includes a small forecourt at the front and a yard at the rear—both areas that can be utilized creatively to enhance outdoor living spaces. This home’s location adds to its appeal; it is conveniently situated near local schools, shops, and transport links. This accessibility not only enhances daily living but also positions the property as an attractive option for future tenants or buyers. With significant scope for modernization and personal touches throughout, this residence is ideal for first-time buyers seeking to add value over time or investors looking to capitalize on its renovation potential in this desirable neighborhood.

Investment Analysis

(BB9 area)
Area Average
£149/sq ft
Avg Rent (weekly)
£170
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Carleton Street, Nelson, Lancashire, BB9
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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
£311
Based on a loan of £63,750 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