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Wensley Road, Blackburn, Lancashire, BB2

West Midlands

£70,000
Listed on 09/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
840 sqft

Description

This two-bedroom terraced house offers a significant opportunity for renovation and investment, ideal for those looking to customize their living space or enhance its market value. The property requires updating, providing a blank canvas for new owners to infuse their personal style and preferences. The interior features a well-proportioned layout with a comfortable reception area that can accommodate both relaxation and entertaining. The kitchen is equipped with various wall and base units, presenting an opportunity for reconfiguration or modern upgrades to create a more functional culinary space. Additionally, there are practical utility and storage rooms that further extend the potential utility of the home. Upstairs, the two bedrooms are spacious and well-lit, each offering ample room for personalization. The bathroom is currently basic but has the potential to be transformed into a modern suite with thoughtful design choices. Location plays a crucial role in this property's appeal. It is situated near excellent public transport links that facilitate easy access to Blackburn town center. Families will appreciate the proximity to reputable schools, making it an attractive option for those with children. For outdoor enthusiasts, nearby walking routes provide opportunities for leisure activities in nature. In summary, this property represents an exciting chance for investors or first-time buyers looking to take on a project that allows them to create their ideal home while potentially increasing its value through renovation. Given its solid structure and advantageous location, this terraced house is poised to be transformed into a welcoming family residence or an appealing rental investment.

Investment Analysis

(BB2 area)

Below Market Value

This property is priced -56.4% below area average per sq ft

-56.4%
Potential saving
This Property
£83/sq ft
Area Average
£191/sq ft
Avg Rent (weekly)
£187
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£176,623
10% above area average per sq ft
Potential ROI
+76.6%
After renovation
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

Wensley Road, 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
£256
Based on a loan of £52,500 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