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Burns Street, Nelson

West Midlands

£79,950
Listed on 25/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace property offers a promising opportunity for renovation and investment in the vibrant area of Nelson. With no onward chain, it stands ready for those looking to enter the property market or expand their investment portfolio. The layout includes a welcoming living room that captures natural light through a large front window, creating an inviting atmosphere. This space features a traditional design with a brick chimney breast and gas fire, providing a blank canvas for modern updates or personalization. Adjacent to the living area is a spacious dining kitchen located at the rear of the home. This versatile space can easily be transformed into a contemporary family hub, showcasing potential for extensive remodeling. It is already equipped with essential wall and base units, alongside ample room for dining arrangements and kitchen appliances. On the first floor, you'll find two well-sized bedrooms. The main bedroom boasts generous dimensions and built-in storage, ideal for creating a cozy retreat with some cosmetic enhancements. The second bedroom, also thoughtfully proportioned, can serve multiple functions—be it as a child's room, guest space, or home office—making it an adaptable asset in today’s flexible living arrangements. The property's bathroom complete with a four-piece suite further adds to its functionality. While currently practical as-is, this space offers scope for modernization to enhance both comfort and style. Externally, the low-maintenance yard at the rear presents opportunities for outdoor seating or gardening projects without demanding significant upkeep. Located conveniently on Burns Street, this home is within walking distance to local amenities such as shops, schools, parks, and transport links that connect residents to neighboring towns and cities. Its proximity to everyday conveniences makes it an appealing choice not only for first-time buyers but also for investors seeking reliable rental options in a thriving community. With thoughtful renovations and upgrades, this property holds substantial potential to become either a welcoming family residence or an attractive addition to any rental portfolio.

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

Burns Street, Nelson
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Mortgage Calculator

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£
£
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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 £59,962 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