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Heys Lane, Blackburn, Lancashire, BB2

West Midlands

£220,000
Listed on 29/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
840 sqft

Description

This two-bedroom cottage in Livesey presents a unique opportunity for both comfortable living and future development. As you enter, the inviting porch leads into a spacious open-plan reception and dining area that showcases charming period features, creating a warm atmosphere perfect for both relaxation and social gatherings. The kitchen is bright and airy, enhanced by a Velux window that allows natural light to flood the space, providing an excellent backdrop for culinary endeavors. Upstairs, you'll find two generously sized bedrooms: a larger double room and a versatile smaller bedroom that can serve as a guest space, nursery, or home office. The family bathroom complements the upstairs layout well. One of the most compelling aspects of this property is the outdoor space, which comes with full planning permission for a four-bedroom detached house. This offers significant investment potential, allowing you to either develop additional housing or design an expansive family home while retaining the existing cottage's charm. Set in a tranquil location that balances peaceful living with accessibility to local amenities, this property stands as both a characterful residence and an appealing investment opportunity. Whether you're looking to renovate or expand, this cottage offers numerous possibilities for future growth.

Investment Analysis

(BB2 area)

Above Market Value

This property is priced +37.0% above area average per sq ft

+37.0%
This Property
£262/sq ft
Area Average
£191/sq ft
Avg Rent (weekly)
£187
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£176,623
10% above area average per sq ft
Potential ROI
-29.4%
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

Heys Lane, 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
£806
Based on a loan of £165,000 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