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Burnley Road, Hapton, Burnley, Lancashire, BB11 - Image 1
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Burnley Road, Hapton, Burnley, Lancashire, BB11

West Midlands

£115,000
Listed on 01/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
850 sqft

Description

This two-bedroom semi-detached bungalow presents a noteworthy opportunity for those keen on renovation or investment in the picturesque village of Hapton. Nestled amidst beautiful countryside, the property is conveniently located just a short drive from Padiham, Burnley, and Accrington, making it an attractive option for commuters. The nearby M65 motorway provides easy access to major urban centers, including Manchester. The bungalow itself features a functional layout that includes a welcoming hallway, a cozy living room, a fitted kitchen, two bedrooms, and a shower room. Additionally, there is a utility lean-to that offers extra versatility for storage or as an additional workspace. Gas central heating and double glazing are already installed, adding to the potential for comfortable living even during renovations. Outside, the property boasts a pleasant rear garden—a tranquil space that could be transformed into an ideal outdoor retreat. The front of the bungalow provides off-road parking for two to three vehicles, enhancing its practicality for residents and visitors alike. While the interior requires modernization and improvement, this allows buyers to customize their home according to personal taste and design preferences. With the combination of its charming location and significant renovation potential, this property is well-suited for investors looking to enhance value or individuals seeking a project in a semi-rural setting.

Investment Analysis

(BB11 area)

Above Market Value

This property is priced +6.8% above area average per sq ft

+6.8%
This Property
£135/sq ft
Area Average
£127/sq ft
Avg Rent (weekly)
£142
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£118,465
10% above area average per sq ft
Potential ROI
-18.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (BB11)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 6.6%
5 year growth: 45.9%
Investment Disclaimer: Analysis based on BB11 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

Burnley Road, Hapton, Burnley, Lancashire, BB11
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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
£421
Based on a loan of £86,250 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