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Haywood Road, Accrington, Lancashire, BB5

West Midlands

£80,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
890 sqft

Description

This three-bedroom terraced property presents an excellent opportunity for cash buyers looking to invest in a home that requires complete refurbishment. With spacious rooms and significant potential, this residence allows for personal customization to create a tailored living space. The property includes a sizable rear garden, a garage with possibilities for conversion (subject to planning permission), and is positioned conveniently near local amenities and transport links in Accrington. Upon entry, you will find a large hallway that leads into a bright living room enhanced by a bay window and traditional fireplace, creating an inviting ambiance. The adjoining dining room also features a fireplace and offers scenic views of the private rear garden. The kitchen provides ample scope for redesign, offering direct access to the outdoors. The first floor features three good-sized bedrooms, including a main bedroom that can easily accommodate larger furnishings. One of the additional bedrooms overlooks the garden, while the third can serve as an office or dressing room. The bathroom has potential for reconfiguration to enhance its value further. Externally, the generous garden enhances privacy and space while the front garden adds curb appeal. This property is marketed with no onward chain, making it ideal for those seeking an investment opportunity to maximize value through extensive renovation.

Investment Analysis

(BB5 area)

Below Market Value

This property is priced -40.6% below area average per sq ft

-40.6%
Potential saving
This Property
£90/sq ft
Area Average
£151/sq ft
Avg Rent (weekly)
£159
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£148,270
10% above area average per sq ft
Potential ROI
+23.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
73%
Properties sold annually

Local Market Trend (BB5)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +2.8%
5 year growth: +25.0%
Investment Disclaimer: Analysis based on BB5 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

Haywood Road, Accrington, Lancashire, BB5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£289
Based on a loan of £60,000 over 30 years at 4.06% 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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