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Haywood Road, Accrington, Lancashire, BB5 - Image 1
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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 home presents a compelling renovation opportunity in a desirable area. While the property requires extensive modernization, its generous room sizes and solid structure offer a blank canvas for those looking to invest and create a living space that reflects their personal style. The home's layout includes a welcoming hallway that leads to an ample living room, characterized by a bay window that allows natural light to brighten the space. Adjacent to this is a functional dining room with classic features such as a fireplace and views of the rear garden, making it suitable for both daily living and entertaining. The kitchen, though in need of updating, offers potential for customization with plenty of room for cabinetry and workspace, along with direct access to the outdoor garden. On the upper floor, you'll find three well-proportioned bedrooms and a family bathroom. The main bedroom is spacious enough to accommodate a king-sized bed alongside additional furnishings, while the second bedroom overlooks the garden. The smaller third bedroom can serve multiple purposes, from serving as a cozy guest room to being transformed into a home office or dressing area. There’s also considerable opportunity in the existing bathroom; redesigning it could easily convert it into a more luxurious four-piece suite. Externally, the property features a good-sized private rear garden that not only provides outdoor space but also potential for landscaping or gardening projects. A large detached garage offers practical advantages—whether for parking vehicles, extra storage solutions, or even possible conversion (subject to planning permission). The front garden further enhances the property’s appeal. Situated just moments away from extensive public transport options and local amenities, this property is ideally located for accessibility while maintaining a residential charm. With no onward chain involved, this home represents an excellent chance for cash buyers looking to invest in an area with promising potential.

Investment Analysis

(BB5 area)

Below Market Value

This property is priced -40.8% below area average per sq ft

-40.8%
Potential saving
This Property
£90/sq ft
Area Average
£152/sq ft
Avg Rent (weekly)
£151
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£148,612
10% above area average per sq ft
Potential ROI
+14.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (BB5)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 3.8%
5 year growth: 29.3%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£293
Based on a loan of £60,000 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