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Oakwood Road, Accrington, Lancashire, BB5

West Midlands

£150,000
Listed on 22/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1137 sqft

Description

This three-bedroom end-of-terrace property presents a promising opportunity for those looking to invest in a renovation project. Available with no onward chain, the home requires internal modernization, making it an ideal canvas for creative buyers eager to add their personal touch. The property's advantageous location in Baxenden Village enhances its appeal, with nearby amenities including Howarth Art Gallery, Oak Hill Park, and access to local schools and transport links.<br><br>The ground floor features a traditional entrance vestibule leading into a neutral hallway that showcases fitted carpets and original elements. The living room boasts an open fire and charming views through its large window, while the dining room offers another open fireplace set against simple decor. The kitchen retains a classic pine design with ample storage but would benefit from contemporary updates.<br><br>Upstairs, you'll find three well-proportioned bedrooms, all neutrally decorated and ready for refurbishment. The family bathroom is equipped with essential fixtures but also calls for modernization.<br><br>The outdoor space includes a front garden that once served as part of an old road and a low-maintenance rear yard oriented towards the west. This property holds significant potential for renovation in a desirable area.

Investment Analysis

(BB5 area)

Below Market Value

This property is priced -13.1% below area average per sq ft

-13.1%
Potential saving
This Property
£132/sq ft
Area Average
£152/sq ft
Avg Rent (weekly)
£151
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£189,856
10% above area average per sq ft
Potential ROI
-0.1%
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

Oakwood 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
£549
Based on a loan of £112,500 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