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1 St. James close, Blackburn, Lancashire, BB2 - Image 3
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1 St. James close, Blackburn, Lancashire, BB2

West Midlands

£248,000
Listed on 22/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
818 sqft

Description

This property presents a unique opportunity to acquire a recently renovated bungalow situated within secure, privately enclosed grounds. The premises are fitted with perimeter fencing, ensuring a safe environment suitable for various residential purposes, including specialist services. The location is tranquil and secure, making it an ideal setting for supported living facilities, care homes, or children's residences. Additionally, the property comes with extra land that holds significant potential for further development—whether you wish to construct additional bungalows or establish more supported-living units (subject to relevant planning permissions). This offering is particularly appealing due to its privacy and the opportunities it presents for future expansion.

Investment Analysis

(BB2 area)

Above Market Value

This property is priced +58.6% above area average per sq ft

+58.6%
This Property
£303/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
£171,997
10% above area average per sq ft
Potential ROI
-38.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

1 St. James close, 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
£908
Based on a loan of £186,000 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