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Whalley Road, Accrington, Lancashire, BB5

West Midlands

£349,995
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
3991 sqft

Description

This substantial four-bedroom detached Victorian home presents an exciting opportunity for renovation and investment. With no onward chain, this mid-19th century property is ideal for cash buyers and families eager to create a bespoke living space tailored to their needs. The residence boasts an impressive layout, featuring four reception rooms, including a conservatory extension that enhances the ground floor's grandeur. There is also a conveniently located downstairs WC. The potential for modernization is clear; the interior requires significant updating to bring it into the 21st century while maintaining its original period charm. The extensive cellar—comprising six distinct spaces—offers additional possibilities for conversion, potentially adding valuable living areas or storage options. On the first floor, you'll find four bedrooms along with two en-suites and a family bathroom, suggesting good potential for reconfiguring the space to maximize usability and comfort. The low-maintenance paved garden surrounding the property adds convenience, while the rear driveway allows off-road parking for multiple vehicles. Situated in Altham West, this property benefits from easy access to local schools, amenities, and transport links to Blackburn and Burnley as well as major motorways. This home represents an excellent project for those looking to invest in a promising location and create their forever home.

Investment Analysis

(BB5 area)

Below Market Value

This property is priced -42.2% below area average per sq ft

-42.2%
Potential saving
This Property
£88/sq ft
Area Average
£152/sq ft
Avg Rent (weekly)
£151
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£666,417
10% above area average per sq ft
Potential ROI
+55.0%
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

Whalley 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
£1,282
Based on a loan of £262,496 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