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Mercer Street, Great Harwood, BB6 - Image 1
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Mercer Street, Great Harwood, BB6

West Midlands

£84,950
Listed on 24/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
863 sqft

Description

This two-bedroom terraced house, constructed from durable stone, is located in the heart of Great Harwood, presenting an exciting opportunity for renovation and investment. Upon entering, you will find a welcoming living area that flows into a dining space, offering distinct zones ideal for both relaxation and entertainment. The kitchen at the back of the property is ripe for modernisation, providing the chance to create an appealing culinary space tailored to your preferences. The first floor hosts two spacious double bedrooms that would serve well for personal use or as rental units. The home's layout is flexible enough to accommodate various living arrangements, enhancing its appeal to potential tenants or future residents. Situated just a short walk from the amenities of Great Harwood town centre—where local shops, eateries, and essential services abound—this property also benefits from easy access to significant transport links connecting you to nearby towns and cities. This residence offers a fantastic chance for those looking to invest in a property with considerable refurbishment potential. With no onward chain, it presents an efficient route for prospective buyers eager to secure an investment or new dwelling without complications. Seize this rare opportunity to infuse your style into this charming home in a desirable locale.

Investment Analysis

(BB6 area)

Below Market Value

This property is priced -48.2% below area average per sq ft

-48.2%
Potential saving
This Property
£98/sq ft
Area Average
£190/sq ft
Avg Rent (weekly)
£157
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£180,225
10% above area average per sq ft
Potential ROI
+63.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BB6)

Area prices are rising by +12.1% over the last 12 months
3 year growth: 11.1%
5 year growth: 36.8%
Investment Disclaimer: Analysis based on BB6 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

Mercer Street, Great Harwood, BB6
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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
£311
Based on a loan of £63,712 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