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Garbett Street, Accrington, Lancashire, BB5

West Midlands

£105,000
Listed on 26/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
995 sqft

Description

Introducing a well-positioned two-bedroom terraced house, this property is presented to the market without a chain, making it an ideal prospect for buyers keen on renovation. The home boasts generous room sizes and a modern bathroom, with particular emphasis on its expansion potential; the loft space may offer great opportunities for conversion, subject to planning approval. This property presents itself as a blank canvas for first-time buyers or small families looking to personalize their living space. Its location near essential amenities and robust transport links enhances its appeal as an investment opportunity. Upon entry, the home welcomes you into a hallway leading to a cosy living area featuring fitted carpets and a gas fire—perfect for those relaxing evenings. The spacious dining room, equipped with under-stairs storage and fireplace, integrates conveniently with the kitchen which is practical yet offers scope for further enhancement. A downstairs WC allows for the possibility of transforming it into a shower room. The first floor comprises two well-sized double bedrooms alongside a family bathroom that features modern fittings. Notably, the main bedroom's size permits additional furniture placement while the second bedroom includes built-in storage solutions. The loft area presents exciting potential for increased living space, tapping into the growing trend of loft conversions in similar properties. Externally, both front and rear yards provide some outdoor space, adding to the property's overall practicality. This home represents an attractive renovation project in a thriving community—a perfect fit for investors or those seeking to create their dream home.

Investment Analysis

(BB5 area)

Below Market Value

This property is priced -30.5% below area average per sq ft

-30.5%
Potential saving
This Property
£106/sq ft
Area Average
£152/sq ft
Avg Rent (weekly)
£151
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£166,145
10% above area average per sq ft
Potential ROI
+27.8%
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

Garbett Street, 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
£385
Based on a loan of £78,750 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