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Fairfield Avenue, Edgeside, Waterfoot

West Midlands

£140,000
Listed on 27/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached three-bedroom residence offers a versatile layout with two reception areas across its two levels, complemented by a bathroom. Currently in average condition, it stands as a solid investment opportunity for those looking to reimagine the space. With no onward chain, swift access to the property is facilitated, making it attractive for both investors and developers eager to capitalize on its potential.<br><br>Nestled within expansive rear gardens, the home not only provides stunning rural vistas but also ample space for redesign or extension options. The property's advantageous location enhances its appeal, being in proximity to well-regarded local schools, parks, and essential amenities while retaining easy access to scenic countryside.<br><br>Although modernization is required to unlock its full potential, this property serves as an excellent blank canvas for personal touches and upgrades. Its structure allows a range of refurbishment possibilities that could significantly enhance both comfort and value.<br><br>** GROUND FLOOR **<br>LOUNGE - 3.3m x 3.0m (10.8ft x 9.8ft)<br>RECEPTION ROOM - 4.08m x 3.6m (13.4ft x 11.8ft)<br>KITCHEN - 3.6m x 2.6m (11.8ft x 8.5ft)<br>WC - 1.4m x 0.8m (4.6ft x 2.6ft)<br><br>** FIRST FLOOR **<br>MASTER BEDROOM - 4.5m x 3.6m (14.8ft x 11.8ft) with picturesque views<br>BEDROOM 2 - 2.8m x 2.7m (9.2ft x 8.9ft) enjoying lovely rear outlooks<br>BEDROOM 3 - currently used as storage at dimensions of 3m x 3m (9.8ft x 9.8ft)<br>BATHROOM - fitted with standard amenities<br><br>The external area includes a welcoming front garden alongside a spacious rear garden featuring a patio ideal for outdoor activities.<br><br>The surrounding area of Waterfoot in the Rossendale Valley is historically rich, known for its industrial past and community-driven cultural revitalization efforts that are currently underway.

Investment Analysis

(BB4 area)
Area Average
£233/sq ft
Avg Rent (weekly)
£179
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (BB4)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 0.8%
5 year growth: 23.4%
Investment Disclaimer: Analysis based on BB4 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

Fairfield Avenue, Edgeside, Waterfoot
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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
£513
Based on a loan of £105,000 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