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St Marys Street, Nelson, BB9

West Midlands

£65,000
Listed on 22/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terraced home is ideally located within close proximity to the amenities of Nelson town centre. While the property would benefit from some updating, it presents a significant opportunity for investment or personalisation, making it a promising project for those looking to enhance its value. The layout includes a living room and a dining kitchen with essential fixtures such as a sink unit and gas-fired boiler. Upstairs, you will find two bedrooms along with a bathroom featuring a three-piece suite. The rear yard offers outdoor space that could be utilised further. This property is leasehold with an extended lease offering ample time for future development. Given its condition, it's important to note that certain features may require assessment for functionality, providing a blank canvas for prospective buyers.

Investment Analysis

(BB9 area)
Area Average
£149/sq ft
Avg Rent (weekly)
£170
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BB9)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 11.4%
5 year growth: 31.5%
Investment Disclaimer: Analysis based on BB9 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

St Marys Street, Nelson, BB9
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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
£238
Based on a loan of £48,750 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