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Brackenwood, Ramgreave, Blackburn, Lancashire, BB1

West Midlands

£290,000
Listed on 20/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1125 sqft

Description

This three-bedroom detached home, located in the tranquil cul-de-sac of Ramsgreave, presents an excellent opportunity for both families and investors looking to enhance a well-structured property. While the home boasts modern living spaces and attractive open field views, it offers potential for further investment through renovations. Upon entering, you are welcomed by a spacious hallway that leads into a lounge featuring neutral decor and abundant natural light from its front-facing windows. The integral garage could be transformed into additional living space or storage, contingent on planning approval. The heart of the home is an open-plan kitchen diner that, while already fitted with high-quality appliances and finishes, could benefit from personalization to match individual tastes or increase its value. The south-facing garden provides both relaxation and entertainment space with its patio and lawn areas. The upstairs features three sizable bedrooms including one with an ensuite, alongside a modern bathroom—ideal for family living yet offering scope for updates. This property not only benefits from scenic surroundings but also convenient access to local amenities and transport links across the Ribble Valley, Blackburn, and Preston, making it a solid investment opportunity.

Investment Analysis

(BB1 area)

Above Market Value

This property is priced +37.3% above area average per sq ft

+37.3%
This Property
£258/sq ft
Area Average
£188/sq ft
Avg Rent (weekly)
£183
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£232,279
10% above area average per sq ft
Potential ROI
-29.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
84%
Properties sold annually

Local Market Trend (BB1)

Area prices are falling by -4.3% over the last 12 months
3 year growth: +0.6%
5 year growth: +20.7%
Investment Disclaimer: Analysis based on BB1 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

Brackenwood, Ramgreave, Blackburn, Lancashire, BB1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,046
Based on a loan of £217,500 over 30 years at 4.06% 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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