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Wilfred Street, Accrington, BB5

West Midlands

£55,000
Listed on 24/01/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terraced house offers a promising renovation opportunity in a desirable location. With no onward chain, this leasehold property is part of a charming stone terrace that exudes character while presenting ample scope for modernisation. The layout features two adaptable reception rooms, which can serve as comfortable living and dining areas or be repurposed into home office space, catering to contemporary needs. The separate kitchen has potential for redesign to meet modern standards and tastes. On the upper level, both bedrooms are generously sized and filled with natural light, providing flexibility for storage solutions or further enhancements. The family bathroom is conveniently located on the first floor and presents an opportunity for personalisation with new finishes and styles. Strategically positioned close to local transport links, this property appeals to commuters as well as families seeking accessibility to surrounding towns and cities. Its chain-free status simplifies the purchase process, making it suitable for both first-time buyers and investors looking to add value through refurbishment. The charming stone exterior complements the interior's blank canvas, allowing new owners to tailor their living experience perfectly. This property holds significant investment potential in a sought-after area; early viewing is advisable to fully appreciate its renovation possibilities.

Investment Analysis

(BB5 area)
Area Average
£151/sq ft
Avg Rent (weekly)
£159
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
73%
Properties sold annually

Local Market Trend (BB5)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +2.8%
5 year growth: +25.0%
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

Wilfred Street, Accrington, BB5
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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
£198
Based on a loan of £41,250 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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