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Bridge Street, Padiham, Burnley

West Midlands

£99,950
Listed on 01/02/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

Nestled in a tranquil and desirable area, this property on Bridge Street presents an attractive opportunity for both first-time buyers and investors. Conveniently situated near Memorial Park and with quick access to major motorways connecting Manchester, Leeds, and Preston, its location is ideal for commuting. The expected rental yield stands at approximately £750 per month, making it a promising investment. Upon entering, you are welcomed into a vestibule leading to a cozy lounge that features a gas fireplace as its centerpiece. Adjacent to the lounge is a dining area which also enjoys the warmth of another gas fire. The extended kitchen boasts a spacious galley layout filled with white cabinetry and contrasting surfaces, providing ample storage. There is an option to open up the kitchen by removing the wall between it and the dining room, creating an inviting open-plan family space that could enhance both functionality and market value. The first floor comprises two well-sized bedrooms: a roomy double and a single bedroom equipped with fitted wardrobes for additional storage. The bathroom contains a basic three-piece suite including a low-level WC, pedestal sink, and bath with overhead shower. Externally, the property features an enclosed rear yard. While it requires modernisation throughout, this home offers significant potential for enhancements that can provide value addition and personalisation.

Investment Analysis

(BB12 area)
Area Average
£174/sq ft
Avg Rent (weekly)
£159
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
63%
Properties sold annually

Local Market Trend (BB12)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -9.8%
5 year growth: +6.8%
Investment Disclaimer: Analysis based on BB12 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

Bridge Street, Padiham, Burnley
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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
£360
Based on a loan of £74,962 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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