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Hermitage St, Rishton, Lancashire, BB1

West Midlands

£85,000
Listed on 10/02/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom mid-terrace property, located in the vibrant community of Rishton near Blackburn, presents an enticing opportunity for buyers eager to implement their own designs and enhancements. The ground floor comprises two spacious reception rooms that can be adapted for various uses, along with a separate kitchen that opens onto a manageable rear yard. Upstairs, you will find a generous double bedroom and a cozy single bedroom, complemented by a modern bathroom featuring a walk-in shower. With no onward chain, this home is well-suited for first-time buyers looking to personalize their space or investors aiming to renovate for rental potential. It's an excellent chance to transform this residence into a desirable home within a sought-after locale.

Investment Analysis

(BB1 area)
Area Average
£188/sq ft
Avg Rent (weekly)
£183
Avg Yield
4.6%

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
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

Hermitage St, Rishton, 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
£307
Based on a loan of £63,750 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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