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Rylands Street, Burnley, Lancashire, BB10

West Midlands

£45,000
Listed on 22/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
680 sqft

Description

This two-bedroom mid-terrace home, located in the sought-after Colne Road area of Burnley, presents a compelling opportunity for both investors and those looking to undertake a refurbishment project. The property requires significant updating and repairs, offering the potential for substantial value enhancement once modernised. The layout includes a living room and kitchen on the ground floor, with two bedrooms and a shower room upstairs. Externally, it features an enclosed rear yard for outdoor space. Notable benefits include gas central heating and double glazing already installed. Its prime location provides convenient access to local amenities like Lidl and regular bus services, making it an ideal candidate for buy-to-let or renovation projects. Given the increasing demand in this neighbourhood, early interest is encouraged.

Investment Analysis

(BB10 area)

Below Market Value

This property is priced -61.4% below area average per sq ft

-61.4%
Potential saving
This Property
£66/sq ft
Area Average
£171/sq ft
Avg Rent (weekly)
£140
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£128,245
10% above area average per sq ft
Potential ROI
+50.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
76%
Properties sold annually

Local Market Trend (BB10)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +11.9%
5 year growth: +39.8%
Investment Disclaimer: Analysis based on BB10 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

Rylands Street, Burnley, Lancashire, BB10
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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
£162
Based on a loan of £33,750 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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