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Townley Street, Briercliffe, Burnley

West Midlands

£60,000
Listed on 28/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
689 sqft

Description

This property offers a prime opportunity for renovators and investors looking to capitalize in the desirable Briercliffe area of Burnley. Although currently requiring a complete refurbishment, it presents a blank canvas ripe for transformation into a modern family home or a profitable rental asset. The traditional layout includes well-sized reception areas and two bedrooms, which can be reimagined to enhance space and functionality. The kitchen retains some character features, including an original fireplace, which could be preserved during renovations to add charm. Its location benefits from strong local demand, enhancing its investment appeal for potential buyers seeking properties with substantial growth prospects. This property stands out as a strategic acquisition for those willing to invest time and resources into revitalizing it. Viewings are strongly recommended to fully grasp the renovation possibilities available.

Investment Analysis

(BB10 area)

Below Market Value

This property is priced -50.5% below area average per sq ft

-50.5%
Potential saving
This Property
£87/sq ft
Area Average
£176/sq ft
Avg Rent (weekly)
£147
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£133,390
10% above area average per sq ft
Potential ROI
+33.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
83%
Properties sold annually

Local Market Trend (BB10)

Area prices are stable by -0.4% over the last 12 months
3 year growth: +14.9%
5 year growth: +42.5%
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

Townley Street, Briercliffe, 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
£216
Based on a loan of £45,000 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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