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70 Shorrock Lane, Blackburn BB2 4PS

West Midlands

£15,000
Listed on 04/03/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terrace house offers a fantastic investment opportunity in the sought-after Mill Hill area of Blackburn. While the property requires refurbishment, it presents an excellent chance for buyers to enhance its value through strategic renovations. The location is advantageous, with easy access to Blackburn's town center and local amenities, making it suitable for rental purposes. Comparable properties in the vicinity are reportedly generating around £950 per month in rental income, highlighting strong demand and potential for solid returns. The accommodation includes two bedrooms, a family bathroom, and essential living spaces on the ground floor including a lounge and kitchen, along with outdoor gardens. With vacant possession available upon completion, this property is ready for new owners looking to invest wisely and improve upon its existing foundation.

Investment Analysis

(BB2 area)
Area Average
£197/sq ft
Avg Rent (weekly)
£204
Avg Yield
4.7%

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
60
Average per month
Market Turnover
78%
Properties sold annually

Local Market Trend (BB2)

Area prices are falling by -2.1% over the last 12 months
3 year growth: +13.7%
5 year growth: +19.8%
Investment Disclaimer: Analysis based on BB2 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

70 Shorrock Lane, Blackburn BB2 4PS
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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
£54
Based on a loan of £11,250 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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