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Redearth Road, Darwen, BB3

West Midlands

£80,000
Listed on 06/03/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

Introducing a spacious two-bedroom mid-terrace property located in the vibrant central area of Darwen, this home presents an excellent opportunity for investors and developers looking to unlock its full potential. Upon entry, you are greeted by a welcoming vestibule that flows into a sizeable lounge space, which is ideal for both casual living and hosting gatherings. Adjacent to the lounge is a well-designed kitchen/diner that offers plenty of storage options and workspace, providing ample opportunity for modern updates to tailor it to your own taste. The first floor accommodates two generously proportioned bedrooms that benefit from an abundance of natural light, creating versatile spaces suitable for various furnishing arrangements. The family bathroom is conveniently situated on this level, equipped with essential amenities and offering scope for enhancement or complete refurbishment. Set on a leasehold basis and classified under Council Tax Band A, the property promises manageable ongoing expenses. Its practical layout lends itself well to diverse uses—whether as a primary residence or as a rental asset—given its proximity to local shops, schools, and transport links within walking distance. Additionally, there is an enclosed rear yard that requires minimal upkeep, serving as either extra storage or a private relaxation area. Overall, this mid-terrace house provides significant potential for value addition through thoughtful renovations. Prospective buyers are encouraged to arrange viewings to fully grasp the flexibility and opportunities this property holds in a desirable location.

Investment Analysis

(BB3 area)
Area Average
£174/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.1%

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
42
Average per month
Market Turnover
58%
Properties sold annually

Local Market Trend (BB3)

Area prices are stable by +1.3% over the last 12 months
3 year growth: +8.2%
5 year growth: +21.0%
Investment Disclaimer: Analysis based on BB3 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

Redearth Road, Darwen, BB3
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£289
Based on a loan of £60,000 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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