Worst House on the Street Logo
Railway Street, Nelson - Image 1

Railway Street, Nelson

West Midlands

£50,000
Listed on 12/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
805 sqft

Description

This three-bedroom end-terrace property, situated on an elevated plot along Railway Street in Nelson, presents a significant opportunity for those looking to invest or renovate. Currently vacant, the home requires cosmetic updates that can transform it into a desirable living space or a profitable rental. The layout includes an entrance hallway leading to a generously sized reception room and a kitchen, complemented by a convenient storage area. The first floor accommodates three good-sized bedrooms along with a family bathroom. Externally, there is a front garden that could be enhanced further. Once modernized, this property is poised to become an attractive buy-to-let option or a comfortable family home, reflecting the strong rental demand in the area with values averaging around £850 - £900 per month. Located conveniently near local amenities and with excellent transport links to major routes, the potential for added value through renovation is evident.

Investment Analysis

(BB9 area)

Below Market Value

This property is priced -60.6% below area average per sq ft

-60.6%
Potential saving
This Property
£62/sq ft
Area Average
£158/sq ft
Avg Rent (weekly)
£162
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£139,732
10% above area average per sq ft
Potential ROI
+74.7%
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
56%
Properties sold annually

Local Market Trend (BB9)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +7.9%
5 year growth: +30.0%
Investment Disclaimer: Analysis based on BB9 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

Railway Street, Nelson
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£180
Based on a loan of £37,500 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates