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Redlam, Griffin, Blackburn, Lancashire, BB2

West Midlands

£75,000
Listed on 16/03/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace property, available chain-free, presents a promising canvas for those seeking to invest in a home that could benefit from modernisation. The residence includes two spacious reception rooms with high ceilings, creating an inviting atmosphere. At the rear, a separate kitchen provides practical functionality with direct access to a good-sized yard, perfect for outdoor relaxation or simple landscaping efforts. The upper floor houses two double bedrooms, one notably larger than the other, along with a family bathroom featuring a traditional three-piece suite. Located in the desirable Witton area, this property offers convenient access to local amenities including schools and shops, as well as excellent transport links to Blackburn town centre and the M65 motorway. This is an ideal opportunity for first-time buyers or investors looking to enhance value in a well-connected neighbourhood.

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

Redlam, Griffin, Blackburn, Lancashire, BB2
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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
£270
Based on a loan of £56,250 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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