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Chingford Bank, Burnley, BB10

West Midlands

£90,000
Listed on 16/03/2026

Property Details

Bedrooms
3
Type
Not Specified
Area
1012 sqft

Description

This property offers a promising opportunity for those looking to invest or renovate in a well-established residential area. With a solid foundation already in place, the home provides ample room for modernization and personalization, making it an appealing prospect for buyers eager to enhance value over time. The ground floor features a spacious lounge that seamlessly connects to a conservatory, allowing natural light to fill the space and creating an inviting atmosphere between indoor and outdoor living. The kitchen, while functional, leaves scope for future upgrades to suit modern lifestyles. On the upper level, you’ll find three generously sized bedrooms alongside a family bathroom, with layouts designed to accommodate family growth or provide flexibility for first-time buyers and investors alike. Outside, the expansive garden stands out as one of the property's key assets, offering significant potential for landscaping projects or outdoor enhancements that can elevate the home's overall charm. Overall, this property is sensibly priced considering its required updates, making it a strategic choice for those who envision turning this house into their ideal home.

Investment Analysis

(BB10 area)

Below Market Value

This property is priced -49.5% below area average per sq ft

-49.5%
Potential saving
This Property
£89/sq ft
Area Average
£176/sq ft
Avg Rent (weekly)
£147
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£195,923
10% above area average per sq ft
Potential ROI
+63.3%
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

Chingford Bank, Burnley, BB10
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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
£325
Based on a loan of £67,500 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.

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