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Water Street, Accrington, BB5

West Midlands

£80,000
Listed on 18/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
902 sqft

Description

This stone-built mid-terrace property stands as an excellent opportunity for investors or DIY enthusiasts eager to make their mark. Situated in close proximity to the amenities of Accrington town centre and The Coppice, it boasts convenient access to public transport and key commuter routes, making it a practical choice for families and professionals alike. Inside, the property offers two generously sized reception rooms that can be adapted for various uses, along with a kitchen that provides ample space for potential modernization or reconfiguration. The bathroom features a functional layout and presents a chance to upgrade to contemporary standards. On the upper floor, two spacious double bedrooms benefit from plenty of natural light and neutral decor, creating a blank canvas for personalization. The home retains traditional character elements that could be beautifully enhanced through careful renovation. This mid-terrace residence is ideal for buyers looking to engage in a rewarding project or expand their investment portfolio while adding considerable value. The location further enhances its appeal with nearby shops, schools, leisure facilities, and scenic walking paths at The Coppice just minutes away. With its robust stone structure, generous living spaces, and promising location, this property offers significant renovation potential in a desirable area.

Investment Analysis

(BB5 area)

Below Market Value

This property is priced -40.3% below area average per sq ft

-40.3%
Potential saving
This Property
£89/sq ft
Area Average
£148/sq ft
Avg Rent (weekly)
£158
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£147,292
10% above area average per sq ft
Potential ROI
+28.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
84%
Properties sold annually

Local Market Trend (BB5)

Area prices are stable by -0.7% over the last 12 months
3 year growth: +3.9%
5 year growth: +24.2%
Investment Disclaimer: Analysis based on BB5 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

Water Street, Accrington, BB5
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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
£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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