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Waterbarn Street, Burnley

West Midlands

£65,000
Listed on 20/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
794 sqft

Description

Positioned in a well-regarded area of Burnley, this terraced home offers promising investment potential for buyers looking to enhance value through renovations. The property features a comfortable lounge and kitchen on the ground floor, while the first floor houses two bedrooms and a bathroom, presenting a blank canvas for personalisation. With proximity to local amenities including Burnley Hospital and convenient access to nearby towns such as Colne and Nelson, this home is ideally suited for either rental investors or first-time buyers eager to apply their vision. Although some cosmetic updates are needed inside, the space allows for creative improvements that could significantly increase its appeal.

Investment Analysis

(BB10 area)

Below Market Value

This property is priced -53.5% below area average per sq ft

-53.5%
Potential saving
This Property
£82/sq ft
Area Average
£176/sq ft
Avg Rent (weekly)
£147
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£153,718
10% above area average per sq ft
Potential ROI
+80.8%
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

Waterbarn Street, Burnley
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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
£234
Based on a loan of £48,750 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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