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Hermitage St, Rishton, Lancashire, BB1

West Midlands

£80,000
Listed on 25/03/2026

Property Details

Bedrooms
2
Type
House

Description

Situated in the vibrant community of Rishton, just a stone's throw from Blackburn, this two-bedroom mid-terrace home presents an excellent opportunity for those looking to add personal touches or undertake a renovation project. The property features two spacious reception rooms on the ground floor that offer versatile living and dining options, complemented by a separate kitchen that opens into a low-maintenance rear yard. Upstairs, you'll find a sizable double bedroom alongside a comfortable single room, as well as a modern bathroom complete with a walk-in shower. Being chain-free enhances its appeal for first-time buyers or investors eager to create value in a desirable residential location.

Investment Analysis

(BB1 area)
Area Average
£193/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.3%

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
40
Average per month
Market Turnover
75%
Properties sold annually

Local Market Trend (BB1)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +1.8%
5 year growth: +25.0%
Investment Disclaimer: Analysis based on BB1 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

Hermitage St, Rishton, Lancashire, BB1
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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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