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Matthew Street, Blackburn

West Midlands

£82,000
Listed on 30/03/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1023 sqft

Description

This end-terrace property, available for online auction on April 22-23, 2026, presents a prime investment opportunity in Blackburn. The home features three spacious bedrooms along with two reception rooms and a kitchen at ground level. While currently vacant, its neutral interior allows for immediate occupancy but offers significant potential for modernization to enhance both comfort and value. The exterior includes a rear garden, adding to the property's appeal for families or tenants. Situated in a desirable neighborhood close to local amenities, schools, and transport links, this property is well-positioned for rental income or resale profit. Recent sales in the area indicate strong growth potential, with comparable properties achieving prices up to £125,000. With rental values expected around £750-£800 per month, this property is an attractive prospect for landlords seeking steady cash flow.

Investment Analysis

(BB2 area)

Below Market Value

This property is priced -59.5% below area average per sq ft

-59.5%
Potential saving
This Property
£80/sq ft
Area Average
£198/sq ft
Avg Rent (weekly)
£183
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£222,528
10% above area average per sq ft
Potential ROI
+108.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (BB2)

Area prices are falling by -4.3% over the last 12 months
3 year growth: +11.8%
5 year growth: +19.5%
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

Matthew Street, Blackburn
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£290
Based on a loan of £61,500 over 30 years at 3.91% 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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