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Wellfield Drive, Burnley, BB12

West Midlands

£199,950
Listed on 02/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1105 sqft

Description

This two-bedroom bungalow represents a promising canvas for buyers eager to infuse their personal touch and modernize the space. The well-thought-out internal layout features a spacious living room bathed in natural light from a generous window, along with a sunroom that offers a tranquil view of the rear garden—perfect as a cozy retreat or casual dining area. Centrally located, the kitchen holds substantial potential for a contemporary redesign that could create an open-plan environment suited for today's lifestyle. Both bedrooms are well-sized, providing versatile options for guests or even as dedicated home offices. An additional bathroom and practical hallway storage round out the floor plan, highlighting areas ripe for renovation. Outside, the bungalow boasts a sizable garden with existing features like a greenhouse and patio, offering ample opportunity for landscaping or personalizing the outdoor space to fit your needs. Located near Ightenhill Park, this property not only enjoys proximity to green areas but also benefits from local amenities and convenient transport links.

Investment Analysis

(BB12 area)

Above Market Value

This property is priced +2.7% above area average per sq ft

+2.7%
This Property
£181/sq ft
Area Average
£176/sq ft
Avg Rent (weekly)
£166
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£214,110
10% above area average per sq ft
Potential ROI
-6.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (BB12)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -4.7%
5 year growth: +6.7%
Investment Disclaimer: Analysis based on BB12 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

Wellfield Drive, Burnley, BB12
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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
£708
Based on a loan of £149,962 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.

Stamp Duty Calculator

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