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Bright Street, Padiham, Lancashire, BB12 - Image 9

Bright Street, Padiham, Lancashire, BB12

West Midlands

£74,950
Listed on 10/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
600 sqft

Description

This mid-terraced home, located in Padiham, presents a promising opportunity for those looking to invest or personalize their living space. Featuring two bedrooms, a well-proportioned lounge, and a kitchen/dining area at the rear, the property offers a functional layout that is ripe for refurbishment. The first floor houses two bedrooms alongside a bathroom, while the rear yard provides a simple outdoor space that requires minimal upkeep. Positioned conveniently near the town centre, residents will benefit from easy access to local shops, schools, and transport links to Burnley and beyond. Although the property needs updating throughout, it is chain-free and perfect for first-time buyers eager to make their mark or investors in search of a renovation project with good potential for value enhancement.

Investment Analysis

(BB12 area)

Below Market Value

This property is priced -29.1% below area average per sq ft

-29.1%
Potential saving
This Property
£125/sq ft
Area Average
£176/sq ft
Avg Rent (weekly)
£166
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£116,259
10% above area average per sq ft
Potential ROI
+16.3%
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

Bright Street, Padiham, Lancashire, 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
£265
Based on a loan of £56,212 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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