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40. Ferndale Street, Burnley, South Yorkshire BB10 3EP - Image 1
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40. Ferndale Street, Burnley, South Yorkshire BB10 3EP - Image 8

40. Ferndale Street, Burnley, South Yorkshire BB10 3EP

West Midlands

£50,000
Listed on 13/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace house presents a solid investment opportunity situated in a well-established area of Burnley. With approximately 71.86 m² (774 sq ft) of living space spread over two levels, the property retains several original features that could be highlighted through thoughtful cosmetic upgrades. The layout includes a welcoming entrance hall leading to a front living room with a characteristic fireplace and built-in storage, along with a spacious dining room perfect for family gatherings. A fitted kitchen offers access to the rear yard, which provides additional outdoor space. The first floor comprises two bedrooms and a family bathroom equipped with essentials. The enclosed rear yard adds privacy and functionality, making it an ideal spot for relaxation or small gatherings. Located conveniently close to local amenities, schools, and transport links, including swift connections to Manchester and the M65 motorway network, this property is poised to attract both tenants and homeowners seeking renovation potential. Investors will find that after some cosmetic updates, it could yield attractive rental returns given the high tenant demand in the area. This property represents an ideal opportunity for those looking to enter the buy-to-let market or embark on a rewarding renovation project.

Investment Analysis

(BB10 area)
Area Average
£174/sq ft
Avg Rent (weekly)
£150
Avg Yield
3.8%

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
42
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (BB10)

Area prices are falling by -8.4% over the last 12 months
3 year growth: +12.1%
5 year growth: +35.3%
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

40. Ferndale Street, Burnley, South Yorkshire BB10 3EP
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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
£177
Based on a loan of £37,500 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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