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Monk Street, Accrington, BB5

West Midlands

£100,000
Listed on 27/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1002 sqft

Description

This two-bedroom mid-terrace property presents a solid foundation for those looking to invest or make their mark. Set in a desirable residential area of the West Midlands, it offers great access to local amenities, schools, and transport links while being available with no onward chain. Upon entering, you're greeted by a spacious hallway that leads into two well-lit reception rooms with flexible layouts, ideal for reconfiguring to meet modern living standards. The kitchen is located at the rear and provides ample storage solutions along with enough room for upgrading to a stylish and functional space. On the first floor, you'll find two versatile bedrooms that can serve as sleeping quarters or workspace for those working from home. The family bathroom features a three-piece suite in neutral tones, ready for some cosmetic updates if desired. A notable feature is the loft room accessible via a fixed staircase, adding valuable space that could serve various purposes such as an office or additional storage area (subject to necessary permissions). The property includes an enclosed rear yard providing privacy and potential for outdoor enhancements such as landscaping or seating areas. With double glazing and gas central heating already installed, this home ensures efficiency year-round. This mid-terrace residence not only boasts attractive curb appeal but also generous internal space ripe for renovation. Ideal for first-time buyers looking to personalize their home or investors aiming to enhance portfolio value through strategic upgrades, this property has significant potential waiting to be unlocked.

Investment Analysis

(BB5 area)

Below Market Value

This property is priced -33.1% below area average per sq ft

-33.1%
Potential saving
This Property
£100/sq ft
Area Average
£149/sq ft
Avg Rent (weekly)
£161
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£164,503
10% above area average per sq ft
Potential ROI
+37.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (BB5)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +4.2%
5 year growth: +24.8%
Investment Disclaimer: Analysis based on BB5 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

Monk Street, Accrington, BB5
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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
£354
Based on a loan of £75,000 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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