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Flat 3, Griffin Works, Clement Street, Accrington BB5 2HR - Image 1
Flat 3, Griffin Works, Clement Street, Accrington BB5 2HR - Image 2
Flat 3, Griffin Works, Clement Street, Accrington BB5 2HR - Image 3
Flat 3, Griffin Works, Clement Street, Accrington BB5 2HR - Image 4
Flat 3, Griffin Works, Clement Street, Accrington BB5 2HR - Image 5
Flat 3, Griffin Works, Clement Street, Accrington BB5 2HR - Image 6
Flat 3, Griffin Works, Clement Street, Accrington BB5 2HR - Image 7
Flat 3, Griffin Works, Clement Street, Accrington BB5 2HR - Image 8
Flat 3, Griffin Works, Clement Street, Accrington BB5 2HR - Image 9

Flat 3, Griffin Works, Clement Street, Accrington BB5 2HR

West Midlands

£5,000
Listed on 27/04/2026

Property Details

Bedrooms
N/A
Type
Flat

Description

This self-contained flat offers a solid investment opportunity, located on a street known for its diverse mix of commercial and residential properties. Situated within walking distance of the vibrant town centre of Accrington, the flat features its own entrance and a well-thought-out layout that includes a lounge, kitchen, two bedrooms, a family bathroom, and storage space. With an emphasis on potential for enhancement through renovations, this property could yield a monthly rental income of approximately £550 when upgraded to meet modern standards. The area is characterized by strong rental demand, making it an attractive prospect for investors looking to maximize returns.

Investment Analysis

(BB5 area)
Area Average
£149/sq ft
Avg Rent (weekly)
£161
Avg Yield
5.8%

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
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

Flat 3, Griffin Works, Clement Street, Accrington BB5 2HR
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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
£18
Based on a loan of £3,750 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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