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Garbett Street, Accrington, Lancashire, BB5

West Midlands

£70,000
Listed on 13/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
788 sqft

Description

This two-bedroom mid-terrace home offers approximately 788 sq ft of living space over two levels, making it an attractive option for both first-time buyers and investors looking for a renovation project. The ground floor features a front lounge with a charming feature fireplace, alongside a spacious kitchen diner at the rear that presents ample opportunity for modern updates or reconfiguration. There's also practical under stairs storage that adds to the functionality of the space. Moving upstairs, you will find two well-sized bedrooms, including a larger principal bedroom, plus a family bathroom conveniently located on the landing. Situated on a traditional residential street with on-street parking, this property is close to essential amenities, schools, and transport links. With potential for cosmetic enhancements throughout, it stands as a promising investment to increase property value.

Investment Analysis

(BB5 area)

Below Market Value

This property is priced -40.2% below area average per sq ft

-40.2%
Potential saving
This Property
£89/sq ft
Area Average
£148/sq ft
Avg Rent (weekly)
£158
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£128,676
10% above area average per sq ft
Potential ROI
+35.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
84%
Properties sold annually

Local Market Trend (BB5)

Area prices are stable by -0.7% over the last 12 months
3 year growth: +3.9%
5 year growth: +24.2%
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

Garbett Street, Accrington, Lancashire, BB5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£252
Based on a loan of £52,500 over 30 years at 4.06% 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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