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Clarke Street, Rishton, Lancashire, BB1

West Midlands

£110,000
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
904 sqft

Description

Presenting a three-bedroom terraced home in Rishton, this property is being offered with no onward chain, making it an attractive option for both investors and first-time buyers. The layout includes two reception rooms, a fitted kitchen, three bedrooms, and a family bathroom, providing a versatile space that invites personalization. While the interior is currently in need of some modernization, it serves as an ideal canvas for those looking to infuse their own style and preferences into the living space. The ground floor greets you with a bright living room that benefits from natural light and connects to a spacious second reception room that can be tailored for leisure or entertainment purposes. The kitchen offers practical storage and workspace along with existing appliances. Upstairs, you will find three well-sized bedrooms; the main bedroom accommodates larger furniture with ease. The additional bedrooms include a smaller double and a single room suitable for an office or dressing area. The bathroom is fully tiled and equipped with essential fixtures. Externally, there's an enclosed rear yard perfect for outdoor enjoyment during warmer months, plus an outbuilding providing extra storage. With its proximity to local amenities and excellent transport links via the M65 towards Manchester, this property represents significant potential for those prepared to invest in its refurbishment.

Investment Analysis

(BB1 area)

Below Market Value

This property is priced -37.1% below area average per sq ft

-37.1%
Potential saving
This Property
£122/sq ft
Area Average
£193/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£192,367
10% above area average per sq ft
Potential ROI
+42.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (BB1)

Area prices are falling by -6.0% over the last 12 months
3 year growth: +1.2%
5 year growth: +20.6%
Investment Disclaimer: Analysis based on BB1 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

Clarke Street, Rishton, Lancashire, BB1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£392
Based on a loan of £82,500 over 30 years at 3.97% 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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