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Frederick Street, Accrington, BB5

West Midlands

£55,000
Listed on 08/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced house presents an exciting renovation opportunity, perfect for those looking to invest in the property market. Being sold as seen, the property allows for immediate entry into a project that can yield significant returns. It comprises two spacious reception rooms that offer versatile spaces for living and dining, connected by a central hallway that enhances the flow of the home. Upstairs, you will find two light-filled bedrooms that provide comfortable accommodation options, complemented by a family bathroom situated conveniently off the landing. While some refurbishments are necessary, this gives buyers the chance to customize and elevate the property's overall value. Located in a desirable area with access to local amenities, schools, and transport links, this property is also appealing for potential tenants. The absence of an onward chain facilitates a smooth purchasing process for keen investors or homebuyers seeking a quick turnaround. This residence represents a rare chance to tap into your creativity while investing in a promising asset with substantial rental potential.

Investment Analysis

(BB5 area)
Area Average
£151/sq ft
Avg Rent (weekly)
£162
Avg Yield
5.5%

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
74
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (BB5)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +7.5%
5 year growth: +27.9%
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

Frederick Street, Accrington, BB5
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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
£196
Based on a loan of £41,250 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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