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Nairne Street, Burnley, Lancashire, BB11

West Midlands

£59,950

Listed on 21/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
702 sqft

Description

This end-terraced property presents an excellent opportunity for those looking to invest in a home that requires modernization. Situated in Burnley, the layout features a comfortable lounge at the front and a spacious kitchen at the rear, which could easily accommodate dining options or be transformed through a redesign. The first floor hosts two generously sized bedrooms alongside a bathroom equipped with both a separate bath and shower. Externally, there's a low-maintenance patio area at the front and an enclosed yard at the back, providing practical outdoor space suitable for storage or seating. While the interiors need updating, this provides ample scope for buyers to add significant value through renovations. Additionally, being chain-free simplifies the purchasing process. The property's location is particularly advantageous, as it is close to essential amenities including shops and schools, as well as having good public transportation access to Burnley town centre and beyond. This property would be ideal for investors or individuals eager to personalize their living space.

Investment Analysis

(BB11 area)

Below Market Value

This property is priced -34.0% below area average per sq ft

-34.0%
Potential saving
This Property
£85/sq ft
Area Average
£129/sq ft
Avg Rent (weekly)
£142
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£99,884
10% above area average per sq ft
Potential ROI
+17.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (BB11)

Area prices are falling by -4.8% over the last 12 months
3 year growth: +8.4%
5 year growth: +33.4%
Investment Disclaimer: Analysis based on BB11 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

Nairne Street, Burnley, Lancashire, BB11
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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
£214
Based on a loan of £44,962 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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