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Reedyford Road, Nelson, Lancashire, BB9

West Midlands

£120,000

Listed on 27/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
811 sqft

Description

Located in a well-regarded residential neighborhood, this three-bedroom semi-detached home presents an excellent opportunity for those looking to invest and renovate. With no onward chain and freehold ownership, it is particularly suited for first-time buyers or investors keen on adding value through updates and personal touches. The property features a welcoming entrance hall that leads into a spacious reception area, ideal for both relaxation and entertaining guests. At the rear, you'll find a kitchen diner with generous space for family meals, complemented by a practical utility room and a downstairs WC for added convenience. On the first floor, the layout includes three sizable bedrooms alongside a family bathroom. Outside, the property provides off-road parking with its own driveway and boasts a sizable garden to the rear—perfect for outdoor activities, complete with a shed and side access. This home requires modernisation throughout, making it an enticing project for those wishing to imprint their style while enhancing its market value. Early viewings are encouraged to fully grasp the potential this property holds.

Investment Analysis

(BB9 area)

Below Market Value

This property is priced -6.3% below area average per sq ft

-6.3%
Potential saving
This Property
£148/sq ft
Area Average
£158/sq ft
Avg Rent (weekly)
£200
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£140,907
10% above area average per sq ft
Potential ROI
-9.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (BB9)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +10.6%
5 year growth: +24.4%
Investment Disclaimer: Analysis based on BB9 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

Reedyford Road, Nelson, Lancashire, BB9
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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
£428
Based on a loan of £90,000 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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