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Lockyer Avenue, Burnley, Lancashire, BB12 - Image 1
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Lockyer Avenue, Burnley, Lancashire, BB12

West Midlands

£169,950

Listed on 05/06/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
1203 sqft

Description

Nestled along a tranquil, tree-lined avenue in a desirable neighborhood, this property presents an excellent opportunity for those looking to invest in a home with significant renovation potential. While the residence requires modernisation, it offers a solid foundation for transforming it into a beautiful family dwelling. The ample driveway and detached garage provide practical off-road parking and storage solutions, catering perfectly to families or individuals needing extra space. Inside, the ground floor features spacious living areas, including two reception rooms that offer great versatility for relaxation or entertaining guests. A conservatory at the rear enhances natural light and provides views of the private garden space. The separate kitchen rounds out the ground floor layout effectively. Upstairs, you will find two generous double bedrooms alongside a family bathroom, all of which can be reimagined to suit contemporary tastes. The rear garden offers a secluded outdoor area, ideal for leisure activities or gardening enthusiasts. This property is not just a house; it's a canvas awaiting your creative vision. With its prime location and potential for improvement, it stands as an attractive option for various buyers interested in making it their own.

Investment Analysis

(BB12 area)

Below Market Value

This property is priced -21.0% below area average per sq ft

-21.0%
Potential saving
This Property
£141/sq ft
Area Average
£179/sq ft
Avg Rent (weekly)
£163
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£236,672
10% above area average per sq ft
Potential ROI
+7.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BB12)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -7.6%
5 year growth: +3.9%
Investment Disclaimer: Analysis based on BB12 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

Lockyer Avenue, Burnley, Lancashire, BB12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,462 over 30 years at 4.45% 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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