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Cheetham Street, Blackburn, BB2

West Midlands

£110,000

Listed on 09/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1044 sqft

Description

This two-bedroom mid-terrace house offers significant renovation potential and is an ideal opportunity for first-time buyers or investors looking to add value. Set in a desirable location, the property features well-spaced living areas over two floors. Upon entering, you're greeted by a generous hallway leading to two sizable reception rooms that could comfortably serve as both lounge and dining spaces, or be adapted for various family needs. The kitchen, located at the rear of the home, presents a functional layout with ample storage options and is primed for personalisation to meet modern tastes. On the upper floor, you'll find two light-filled double bedrooms that provide plenty of space for necessary furnishings, along with a three-piece family bathroom equipped with essential fixtures. Additional conveniences include on-street parking and a council tax band of A, which should appeal to budget-conscious families or individuals. The enclosed rear yard serves as a practical outdoor area suitable for storage or relaxation. The home retains much of its character while inviting creativity for updates and enhancements. Located close to local amenities, schools, and transport links, this property combines functional living with exciting prospects for modernisation. Early viewings are advised to fully appreciate the size and potential this home holds.

Investment Analysis

(BB2 area)

Below Market Value

This property is priced -48.3% below area average per sq ft

-48.3%
Potential saving
This Property
£105/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£233,987
10% above area average per sq ft
Potential ROI
+73.3%
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
26%
Properties sold annually

Local Market Trend (BB2)

Area prices are falling by -9.3% over the last 12 months
3 year growth: +7.0%
5 year growth: +16.1%
Investment Disclaimer: Analysis based on BB2 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

Cheetham Street, Blackburn, BB2
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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
£416
Based on a loan of £82,500 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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