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Wren Street, Burnley, Lancashire, BB12

West Midlands

£55,000

Listed on 11/06/2026

Property Details

Bedrooms
2
Type
Terraced

Description

Located in the sought-after area of Padiham, this mid-terraced home offers a promising canvas for those interested in renovation and investment. The property requires comprehensive refurbishment, making it an ideal project for buyers aiming to enhance value. The ground floor features two spacious reception rooms that can be configured to suit various living and dining preferences. Upstairs, you will find two bedrooms along with a family bathroom that is ripe for modernisation. The enclosed rear yard provides manageable outdoor space without excessive upkeep. This property is perfectly suited for first-time buyers or investors looking to make a mark in the housing market. Its proximity to local amenities, schools, and transport options adds to its appeal as a potential investment opportunity.

Investment Analysis

(BB12 area)
Area Average
£179/sq ft
Avg Rent (weekly)
£163
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Wren Street, 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
£208
Based on a loan of £41,250 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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