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Norwood Avenue, Blackburn, BB2

West Midlands

£99,950

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1109 sqft

Description

This substantial three-bedroom mid-terrace home spans three floors, presenting an exceptional opportunity for those looking to invest or make their mark as first-time buyers. The property is offered without any onward chain, streamlining the purchase process. As a leasehold property within Council Tax Band A, it represents an appealing option for those eager to enter the housing market or expand their investment portfolio. Upon entry, a spacious hallway welcomes you into two versatile reception rooms that can serve various living and dining arrangements. The rear-facing kitchen offers significant potential for a redesign, ideal for crafting a stylish and efficient space customized to your preferences. The first floor features two well-sized bedrooms filled with natural light—both ready for cosmetic updates to reflect personal tastes. Additionally, the family bathroom on this level would greatly benefit from modernisation to enhance comfort and usability. Ascending to the top floor reveals a generous third bedroom along with a shower area that could be adapted for use as a master suite, guest accommodation, or even a functional home office. Throughout this property, the clear need for refurbishment presents an exciting canvas for prospective buyers to reimagine and elevate its value. With strategic renovations, there is ample room for layout alterations and aesthetic enhancements. This home provides a unique chance to create something tailored specifically to your style while capitalizing on its intrinsic potential. With early viewings encouraged, this property is not just a house—it’s an opportunity waiting for transformation into your dream residence.

Investment Analysis

(BB2 area)

Below Market Value

This property is priced -55.8% below area average per sq ft

-55.8%
Potential saving
This Property
£90/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£248,555
10% above area average per sq ft
Potential ROI
+77.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Norwood Avenue, 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
£378
Based on a loan of £74,962 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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