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Franklin Road, Blackburn, Lancashire, BB2

West Midlands

£110,000

Listed on 26/06/2026

Property details

Bedrooms
2
Type
Terraced
Area
971 sqft

Description

This two-bedroom terraced property presents a solid foundation for renovation, ideal for first-time buyers or investors looking to add value. With two spacious reception rooms and a functional kitchen, the layout allows for creative modernization to enhance both comfort and appeal. The generous dimensions of the principal bedroom and the versatility of the second bedroom also present opportunities for reconfiguration or expansion into home office space as needed. The family bathroom is partially updated but could benefit from a complete refresh to meet contemporary standards. The outdoor areas, including front and rear gardens, provide additional potential for landscaping or development to improve outdoor living spaces. Located in the desired Witton area of Blackburn, this property enjoys proximity to local parks and reputable schools, further enhancing its investment appeal. With no onward chain, you can embark on your renovation journey immediately.

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Investment analysis

(BB2 area)

Below Market Value

This property is priced -44.4% below area average per sq ft

-44.4%
Potential saving
This Property
£113/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
£217,625
10% above area average per sq ft
Potential ROI
+45.1%
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
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

Franklin Road, Blackburn, Lancashire, 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

Next Steps

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