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5 Walsh Street, Blackburn, BB2 3RY

West Midlands

£55,000Guide Price

Listed on 06/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

This 2-bedroom terrace property in Blackburn presents an appealing renovation project for savvy investors and developers. Located just a short walk from key transport links such as Blackburn Station, this property offers significant potential to enhance its value. Currently requiring refurbishment, the property includes an entrance hallway, a living room, a kitchen, two sizable bedrooms, a bathroom, and a rear yard. Once renovated, it is projected to yield a rental income of £750-£850 per month, translating to an annual return of approximately £9,000 to £10,200. Given the recent successful sales of similar properties in the area—such as 9 Pritchard Street and 8 Longshaw Lane—this property stands out as an excellent investment opportunity at a competitive price point. Offered at auction with immediate offers encouraged, it represents an ideal prospect for those looking to execute a Buy, Refurbish, Rent strategy or flip for profit.

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Investment analysis

(BB2 area)
Area Average
£199/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BB2)

Area prices are falling by -13.2% over the last 12 months
3 year growth: +4.6%
5 year growth: +13.3%
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

5 Walsh Street, Blackburn, BB2 3RY
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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

Next Steps

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