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Highbank, Blackburn, BB1

West Midlands

£88,000Guide Price

Listed on 16/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
614 sqft

Description

This two-bedroom bungalow, positioned on a prominent corner plot, offers a unique investment opportunity for those looking to craft their ideal living space. Presented as a blank canvas, the interiors are primed for modernisation, allowing prospective buyers to personalise every facet of this home according to their preferences. The layout features spacious rooms filled with natural light, including two generous bedrooms, a comfortable reception area, and a straightforward kitchen that could benefit from updates. Outside, there is off-road parking with potential for developing a dedicated driveway (subject to permissions), making this property not only flexible but also ripe for enhancing its value. With significant scope for refurbishment, this bungalow is well suited for first-time buyers, downsizers or investors eager to capitalise on increasing market demand. Early viewing is advised to fully grasp the potential this property holds. Offered at auction.

Investment analysis

(BB1 area)

Below Market Value

This property is priced -26.8% below area average per sq ft

-26.8%
Potential saving
This Property
£143/sq ft
Area Average
£196/sq ft
Avg Rent (weekly)
£188
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£132,277
10% above area average per sq ft
Potential ROI
+12.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (BB1)

Area prices are stable by +0.4% over the last 12 months
3 year growth: +4.6%
5 year growth: +19.8%
Investment Disclaimer: Analysis based on BB1 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

Highbank, Blackburn, BB1
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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
£332
Based on a loan of £66,000 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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