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Kirkgate, Burnley, BB11

West Midlands

£40,000

Listed on 23/07/2026

Property details

Bedrooms
2
Type
End Of Terrace
Area
681 sqft

Description

This two-bedroom end-terraced property presents a significant renovation project for cash buyers seeking to invest in the Burnley Wood area. Offered chain-free and vacant, it provides a blank canvas ready for substantial modernization. The ground floor features two distinct reception rooms, allowing for adaptable living and dining arrangements, along with a kitchen located at the rear. On the upper level, you will find two bedrooms and a family bathroom. An enclosed rear yard adds outdoor space, while the end-terrace configuration enhances privacy from adjacent homes. This property is perfectly situated near Burnley town centre and the scenic Towneley Park, making it an appealing location for potential buyers. Given its need for extensive repairs and upgrades throughout, this opportunity is particularly suited for seasoned investors looking to enhance value through renovation efforts.

Investment analysis

(BB11 area)

Below Market Value

This property is priced -55.2% below area average per sq ft

-55.2%
Potential saving
This Property
£59/sq ft
Area Average
£131/sq ft
Avg Rent (weekly)
£144
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£98,244
10% above area average per sq ft
Potential ROI
+9.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (BB11)

Area prices are falling by -5.9% over the last 12 months
3 year growth: +8.7%
5 year growth: +29.8%
Investment Disclaimer: Analysis based on BB11 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

Kirkgate, Burnley, BB11
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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
£151
Based on a loan of £30,000 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

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