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West Midlands
£55,000
Listed on 28/08/2026
Listed on 28/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This three-bedroom semi-detached house presents a noteworthy opportunity for those looking to invest in a property with potential. Although it requires significant renovation, it is attractively priced at £55,000, well below the local average sale price of £222,373. Given that the local market typically commands higher prices, this could be a chance to acquire a home in a good location near Blackburn's amenities at a bargain price. The property features a rear garden and off-street parking, adding to its appeal.
The interior is dated, with general wear and tear evident throughout, particularly in the living areas, bedrooms, kitchen, and bathroom. While these areas will require updating, they provide a blank canvas for buyers to modernize and enhance the property's value. The renovation range of £40,000 to £80,000 aligns with the scope of work needed, making it a manageable project for someone looking to add value. With the property being vacant, you could start your refurbishment as soon as you acquire it.
None recorded.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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