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Holmby Street, Burnley

West Midlands

£59,950

Listed on 03/09/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
793 sqft

Description

Petty Real are pleased to present this two-bedroom mid-terrace property on Holmby Street, Burnley, which is available with no onward chain. This home offers generous room sizes and presents an excellent opportunity for those looking to make improvements. Ideal for first-time buyers or investors, it provides scope for modernisation and the potential to add long-term value. The ground floor features a spacious reception room, approximately 3.97m x 4.23m (13' x 13'11" max), providing ample space for comfortable living. At the rear, a well-proportioned kitchen measuring about 3.61m x 4.23m (11'10" x 13'11") includes a useful pantry and access to the rear yard. On the first floor, there are two well-sized bedrooms; the front bedroom measures around 3.96m x 4.23m (13' x 13'11") and the rear bedroom is approximately 3.65m x 2.07m (12' x 6'10"). Both bedrooms come with integrated storage, enhancing their practicality. Completing the property is a three-piece wet room featuring a walk-in shower, wash hand basin, and WC, measuring approximately 2.47m x 2.06m (8'1" x 6'9"). Externally, the property includes a rear yard area, while the interior would benefit from some modernisation, allowing the new owner to put their own stamp on it and potentially enhance its future value. Located in the BB10 area of Burnley, this property enjoys convenient access to local amenities, schools, and public transport. Barden Primary School is nearby, along with Sir John Thursby Community College. The area also offers food shopping options, and Burnley town centre is just a short distance away, providing a wider selection of shops, services, cafés, and leisure facilities. Burnley Central railway station is approximately one mile away, ensuring further transport connections.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

72out of 100
Grade BGood opportunity

Confidence: MEDIUM

Holmby Street presents a compelling opportunity for buyers looking to acquire a property at a remarkably low price point, with the asking price of £59,950 translating to just £76 per square foot, which is significantly below the local average of £175 per square foot. This presents a unique chance to invest in a two-bedroom mid-terrace home with generous room sizes and no onward chain, making it an attractive option for both first-time buyers and investors alike.

While the property does require significant modernisation, this is where the real potential lies. The dated interiors, including worn flooring and basic kitchen cabinetry, offer a blank canvas for new owners to create their ideal living space. The spacious reception room and well-sized bedrooms provide a solid foundation for renovation, allowing for an array of design possibilities. With an estimated renovation budget of £20,000 to £50,000, there is ample scope to enhance the property's value and transform it into a desirable home, especially given the attractive economics with a potential margin of 46.5% against local averages.

Key opportunities

  • Attractive asking price well below local average, allowing for significant equity gain post-renovation.
  • Generous room sizes that can be maximised during refurbishment for modern living.
  • No onward chain, facilitating a quicker purchase process.

Key risks

None recorded.

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Map

Location

Holmby Street, Burnley
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£226
Based on a loan of £44,962 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.

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