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Emma Street, Accrington, BB5

West Midlands

£70,000Guide Price

Listed on 12/09/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
883 sqft

Description

This two-bedroom terraced house presents an excellent investment opportunity, offered for sale via the modern method of auction. The property is ideally suited for investors or those seeking a renovation project, as it requires full refurbishment, allowing the new owner to personalize and add value throughout. Internally, the layout includes a welcoming lounge, a separate dining room, and a kitchen area, all of which provide great potential for reconfiguration or updating to meet contemporary standards. Upstairs, you will find two well-proportioned bedrooms that offer ample space for furnishings, alongside a family bathroom. The practical and versatile layout caters to a variety of buyers, including those interested in buy-to-let investments or first-time purchases with room for improvement. Additionally, the property features a garden forecourt at the front and a rear yard, providing useful outdoor spaces. Situated close to motorway links, this home boasts excellent transport connectivity, making commuting straightforward for professionals or anyone needing easy access to nearby towns and cities. The surrounding area is well-equipped with local amenities, schools, and public transport options, enhancing its appeal as a convenient place to live. With its attractive price point and significant potential for transformation, this property represents a rare chance to acquire a home that can be tailored to individual requirements. Prospective buyers are encouraged to act swiftly to secure this promising opportunity, as demand for renovation projects in this location remains high. Early viewing is highly recommended to fully appreciate the scope and possibilities on offer.

WHOTS analysis

Our WHOTS verdict

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

58out of 100
Grade DWeak opportunity

Confidence: MEDIUM

This two-bedroom terraced house presents a compelling opportunity for investors or buyers looking to create value through significant renovation. With an asking price of £70,000, this property is notably cheap at £79/sqf compared to the local average of £150/sqf, making it an attractive acquisition for those willing to undertake a project. The layout allows for versatile reconfiguration, with a welcoming lounge and separate dining room offering potential for modern living enhancements. The bedrooms are well-proportioned, providing ample space for furnishings, and the presence of a garden forecourt and rear yard adds to the appeal.

However, the property does require extensive renovations throughout, with dated interiors and older kitchen fittings noted. All-in costs, combining the purchase price and projected renovation budget, stretch beyond the local average value for this floor area, which poses a significant economic challenge. Potential buyers should be aware that while the price is enticing, the cost of bringing this home up to standard will require careful financial planning and commitment to a full-gut programme, rather than a simple refresh.

Key opportunities

  • Spacious layout allows for reconfiguration to suit modern living preferences.
  • Potential for significant value increase post-renovation due to low acquisition cost.

Key risks

  • Stripped interiors and a £80,000–£150,000 works budget make this a full-gut programme, not a refresh.
  • Worth allowing for £185,000 including the asking price and quoted works of about £115,000, about 28% ahead of typical local benchmarks for this size — current-condition benchmarks only, not after-works GDV.

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Map

Location

Emma Street, Accrington, BB5
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Finance

Mortgage calculator

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

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£264
Based on a loan of £52,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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