Observatory Road, Blackburn, BB2
West Midlands
£160,000
Listed on 24/09/2026
Listed on 24/09/2026
The listing
Property details
Bedrooms
2Type
Semi DetachedArea
678 sqftFeatures
- Garage
- Garden
- Parking
Description
Offered with no onward chain, this two-bedroom semi-detached house is described as requiring modernisation. The ground floor has an entrance hall, an open kitchen and a separate lounge with sliding doors to the rear garden. Upstairs are two bedrooms and a family bathroom.
Outside, the property has a front driveway and a detached garage, with a substantial rear garden. The listing notes nearby shops, amenities and everyday facilities. The accommodation and outdoor space provide scope for updating and personalisation.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
31out of 100
Grade ELow opportunity
Confidence: MEDIUM
This two-bedroom semi has a clear cosmetic project to take on: worn flooring and dated finishes give scope to refresh the interior, while the usable kitchen and bathroom offer the option to update selectively. The substantial rear garden, driveway and detached garage add useful potential, and the roof and brick exterior look broadly intact in the available views. The garage and weathered garden outbuilding would be worth inspecting, and the garden could be tidied and reorganised.
Renovation economics weigh on the grade because once you include an estimated £10,500 of works on top of the asking price, spend approaches £170,500 — roughly 21% above what comparable floor area achieves locally in current condition. Hence the weak economics component — a proxy for today's market, not post-refurbishment GDV.
Key opportunities
- Refresh worn flooring and dated interior finishes, with scope to make a visible difference through redecoration.
- Reorganise and tidy the substantial rear garden, which already has established planting and paved and gravelled areas.
- Make use of the driveway and detached garage alongside the semi-detached home's garden connection from the lounge.
Key risks
- At £160,000, the asking price is above the local £/sqf average; with the refurb allowance added, the purchase-and-works cost is stretched against the local benchmark for this floor area.
- All-in spend is likely to land near £170,500 all-in — £10,500 of works on top of the asking price, leaving a gap of around 21% versus area norms for this sqft; we have not assumed a post-renovation resale figure.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£604
Based on a loan of £120,000 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.
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