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67-69 Greenway Street, Darwen - Planning Granted For 4 Apartments

West Midlands

£125,000

Listed on 09/10/2026

The listing

Property details

Bedrooms
5
Type
Terraced

Description

This 5-bedroom terraced house presents a substantial development opportunity, requiring complete refurbishment throughout. The property boasts planning permission for the conversion into four separate apartments, which includes a dedicated staircase and a garage/bike storage area. Positioned in a desirable location, this property has significant potential for both residential use and investment. With the right vision and financial backing, it can be transformed into a lucrative asset or a spacious family home. Interested parties are encouraged to secure financing before inquiring.

WHOTS analysis

Our WHOTS verdict

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

46out of 100
Grade ELow opportunity

Confidence: LOW

This 5-bedroom terraced house presents a significant renovation project with planning permission already secured for conversion into four apartments. The property shows extensive signs of neglect and will require complete refurbishment, making it a blank canvas for developers or those looking to create a substantial family home. While the asking price is low, the lack of usable floor area means we cannot assess its value against local £/sqf averages just yet.

The opportunity here lies in transforming the current layout to maximize space and functionality, particularly with the potential for a separate staircase and garage/bike store underneath. However, be prepared for a heavy refurbishment scale, as the interiors are stripped and will need a comprehensive works budget ranging from £100,000 to £200,000. This is not a simple refresh, and the project calls for serious commitment and vision.

Key opportunities

  • Planning permission for conversion into four apartments provides a lucrative development pathway.
  • The generous size of the property allows for creative layout changes to enhance living space.
  • The potential for a separate staircase and garage/bike store underneath increases functionality.

Key risks

  • Stripped interiors and a £100,000–£200,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

67-69 Greenway Street, Darwen - Planning Granted For 4 Apartments
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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
£472
Based on a loan of £93,750 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

Stamp duty calculator

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

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