Bridge Street, Rishton, Blackburn, Lancashire, BB1
West Midlands
£55,000Guide Price
Listed on 17/10/2026
Listed on 17/10/2026
The listing
Property details
Bedrooms
2Type
TerracedFeatures
- Garden
Description
Offered at auction, this two-bedroom terraced house in Rishton has two reception rooms and a rear yard. The listing describes it as requiring a full programme of refurbishment, providing scope for a buyer to renovate and finish the property to their own specification.
The sale uses the Modern Method of Auction, with a reservation agreement and a non-refundable reservation fee payable in addition to the purchase price. Buyers should review the information pack and auction terms, and carry out their own checks before bidding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
45out of 100
Grade ELow opportunity
Confidence: LOW
This two-bedroom Rishton terrace has a clear full-project canvas: two reception rooms, two bedrooms and a good-sized rear yard, with scope to renew the stripped kitchen area, refresh the worn finishes and make the outdoor space more usable. The visible rooms show substantial wear, and the rear elevation and roof covering over the projection also look weathered, so the £45,000–£85,000 renovation range reflects a major job rather than a cosmetic update.
At £55,000, the headline price alone does not establish whether it is good value: floor area is missing, so the comparison with local £/sq ft cannot yet be judged. The overall score is E (45/100), with the scale of the works and limited ability to assess value tempering the appeal; location scores well. This is being sold by modern method of auction, and bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Rework the two reception rooms and two bedrooms into a refreshed home with finishes chosen to suit the buyer.
- Replace the stripped kitchen fittings and complete the unfinished internal surfaces as part of a joined-up renovation.
- Clear and improve the good-sized rear yard, while considering how best to address the weathered rear elevation.
Key risks
- The stripped kitchen area, worn finishes across several rooms, cluttered yard and weathered rear elevation make this a full-gut programme; the £45,000–£85,000 works range calls for a substantial budget and longer programme than a refresh.
- The rear projection’s roof covering appears worn and should be checked as part of assessing the building’s condition.
- Floor area is missing, so value versus local £/sq ft cannot yet be judged.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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£208
Based on a loan of £41,250 over 30 years at 4.45% interest
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