Leyland Road, Burnley
West Midlands
£55,000
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
679 sqftDescription
This two-bedroom stone mid-terrace in Burnley is offered with vacant possession and is described as requiring refurbishment. The accommodation includes a lounge, a kitchen, two bedrooms and a bathroom. The listing also notes uPVC double glazing and gas-fired central heating, although the condition and operation of services should be checked.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
57out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £55,000, this two-bedroom stone terrace is priced well below the local £/sqf benchmark, giving a project buyer a cheap entry point and room to shape the interiors. The lounge, bedrooms and kitchen all show worn or dated finishes, while the bathroom is also ready for attention; the enclosed yard offers scope for clearance and improvement. The front stonework and visible roofline appear broadly intact, but staining below the lounge window and across the rear elevation, plus standing water in the yard, should be investigated before work is scoped.
The overall score is weak because the economics are tight: even using the £25,000–£55,000 renovation range, purchase plus refurbishment costs look stretched against local benchmarks. The low asking price is a clear advantage, but it does not by itself establish a comfortable margin for the project.
Key opportunities
- A cheap entry price relative to local £/sqf gives a buyer scope to refresh the two-bedroom home to their own specification.
- The worn finishes across the living spaces and bedrooms create a clear opportunity to update decoration and flooring throughout.
- The enclosed hard-surfaced rear yard can be cleared and improved, with drainage assessed as part of the project.
Key risks
- The £25,000–£55,000 works range makes this a substantial improvement programme rather than a cosmetic refresh; budget and schedule should allow for the interior updates and investigation of staining and yard drainage.
- All-in purchase and refurbishment costs look tight against local benchmarks, so the low asking price may not leave much headroom.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£208
Based on a loan of £41,250 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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