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Prestwich Street, Burnley BB11

West Midlands

£50,000
Listed on 16/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom property presents a compelling opportunity for those looking to undertake a comprehensive renovation project. Featuring two generously sized reception rooms, a functional kitchen space, and a bathroom, the home is primed for improvements that can significantly elevate its value. While it currently requires complete refurbishment throughout, this allows prospective buyers to tailor the interiors to their preferences and modernize the layout. Nestled in a desirable area of Burnley, the property benefits from proximity to local amenities and transport links, further enhancing its appeal as an investment. Given its current condition, this property is perfect for investors or buyers with a vision for transformation.

Investment Analysis

(BB11 area)
Area Average
£130/sq ft
Avg Rent (weekly)
£140
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (BB11)

Area prices are stable by +0.1% over the last 12 months
3 year growth: +9.1%
5 year growth: +35.7%
Investment Disclaimer: Analysis based on BB11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Prestwich Street, Burnley BB11
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£177
Based on a loan of £37,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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