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Herschel Avenue, Burnley, Lancashire BB12

West Midlands

£275,000

Listed on 06/06/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1169 sqft

Description

This three-bedroom bungalow, located in a tranquil and desirable neighborhood, offers a prime opportunity for those eager to personalize their living space. The property is set back from the road, featuring off-street parking and an attached garage, along with ample garden areas both at the front and rear. Internally, the home boasts a functional layout with a spacious living room, three good-sized bedrooms, a family bathroom, and a separate kitchen that leads out to the rear garden. While some modern updates are needed throughout, this property holds substantial potential for transformation into a cozy single-level residence in a sought-after location. It's particularly suitable for downsizers, savvy investors, or first-time buyers seeking a project to truly make their own. With local amenities, schools, and excellent transport links nearby, this bungalow represents an attractive chance to secure a property with both space and renovation possibilities in one of Burnley’s favorable streets.

Investment Analysis

(BB12 area)

Above Market Value

This property is priced +31.5% above area average per sq ft

+31.5%
This Property
£235/sq ft
Area Average
£179/sq ft
Avg Rent (weekly)
£163
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£229,983
10% above area average per sq ft
Potential ROI
-27.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BB12)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -7.6%
5 year growth: +3.9%
Investment Disclaimer: Analysis based on BB12 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

Herschel Avenue, Burnley, Lancashire BB12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,039
Based on a loan of £206,250 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.

Stamp Duty Calculator

Price History

-8.3% since listed
£275,000£10,000(-3.5%)
24/04/2026
Current price
£285,000£15,000(-5.0%)
19/08/2025
£300,000Initial listing
01/08/2025

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