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Charnwood Close, Blackburn BB2

West Midlands

£399,950
Listed on 03/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1892 sqft

Description

This four-bedroom detached home in Beardwood offers a promising opportunity for renovation and investment. With ample space to extend both to the side and rear, it presents a unique blank canvas for those looking to create a tailored family residence. Upon entering through the porch, you are welcomed into a central hallway that branches out to various living areas. The layout is conducive to both separation and open-plan living, featuring a main lounge and an adjacent dining room that connects to the kitchen. A second reception room with private access adds versatility, while the conservatory at the rear provides an inviting space with potential for future expansion. The kitchen is well-positioned at the back of the property, alongside a utility room and a convenient downstairs toilet, offering significant space for reconfiguration. Upstairs, the thoughtfully designed layout maximizes functionality, with four bedrooms arranged around a central landing. Three of these bedrooms are generously sized doubles; the fourth offers plenty of space as a comfortable single. Notably, the master bedroom includes an en-suite bathroom, enhancing its appeal. The positioning of the garage further supports options for expansion—intelligent design could allow for one or two additional bedrooms if desired. Externally, this property features a long driveway capable of accommodating several vehicles, with front lawn landscaping enhancing its curb appeal. The elevated rear garden not only enjoys scenic views towards Mellor and the surrounding countryside but also offers ample outdoor space that can be preserved even with potential extensions. With an Energy Performance Certificate rating of C, this property stands out as an adaptable choice for families wanting to personalize their home while benefiting from its investment potential in a sought-after location.

Investment Analysis

(BB2 area)

Above Market Value

This property is priced +10.6% above area average per sq ft

+10.6%
This Property
£211/sq ft
Area Average
£191/sq ft
Avg Rent (weekly)
£187
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£397,821
10% above area average per sq ft
Potential ROI
-9.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
42%
Properties sold annually

Local Market Trend (BB2)

Area prices are falling by +4.0% over the last 12 months
3 year growth: 12.3%
5 year growth: 18.3%
Investment Disclaimer: Analysis based on BB2 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

Charnwood Close, Blackburn BB2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £299,962 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE