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St Marys Street, Nelson BB9 - Image 1
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St Marys Street, Nelson BB9

West Midlands

£65,000
Listed on 19/12/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terraced house is ideally located near the amenities of Nelson town centre, making it a strategic investment for those looking to capitalize on its renovation potential. The property currently requires some modernisation and presents an opportunity to tailor the space to your personal aesthetic or upgrade for resale. The layout features a living room, kitchen, two bedrooms, and a bathroom equipped with a three-piece suite. Notable elements include double-glazed windows and a gas-fired boiler, though the overall condition suggests that further improvements are needed. Outside, the rear yard offers additional space that could be enhanced for outdoor use. With an EPC rating of D, there is scope for energy efficiency upgrades as well. This leasehold property has 855 years remaining on its lease, adding long-term viability to your investment.

Investment Analysis

(BB9 area)
Area Average
£149/sq ft
Avg Rent (weekly)
£170
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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 (BB9)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 11.4%
5 year growth: 31.5%
Investment Disclaimer: Analysis based on BB9 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

St Marys Street, Nelson BB9
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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
£238
Based on a loan of £48,750 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