Worst House on the Street Logo
Water Street, Accrington BB5 - Image 1
Water Street, Accrington BB5 - Image 2
Water Street, Accrington BB5 - Image 3

Water Street, Accrington BB5

West Midlands

£80,000
Listed on 21/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
902 sqft

Description

This mid-terrace property, built with traditional stone, offers a promising investment opportunity and comes to the market without a chain. Situated within walking distance of Accrington's town centre and The Coppice, it boasts excellent transport links that appeal to both families and professionals looking for convenience. Inside, this home features two ample reception rooms that provide flexible living and dining options, adaptable to various needs. The kitchen is well-sized with considerable potential for modern upgrades or a complete redesign, making it an ideal canvas for those looking to invest. Additionally, the bathroom is functional yet ripe for contemporary enhancement. Upstairs, there are two spacious double bedrooms filled with natural light and maintaining a neutral palette. The property retains several characteristic elements that could be beautifully accentuated through thoughtful renovations. This home is particularly well-suited for investors or buyers eager to add personal touches while increasing value. The property's advantageous location near shops, schools, and leisure activities, alongside scenic walking areas at The Coppice, further adds to its appeal. With solid stone construction and generous interiors in a desirable neighborhood, this property presents a unique chance to own a home with considerable potential.

Investment Analysis

(BB5 area)

Below Market Value

This property is priced -40.6% below area average per sq ft

-40.6%
Potential saving
This Property
£89/sq ft
Area Average
£149/sq ft
Avg Rent (weekly)
£161
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£148,086
10% above area average per sq ft
Potential ROI
+34.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (BB5)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +4.2%
5 year growth: +24.8%
Investment Disclaimer: Analysis based on BB5 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

Water Street, Accrington BB5
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£283
Based on a loan of £60,000 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development