Worst House on the Street Logo
Bank Hey Lane North, Blackburn BB1 - Image 1
Bank Hey Lane North, Blackburn BB1 - Image 2
Bank Hey Lane North, Blackburn BB1 - Image 3

Bank Hey Lane North, Blackburn BB1

West Midlands

£119,950
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
753 sqft

Description

This three-bedroom terraced property in the popular Brownhill area presents a valuable opportunity for renovation and investment. As you enter, you are greeted by a practical hallway equipped with a convenient storage cupboard. The expansive living room is designed to be filled with light, featuring French doors that lead out to the outdoor patio—ideal for creating an inviting atmosphere for entertaining or relaxing. The separate dining room boasts classic bay windows and connects directly to the kitchen, which offers ample cupboard space and provision for essential appliances like a fridge-freezer and washing machine. The upstairs layout reveals three spacious double bedrooms, each capable of accommodating various living arrangements such as family needs or home office setups. The bathroom includes a bathtub with an electric shower, providing a practical space to unwind. The rear garden is a standout feature with generous space suitable for outdoor dining or gatherings. There is considerable potential here for extending the property (subject to planning permissions), making it an attractive option for those looking to expand their living space or increase property value. The appealing front garden enhances the overall aesthetic and adds to the property's curb appeal. With no onward chain, freehold ownership, and no water meter in place, this home is particularly appealing for buyers seeking an uncomplicated purchase while offering the chance to modernize in a highly desirable location.

Investment Analysis

(BB1 area)

Below Market Value

This property is priced -17.2% below area average per sq ft

-17.2%
Potential saving
This Property
£159/sq ft
Area Average
£192/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£159,365
10% above area average per sq ft
Potential ROI
-0.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (BB1)

Area prices are falling by -5.0% over the last 12 months
3 year growth: +1.3%
5 year growth: +23.0%
Investment Disclaimer: Analysis based on BB1 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

Bank Hey Lane North, Blackburn BB1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£425
Based on a loan of £89,962 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.

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.

Allcott Associates