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Southfield Street, Nelson BB9

West Midlands

£40,000
Listed on 08/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This end-terrace property in Nelson presents an excellent investment opportunity for those looking to renovate and enhance a family dwelling. Its location is advantageous, with essential amenities, schools, and public transport readily accessible, making it not just practical but also ripe for improvement. Upon entering, you're greeted by a hallway that leads into two adaptable reception rooms, which currently serve as living and dining areas but offer potential for reconfiguration according to modern standards. The kitchen at the back is functional yet awaits an upgrade to meet contemporary expectations. The first floor comprises two spacious bedrooms along with a family bathroom that could benefit from updating. Though the property includes gas central heating and UPVC double glazing, which add a level of comfort, there remains considerable scope for enhancements to fully realise its potential. Outside, you'll find a forecourt at the front and a rear yard equipped with an outbuilding that can serve as storage or potentially be converted into a workshop. The existing layout suggests possibilities for extension or further renovation, pending necessary permissions. Overall, this home offers buyers the chance to invest in a property with significant potential in a desirable area of Nelson.

Investment Analysis

(BB9 area)
Area Average
£163/sq ft
Avg Rent (weekly)
£171
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (BB9)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +7.3%
5 year growth: +25.0%
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

Southfield Street, Nelson BB9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£142
Based on a loan of £30,000 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

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