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Wellfield Drive, Burnley BB12

West Midlands

£199,950

Listed on 14/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1105 sqft

Description

This two-bedroom bungalow, available with no onward chain, offers a compelling opportunity for buyers eager to invest in renovation and create a personalized living space. The property's layout is practical, featuring a bright living room that benefits from ample natural light through a large window. A sunroom at the rear adds valuable extra space, perfect for relaxation or informal dining while providing views over the garden. Centrally positioned, the kitchen serves as a blank canvas for those looking to redesign it into a modern open-plan area. Both bedrooms are of a good size, providing versatility for various uses such as guest rooms or home offices. The layout is completed by a bathroom and convenient hallway storage. While the entire property requires modernization, this presents an exciting chance for prospective homeowners to refresh and enhance its appeal significantly. Externally, the generous rear garden features established boundaries and even includes a greenhouse for gardening enthusiasts, offering potential for landscaping tailored to your lifestyle. The front garden enhances kerb appeal with its lawned area along with off-road parking provided by a sloping driveway leading to a single garage. Located near Ightenhill Park, this property not only offers proximity to green spaces but also easy access to local amenities and transport links. An upcoming change in the property boundary presents further opportunities for development or expansion. This bungalow beckons for your creative vision and investment ambitions.

Investment Analysis

(BB12 area)

Above Market Value

This property is priced +1.2% above area average per sq ft

+1.2%
This Property
£181/sq ft
Area Average
£179/sq ft
Avg Rent (weekly)
£163
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£217,392
10% above area average per sq ft
Potential ROI
-7.5%
After renovation
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 (BB12)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -7.6%
5 year growth: +3.9%
Investment Disclaimer: Analysis based on BB12 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

Wellfield Drive, Burnley BB12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£755
Based on a loan of £149,962 over 30 years at 4.45% 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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