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Highbank, Blackburn. Lancs. BB1

West Midlands

£125,000
Listed on 16/04/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This true bungalow situated on a desirable corner plot in Roe Lee presents an enticing opportunity for both first-time buyers and investors. The property is conveniently located near local schools, amenities, and motorway access, enhancing its appeal. Inside, you'll find a kitchen that has been partially modernised, featuring an electric point for a cooker. The spacious lounge includes fitted carpet and a charming bay window complemented by a feature fireplace, creating a welcoming atmosphere. There are two well-proportioned bedrooms adorned with neutral decor and clean carpets throughout. The family shower room is fully tiled and equipped with essential fixtures. The substantial lawned garden surrounding the property holds excellent potential for expansion or further landscaping, pending necessary planning permissions. With storage heaters and UPVC double glazing already in place, this bungalow offers scope for cosmetic updates to enhance its value further, making it an ideal investment prospect or future family home.

Investment Analysis

(BB1 area)
Area Average
£192/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.6%

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
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

Highbank, Blackburn. Lancs. BB1
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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
£443
Based on a loan of £93,750 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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