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Monk Street, Accrington BB5

West Midlands

£100,000
Listed on 03/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1002 sqft

Description

This inviting two-bedroom mid-terrace house with a garden front presents an excellent investment opportunity for those looking to add value. Nestled in a desirable residential area of the West Midlands, it boasts easy access to local schools, amenities, and transport links. The property comes with no onward chain, making it an attractive option for first-time buyers or savvy investors. Upon entering, you will find a spacious hallway leading into two well-sized reception rooms that are flooded with natural light and offer adaptable layouts suitable for various living arrangements. The kitchen, located at the rear, features ample storage and worktop space but is ripe for modernisation to transform it into a stylish culinary hub. Upstairs, the house includes two bedrooms that can serve as sleeping quarters or home office spaces, depending on your needs. The family bathroom is equipped with a three-piece suite and offers a neutral palette. A notable feature is the loft room accessed via a fixed staircase, which could be utilised as an office, playroom, or additional storage (subject to relevant permissions). The enclosed rear yard provides practical outdoor space for relaxation or storage purposes. With double glazing and gas central heating already installed, comfort and efficiency are ensured year-round. With its appealing façade and generous proportions inside, this property is primed for renovation to fully realise its potential. Whether you aim to personalise it as your own or elevate its market value as an investment, this home represents a promising prospect.

Investment Analysis

(BB5 area)

Below Market Value

This property is priced -34.0% below area average per sq ft

-34.0%
Potential saving
This Property
£100/sq ft
Area Average
£151/sq ft
Avg Rent (weekly)
£162
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£166,542
10% above area average per sq ft
Potential ROI
+28.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (BB5)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +7.5%
5 year growth: +27.9%
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

Monk Street, Accrington BB5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£357
Based on a loan of £75,000 over 30 years at 3.97% 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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