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Highbank, Blackburn. Lancs. BB1

West Midlands

£115,000

Listed on 20/05/2026

Property Details

Bedrooms
2
Type
Bungalow

Description

This true bungalow, situated on a desirable corner plot in Roe Lee, presents an exciting opportunity for renovation and investment. The property is conveniently located near schools, local amenities, and major motorway access, making it a strategic buy for first-time homeowners or investors looking to capitalize on its potential. Inside, the kitchen has seen some modernisation with tasteful updates and offers space for an electric cooker. The spacious lounge features fitted carpets, a charming bay window, and a fireplace that sets a welcoming ambience. The accommodation includes a well-proportioned master bedroom decorated in modern tones alongside a second bedroom also presented neutrally. The family shower room is practical with full tiling and essential fittings including an electric shower. Externally, the generous lawned garden extending to the side opens up possibilities for extension or enhanced landscaping (pending necessary permissions), complemented by a driveway and outdoor shed. With quality storage heaters and UPVC double glazing in place, this bungalow holds promise for further cosmetic enhancements to maximize its value. It is ideally suited for those interested in creating their ideal living space or tapping into the rental market with potential for significant returns.

Investment Analysis

(BB1 area)
Area Average
£193/sq ft
Avg Rent (weekly)
£178
Avg Yield
4.7%

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
49
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (BB1)

Area prices are falling by -6.0% over the last 12 months
3 year growth: +1.2%
5 year growth: +20.6%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£410
Based on a loan of £86,250 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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