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Larch Street, Nelson, Lancashire BB9

West Midlands

£60,000

Listed on 06/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

Located in the sought-after area of Larch Street in Nelson, this two-bedroom mid-terraced property offers a promising opportunity for those looking to invest in a renovation project. With no onward chain, this property appeals to first-time buyers and investors keen on modernising a home to reflect contemporary preferences. The layout includes an entrance leading into a spacious reception room, which can serve as a comfortable living area. At the back, you'll find a kitchen diner that presents good scope for redesigning to enhance both functionality and aesthetic appeal. Upstairs, there are two generously sized bedrooms alongside a family bathroom. On-street parking is available at the front of the house. While it does require modernisation throughout, its potential is immense, set within a well-established residential neighbourhood with convenient access to local amenities, schools, and transport links. Viewing early is advisable to fully grasp the possibilities that await.

Investment analysis

(BB9 area)
Area Average
£158/sq ft
Avg Rent (weekly)
£180
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (BB9)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +12.9%
5 year growth: +22.5%
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

Larch Street, Nelson, Lancashire BB9
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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
£227
Based on a loan of £45,000 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

Price History

-7.7% since listed
£60,000£5,000(-7.7%)
06/07/2026
Current price
£65,000Initial listing
06/06/2026

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