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Lockyer Avenue, Burnley, Lancashire BB12 - Image 1
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Lockyer Avenue, Burnley, Lancashire BB12

West Midlands

£169,950

Listed on 22/06/2026

Property details

Bedrooms
2
Type
Semi Detached
Area
1203 sqft

Description

Nestled in a desirable location along a serene tree-lined street, this property presents a unique opportunity for those seeking to renovate and invest. While the home requires modernisation, its layout offers considerable potential for transformation into a welcoming family residence. Convenient access to local bus routes and reputable schools enhances its appeal, making it a practical choice for families.

The front of the property features a spacious driveway with ample off-road parking, complemented by a detached garage that provides extra storage or workshop space. Inside, the ground floor accommodates two well-sized reception rooms that are perfect for entertaining guests or enjoying quiet evenings at home, alongside a conservatory that opens up to the private rear garden. The kitchen rounds out the ground floor amenities. Moving upstairs, you will find two generous double bedrooms and a family bathroom.

The rear garden is both private and sizable, presenting a fantastic outdoor area for relaxation or potential landscaping projects. This is an excellent chance for buyers looking to add value through renovation – an early viewing is encouraged.

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Investment analysis

(BB12 area)

Below Market Value

This property is priced -22.4% below area average per sq ft

-22.4%
Potential saving
This Property
£141/sq ft
Area Average
£182/sq ft
Avg Rent (weekly)
£153
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £30,000
Target Value
£240,907
10% above area average per sq ft
Potential ROI
+20.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (BB12)

Area prices are rising by +6.0% over the last 12 months
3 year growth: -4.4%
5 year growth: +4.4%
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

Lockyer Avenue, Burnley, Lancashire 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
£642
Based on a loan of £127,462 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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