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Lower Mead Drive, Burnley BB12

West Midlands

£170,000

Listed on 14/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
919 sqft

Description

This detached bungalow, available without any chain, presents a valuable opportunity for those keen on undertaking renovations. Nestled in a quiet cul-de-sac, the property is set on a spacious plot, ideal for buyers wishing to infuse their personal touch into a home. The layout features single-level living with an entrance porch leading to a hallway, a bright front living room with a bay window, two bedrooms at the rear overlooking the gardens, and a basic three-piece bathroom suite. The fitted kitchen, while functional, offers potential for modernisation and reconfiguration. The bungalow boasts external features including driveway parking and well-sized gardens both to the front and back, alongside a detached double garage that can serve as storage or workshop space. The garden has existing paved areas and planting sections, making it an excellent canvas for landscaping or personal enhancement. Given that this sale is part of probate proceedings, it's important to note that there are no guarantees regarding fixtures such as solar panels or appliances – prospective buyers should conduct due diligence. Overall, this property provides an excellent foundation for those looking to create their ideal home within a peaceful residential setting just ten minutes from Burnley town centre.

Investment Analysis

(BB12 area)

Above Market Value

This property is priced +3.4% above area average per sq ft

+3.4%
This Property
£185/sq ft
Area Average
£179/sq ft
Avg Rent (weekly)
£163
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£180,799
10% above area average per sq ft
Potential ROI
-9.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BB12)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -7.6%
5 year growth: +3.9%
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

Lower Mead Drive, Burnley 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 £127,500 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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