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School Lane, Guide, Blackburn BB1

West Midlands

£160,000

Listed on 23/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1034 sqft

Description

We are pleased to present this spacious three-bedroom terraced house, thoughtfully located near essential amenities and transport links in the West Midlands. The property features a welcoming entrance hallway that leads into a spacious open-plan lounge and dining area, perfect for family gatherings. A dual-fuel fireplace adds both charm and warmth during colder months, making this space inviting year-round. The kitchen is equipped with ample storage options and workspace, ready for modernisation or personalisation. On the upper floor, you will find three generously sized bedrooms along with a family bathroom and a separate WC, catering well to families or potential tenants. One notable feature of this property is the attic space, which presents an exciting opportunity for conversion into additional living quarters, pending necessary planning permissions. Outside, the rear yard includes a sizeable outbuilding with electrical supply, which could serve various purposes such as a workshop, studio, or additional storage. This home also benefits from gas central heating and double glazing throughout. While this property is already well-presented, there is considerable scope to enhance its value through thoughtful renovations in key areas such as the kitchen and bathrooms. With its excellent location and potential for expansion, it represents a promising investment.

Investment Analysis

(BB1 area)

Below Market Value

This property is priced -21.1% below area average per sq ft

-21.1%
Potential saving
This Property
£155/sq ft
Area Average
£196/sq ft
Avg Rent (weekly)
£185
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£222,930
10% above area average per sq ft
Potential ROI
+11.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (BB1)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +2.4%
5 year growth: +21.6%
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

School Lane, Guide, Blackburn BB1
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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
£604
Based on a loan of £120,000 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

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