Melville Street, Burnley
By Petty Estate Agents Ltd
£ 84,950
Reviews
2 out of 5 stars
Petty Estate Agents Ltd says ..
This mid-terrace property presents an excellent investment opportunity or first time purchase! Situated in a sought-after location close to Burnley General Hospital. The property has had a HMO license approved so could potentially be converted or used as a single let. Upon entering, you ...
Property Oracle says ..
This two-bedroom terraced house in Burnley, Lancashire, presents a mixed bag for potential buyers. The property’s location offers convenience with proximity to a number of well-regarded schools and train station. However, the area may not appeal to all buyers. The interior of the property appears dated and in need of modernisation. While structurally sound, the property requires a substantial amount of cosmetic work. The lack of outdoor space is a significant drawback, though is common for terraced properties in urban areas. The asking price is within the range of recently sold similar properties in the neighbourhood, making it a reasonably priced property, however, further investigation into the property’s specifics and the work required is recommended. Overall, the property may be more appealing to investors looking for a buy-to-let opportunity, or first-time buyers willing to undertake some home improvements, however, is likely not to appeal to those looking for a property that is ready to move in to.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 763.16
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 200,783.00 £Decreased by 5.65 %
- Est sale value
- 157,210.96 £Decreased by 25.63 %
- Average area rental value
- 622.00 £/moDecreased by 35.01 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 3.72 %Decreased by 31.11 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Petty Estate Agents Ltd marked this listing as sold.
Petty Estate Agents Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Basnett Street Nursery School | Local Authority Nursery School | Outstanding | 0.14 KM |
| Heasandford Primary School | Community School | Good | 0.39 KM |
| Ridgewood Community High School | Community Special School | Good | 0.69 KM |
| Blessed Trinity Roman Catholic College, A Voluntary Academy | Academy Converter | 0.83 KM | |
| Sir John Thursby Community College | Foundation School | Good | 0.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Browhead Road | £ 115,000 | 0 | 0.00 KM |
| Thursby Road | £ 0 | 0 | 0.00 KM |
| Saint Georges Square | £ 0 | 0 | 0.00 KM |
| Saint Cuthbert Street | £ 0 | 0 | 0.00 KM |
| Boundary Street | £ 84,995 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Burnley Central | 2550 | BNC | 2.24 KM |
| Brierfield | 2554 | BRF | 2.82 KM |
| Burnley Manchester Road | 2549 | BYM | 3.08 KM |
| Burnley Barracks | 2743 | BUB | 3.71 KM |
| Nelson | 2565 | NEL | 4.04 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Melville Street, Burnley, Lancashire, BB10 | £ 65,000 | BUY | Unknown | 0.05 KM |
| Melville Street, Burnley, Lancashire, BB10 | £ 85,000 | BUY | 5 / 10 | 0.06 KM |
| Melville Street, Burnley, Lancashire, BB10 | £ 70,000 | BUY | 5 / 10 | 0.07 KM |
| Melville Street, Burnley, Lancashire, BB10 | £ 82,000 | BUY | 6 / 10 | 0.07 KM |
| West Street, Burnley | £ 115,000 | BUY | 5 / 10 | 0.20 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 75 Melville Street | £ 68,950 | 0.06 KM |
| 35 Melville Street | £ 65,000 | 0.06 KM |
| 138 Melville Street | £ 79,950 | 0.06 KM |
| 53 Melville Street | £ 72,500 | 0.06 KM |
| 37 Melville Street | £ 58,000 | 0.06 KM |