Melville Street, Burnley
Petty Estate Agents Ltd logo

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 %
from 212,804.00 £
Est sale value
157,210.96 £
Decreased by 25.63 %
from 211,395.32 £
Average area rental value
622.00 £/mo
Decreased by 35.01 %
from 957.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 763.16 £/mo
Est rental Yield
3.72 %
Decreased by 31.11 %
from 5.40 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Petty Estate Agents Ltd marked this listing as sold.

  • Petty Estate Agents Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Basnett Street Nursery SchoolLocal Authority Nursery SchoolOutstanding0.14 KM
Heasandford Primary SchoolCommunity SchoolGood0.39 KM
Ridgewood Community High SchoolCommunity Special SchoolGood0.69 KM
Blessed Trinity Roman Catholic College, A Voluntary AcademyAcademy Converter0.83 KM
Sir John Thursby Community CollegeFoundation SchoolGood0.95 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Browhead Road £ 115,00000.00 KM
Thursby Road £ 000.00 KM
Saint Georges Square £ 000.00 KM
Saint Cuthbert Street £ 000.00 KM
Boundary Street £ 84,99500.00 KM

Nearby Transport

NameNLCTLCDistance
Burnley Central2550BNC2.24 KM
Brierfield2554BRF2.82 KM
Burnley Manchester Road2549BYM3.08 KM
Burnley Barracks2743BUB3.71 KM
Nelson2565NEL4.04 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melville Street, Burnley, Lancashire, BB10 £ 65,000BUYUnknown0.05 KM
Melville Street, Burnley, Lancashire, BB10 £ 85,000BUY5 / 100.06 KM
Melville Street, Burnley, Lancashire, BB10 £ 70,000BUY5 / 100.07 KM
Melville Street, Burnley, Lancashire, BB10 £ 82,000BUY6 / 100.07 KM
West Street, Burnley £ 115,000BUY5 / 100.20 KM

Nearby Properties

AddressPriceDistance
75 Melville Street £ 68,9500.06 KM
35 Melville Street £ 65,0000.06 KM
138 Melville Street £ 79,9500.06 KM
53 Melville Street £ 72,5000.06 KM
37 Melville Street £ 58,0000.06 KM