Preston New Road, Blackburn, Lancashire, BB2
MO

Preston New Road, Blackburn, Lancashire, BB2

By Mortimers Chartered Surveyors

£ 69,950

Reviews

2 out of 5 stars

Mortimers Chartered Surveyors says ..

*INVESTORS ONLY* Offered to the market with tenant in situ who is currently paying £435pcm. This superb apartment with it's approx. 7.4% rental yield, excellent presentation and allocated parking, is proudly welcomed to the market. (EPC - B).

Property Oracle says ..

This one-bedroom apartment on Preston New Road in Blackburn, Lancashire is listed at £69,950. The property is situated in the Wensley Fold area, offering relative proximity to Blackburn town centre, schools, and train stations. The apartment itself appears to be in decent condition from the photos provided, with a clean and functional interior. However, it’s important to note that the property lacks a private garden. The small plot size and overall modest dimensions are key factors to consider when assessing the value proposition. The property’s price appears to be in line with similar listings in the area, though conclusive price-per-square-foot comparisons are limited due to incomplete data in nearby listings. Prospective buyers should conduct a thorough survey to confirm the property’s condition and seek professional advice before making an offer. The property could represent a viable option for first-time buyers or investors, but the limited outdoor space and the average condition should be carefully evaluated against individual needs and priorities. Further research into the specific management fees associated with the property (if any) should also be undertaken before committing to the purchase.

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
6
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
505.58

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
222,500.00 £
Increased by 57.52 %
from 141,252.00 £
Est sale value
180,492.06 £
Increased by 233.64 %
from 54,097.06 £
Average area rental value
450.00 £/mo
Decreased by 12.96 %
from 517.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.43 %
Decreased by 44.65 %
from 4.39 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Mortimers Chartered Surveyors created the listing.

Nearby Schools

NameTypeOfstedDistance
Queen Elizabeth'S Grammar SchoolFree SchoolsGood0.29 KM
Queen Elizabeth'S Primary SchoolFree Schools0.29 KM
Ashworth Nursery SchoolLocal Authority Nursery SchoolOutstanding0.39 KM
St Barnabas And St Paul'S Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolOutstanding0.42 KM
Dar Ul MadinahOther Independent SchoolInadequate0.68 KM

Images

Front External Living Room Main Bedroom Bathroom Kitchen Living Room Main Bedroom

Nearby Streets

NameAverage PriceAverage SqftDistance
St Barnabas Street £ 000.00 KM
Hazel Close £ 000.00 KM
Cowan Brae £ 000.00 KM
Granville Road £ 210,00000.00 KM
Park Crescent £ 390,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Blackburn2737BBN1.85 KM
Mill Hill (Lancs)2750MLH1.86 KM
Cherry Tree2573CYT3.25 KM
Ramsgreave And Wilpshire2734RGW3.73 KM
Pleasington2752PLS5.84 KM

Nearby Listings

Nearby Properties

AddressPriceDistance
105 Preston New Road £ 125,0000.12 KM
127 Preston New Road £ 184,0000.12 KM
125 Preston New Road £ 201,0000.12 KM
2 Lois Place £ 78,0000.13 KM
4 Lois Place £ 70,0000.13 KM