Merchants Quay, Blackburn, BB1
PU

Merchants Quay, Blackburn, BB1

By Purplebricks

£ 68,000

Reviews

2 out of 5 stars

Purplebricks says ..

Fantastic opportunity for first time buyers or investors to purchase this purpose built first floor apartment in a convenient yet peaceful location close to motorway links and many local amenities. The property also benefits from being sold with no chain delay.

Property Oracle says ..

This one-bedroom apartment in Blackburn, located on Merchants Quay, presents a potential opportunity for first-time buyers or investors. Its central location offers easy access to Blackburn town centre, various amenities, and relatively good transport links with train stations within reasonable distance. Several nearby primary schools have received ‘Good’ Ofsted ratings, making it attractive to families.

The apartment itself appears reasonably well-maintained in the provided photos, although an update to the kitchen and bathroom could improve its appeal. The property’s interior decoration reflects a dated style that prospective buyers might wish to modernise. The lack of a garden is typical for an apartment building but limits outdoor space.

The asking price of £68,000 seems competitive when compared to similar apartments in the area, though a comprehensive comparison is hindered by limited square footage information for neighbouring properties. Prospective buyers should carefully consider the property’s condition and potential refurbishment costs before making a decision. A thorough viewing is recommended to assess its true value and suitability.

Overall, this property offers a potentially good entry point to the Blackburn property market, particularly for those seeking convenience and affordability. However, the need for some modernisation and the lack of outdoor space should be carefully considered.

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
1
Bedrooms
1
Bathrooms
1
Sqft (est)
447.78

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
132,488.00 £
Decreased by 0.15 %
from 132,688.00 £
Est sale value
89,556.00 £
Increased by 7.53 %
from 83,287.08 £
Average area rental value
740.00 £/mo
Increased by 16.90 %
from 633.00 £/mo
Est letting value
447.78 £/mo
from 0.00 £/mo
Est rental Yield
6.70 %
Increased by 17.13 %
from 5.72 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Purplebricks marked this listing as sold.

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Brunel Nursery SchoolLocal Authority Nursery SchoolGood0.32 KM
St Mary'S And St Joseph'S Roman Catholic Primary School BlackburnVoluntary Aided SchoolGood0.38 KM
St Matthew'S Church Of England Primary SchoolVoluntary Aided SchoolGood0.39 KM
Crosshill Special SchoolAcademy Special Converter0.62 KM
Blackburn Central High SchoolAcademy Converter0.68 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Durham Close £ 000.00 KM
St Annes Close £ 150,00000.00 KM
Brunel Drive £ 000.00 KM
Frederick Street £ 139,95000.00 KM
Railway Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Blackburn2737BBN0.65 KM
Mill Hill (Lancs)2750MLH3.15 KM
Ramsgreave And Wilpshire2734RGW4.10 KM
Cherry Tree2573CYT5.00 KM
Darwen2576DWN5.12 KM

Nearby Listings

AddressPriceTypeScoreDistance
Waterfront, Merchants Quay, Blackburn, Lancashire, BB1 £ 50,000BUY6 / 100.05 KM
Navigation Way, Blackburn £ 65,000BUY5 / 100.17 KM
St. Marys Wharfe, Blackburn, Lancashire, BB2 £ 100,000BUY7 / 100.25 KM
Clippers Quay, Merchants Landing £ 85,000BUY6 / 100.27 KM
Clippers Quay, Merchants Landing, Blackburn, Lancashire, BB1 £ 75,000BUY5 / 100.27 KM

Nearby Properties

AddressPriceDistance
17 Merchants Quay £ 140,0000.11 KM
11 Merchants Quay £ 92,0000.11 KM
23 Merchants Quay £ 49,0000.11 KM
15 Merchants Quay £ 110,0000.11 KM
3 Merchants Quay £ 100,0000.11 KM