21 Newton Street, Darwen, Lancashire, BB3 0HG
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21 Newton Street, Darwen, Lancashire, BB3 0HG

By Smart Property Sales

£ 85,000

Reviews

2 out of 5 stars

Smart Property Sales says ..

2 bedroom Mid-terraced House for Sale - Investment Opportunity (Tenants In Situ) 7.68% Yield. Starting on 07/12/2023 10:36

Property Oracle says ..

This 2-bedroom mid-terraced house in Darwen, Lancashire, is presented as an investment opportunity, currently occupied by tenants. The property’s location is its strongest asset, with convenient access to local amenities, schools (including several with good Ofsted ratings), and the Darwen train station. However, the interior requires cosmetic improvements and possible repairs. Photos show wall damage, worn flooring, and a cluttered environment. The exterior is fairly typical for a property of this type in the area. The small yard is largely paved and does not present as a large or particularly usable outdoor space.

The asking price of £85,000 sits within the range of comparable properties in the immediate vicinity. The property’s potential rental yield is a key element of its appeal for investors. Buyers should factor in the costs of renovations and potential void periods when considering the investment opportunity. Overall, it represents a potentially viable investment for someone seeking a rental property in Darwen, but it is not a property in ‘move in’ condition. Prospective buyers should be prepared to invest in maintenance and improvements to enhance the value and appeal of the property.

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
4
Location
7
Land
2
Bedrooms
2
Bathrooms
1

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
127,409.00 £
Increased by 23.61 %
from 103,071.00 £
Average area rental value
740.00 £/mo
Increased by 8.66 %
from 681.00 £/mo
Est rental Yield
6.97 %
Decreased by 12.11 %
from 7.93 %
Crime Rate
26.00 %
Unchanged by 0.00 %
from 26.00 %

Agent Activity

  • Smart Property Sales created the listing.

Nearby Schools

NameTypeOfstedDistance
Darwen Children'S CentreChildren's Centre0.25 KM
Darwen St James Cofe Primary AcademyAcademy ConverterGood0.27 KM
Darwen Aldridge Community AcademyAcademy Sponsor LedGood0.63 KM
Holy Trinity Vc SchoolVoluntary Controlled SchoolGood0.82 KM
Darwen Aldridge Enterprise StudioStudio SchoolsGood0.86 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St James' Crescent £ 125,00000.00 KM
Allerton Close £ 000.00 KM
Exchange Street £ 000.00 KM
Labore Street £ 79,66700.00 KM
Church Street £ 20,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Darwen2576DWN0.22 KM
Blackburn2737BBN5.48 KM
Mill Hill (Lancs)2750MLH5.78 KM
Cherry Tree2573CYT7.07 KM
Entwistle2747ENT7.30 KM

Nearby Listings

AddressPriceTypeScoreDistance
21 Newton Street, Darwen, Lancashire, BB3 0HG £ 85,000BUY5 / 100.00 KM
Newton Street, Darwen, Lancashire, BB3 £ 75,000BUYUnknown0.00 KM
The Darwen Portfolio, 8 Houses in Darwen and Blackburn, Darwen, Lancashire, BB3 0HG £ 340,000BUY5 / 100.07 KM
Newton Street, Darwen £ 80,000BUY6 / 100.07 KM
Newton Street, Darwen £ 151,000BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
1 Marsh Terrace £ 119,0000.07 KM
13 Marsh Terrace £ 74,0000.07 KM
20 Marsh Terrace £ 72,0000.07 KM
32 Marsh Terrace £ 49,0000.07 KM
22 Marsh Terrace £ 79,4950.07 KM