Russell Terrace, Padiham, Burnley
Petty Estate Agents Ltd logo

Russell Terrace, Padiham, Burnley

By Petty Estate Agents Ltd

£ 70,000

Reviews

2 out of 5 stars

Petty Estate Agents Ltd says ..

This two-bedroom mid-terrace property in Padiham offers a fantastic opportunity for renovation and personalisation, with plenty of potential to create a charming home. Ideal for first time buyers looking to get onto the property ladders or investors looking to add value. The property is located i...

Property Oracle says ..

This two-bedroom terraced house in Padiham, Burnley, presents a mixed bag. Located reasonably close to well-regarded primary schools and train stations, its location is a positive. However, the immediate surrounding area lacks significant amenities in walking distance. The property itself needs considerable modernisation. The interior shows visible signs of wear and tear, outdated decor, and potential damp issues in the loft space, which would require significant renovation. A lack of outdoor space is a further drawback. The asking price of £70,000 reflects the property’s need for work, placing it within the price range of other properties on Russell Terrace and comparable properties in the vicinity, though the significant variance makes it hard to give a completely certain statement. While it needs significant work, the potential return on investment may attract first-time buyers or investors who are comfortable undertaking renovations, but potential buyers should budget for this aspect. A full structural survey is highly recommended to evaluate the extent of any necessary repairs and any potential issues with the structure itself before buying.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
914.70

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
120,284.00 £
Increased by 10.40 %
from 108,950.00 £
Est sale value
132,631.50 £
Increased by 28.32 %
from 103,361.10 £
Average area rental value
699.00 £/mo
Increased by 9.73 %
from 637.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
6.97 %
Decreased by 0.71 %
from 7.02 %
Crime Rate
34.00 %
Unchanged by 0.00 %
from 34.00 %

Agent Activity

  • Petty Estate Agents Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Padiham Green Church Of England Primary SchoolVoluntary Controlled SchoolGood0.53 KM
St John The Baptist Roman Catholic Primary School, PadihamVoluntary Aided SchoolGood0.69 KM
Padiham Primary SchoolCommunity SchoolGood0.77 KM
Padiham Whitegate Children'S CentreChildren's Centre0.79 KM
Whitegate Nursery SchoolLocal Authority Nursery SchoolOutstanding0.82 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Thompson Street £ 59,95000.00 KM
Hill Street £ 000.00 KM
Partridge Hill £ 95,00000.00 KM
Rutland Place £ 79,95000.00 KM
Coronation Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hapton2557HPN1.94 KM
Rose Grove2722RSG3.35 KM
Huncoat2558HCT5.01 KM
Burnley Barracks2743BUB5.87 KM
Burnley Manchester Road2549BYM6.99 KM

Nearby Listings

AddressPriceTypeScoreDistance
Russell Terrace, Padiham, Burnley £ 70,000BUY4 / 100.00 KM
Russell Terrace, Padiham, BB12 £ 90,000BUY6 / 100.04 KM
Altham Street, Padiham, Lancashire, BB12 £ 95,000BUY5 / 100.08 KM
Hapton Street, Padiham, Burnley, BB12 £ 49,995BUY4 / 100.10 KM
Pendle Street, Padiham £ 70,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
36 Russell Terrace £ 60,0000.03 KM
42 Russell Terrace £ 45,0000.03 KM
20 Russell Terrace £ 19,0000.03 KM
28 Russell Terrace £ 38,5000.03 KM
46 Russell Terrace £ 83,0000.03 KM