Victoria Apartments, Padiham, Burnley, Lancashire, BB12
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Victoria Apartments, Padiham, Burnley, Lancashire, BB12

By Reeds Rains

£ 70,000

Reviews

2 out of 5 stars

Reeds Rains says ..

ATTENTION INVESTORS AND FIRST TIME BUYERS ALIKE. Immaculately presented one bedroom spacious apartment situated in a converted cotton Mill in the heart of Padiham. This is tenant ready to move into and briefly comprises of; Hallway, Spacious open plan lounge into dining room, fitted kitchen, mod...

Property Oracle says ..

The property is a one-bedroom apartment located in Padiham, Burnley. Based on the provided images, the apartment appears to be in good condition, with recently updated fixtures and fittings in the kitchen and bathroom. The apartment is situated within a converted textile mill, offering spacious accommodation. While the plot size is zero, the building offers communal parking. The location is convenient, with nearby amenities and transport links. However, the list price of £70,000 is slightly above the average price of £107,850 for the area, and significantly higher than comparable properties in the same building and nearby streets, which are selling for between £31,950 and £69,000. The average price per square foot in the area is £142, making the list price seem comparatively high given the size of the apartment (680.28 sqft).

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
4
Condition
8
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
680.28

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
98,640.60 £
Increased by 28.32 %
from 76,871.64 £
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
31.00 %
Unchanged by 0.00 %
from 31.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Padiham St Leonard'S Voluntary Aided Church Of England Primary SchoolVoluntary Aided SchoolGood0.39 KM
Padiham Green Church Of England Primary SchoolVoluntary Controlled SchoolGood0.58 KM
St John The Baptist Roman Catholic Primary School, PadihamVoluntary Aided SchoolGood0.96 KM
Padiham Primary SchoolCommunity SchoolGood1.21 KM
Padiham Whitegate Children'S CentreChildren's Centre1.32 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Clitheroe Street £ 000.00 KM
Factory lane £ 000.00 KM
Wasdale Close £ 000.00 KM
Moor Lane £ 000.00 KM
Dean Street £ 110,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Hapton2557HPN2.32 KM
Rose Grove2722RSG3.87 KM
Huncoat2558HCT5.04 KM
Burnley Barracks2743BUB6.29 KM
Burnley Manchester Road2549BYM7.44 KM

Nearby Listings

AddressPriceTypeScoreDistance
Victoria Apartments, Padiham, Burnley, Lancashire, BB12 £ 55,000BUY5 / 100.00 KM
Victoria Apartments, Padiham, Burnley £ 69,950BUY5 / 100.00 KM
Victoria Apartments, Padiham, Burnley £ 65,000BUYUnknown0.00 KM
Victoria Apartments, Padiham, Burnley, Lancashire, BB12 £ 70,000BUY5 / 100.00 KM
Victoria Apartments, Padiham, Burnley, Lancashire, BB12 £ 49,000BUYUnknown0.00 KM

Nearby Properties

AddressPriceDistance
26 Victoria Apartments £ 55,0000.01 KM
36 Victoria Apartments £ 47,5000.01 KM
50 Victoria Apartments £ 31,9500.01 KM
5 Victoria Apartments £ 70,0000.01 KM
52 Victoria Apartments £ 29,0000.01 KM