Burnley Road, Briercliffe, Burnley, Lancashire, BB10
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Burnley Road, Briercliffe, Burnley, Lancashire, BB10

By Reeds Rains

£ 95,000

Reviews

3 out of 5 stars

Reeds Rains says ..

ATTENTION FIRST TIME BUYERS AND INVESTORS ALIKE. Stone built gable end property situated in the sought after location of Briercliffe. The property briefly comprises of; spacious lounge, modern dining kitchen, two bedrooms and bathroom, gas central heating and double glazed. Call Reeds Rains...

Property Oracle says ..

The property is located in Briercliffe, Burnley, Lancashire. Briercliffe is a village with local amenities including shops and schools, as evidenced by the proximity to Briercliffe Primary School (0.62 KM) and Compass Community School Lancashire (0.55 KM). The presence of several train stations within a reasonable distance (Nelson, 2.73 KM; Brierfield, 3.68 KM) suggests convenient transport links. This contributes to a relatively good location score. Based on the provided photographs, the property appears to be in generally fair condition. While there is evidence of some minor cosmetic issues, such as minor wall damage in one bedroom, the property is largely habitable and does not appear to require extensive renovation. The kitchen and bathroom seem recently updated. However, a more thorough inspection would be needed to fully assess the condition of the property’s structure and systems. The property includes a small rear garden, which is a positive feature, particularly for a property of this size and in this location. While not expansive, the garden provides some outdoor space. Considering the list price of £95,000, the average price in the area (£174,053), and the average price per square foot (£160), this property appears to be significantly underpriced. The smaller size (628.40 sqft) compared to the area average (1,087 sqft) and the apparent need for some minor repairs might partially explain the lower price. However, even accounting for these factors, the list price seems substantially below market value, particularly considering the comparable properties listed nearby with higher prices. The lower price point makes it potentially attractive to first-time buyers or investors.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
6
Location
7
Land
5
Bedrooms
2
Bathrooms
1
Sqft (est)
628.40
Lot (est)
792.22

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
94,975.00 £
Decreased by 39.70 %
from 157,503.00 £
Est sale value
86,090.80 £
Decreased by 26.74 %
from 117,510.80 £
Average area rental value
710.00 £/mo
Decreased by 1.80 %
from 723.00 £/mo
Est letting value
628.40 £/mo
from 0.00 £/mo
Est rental Yield
8.97 %
Increased by 62.79 %
from 5.51 %
Crime Rate
38.00 %
Unchanged by 0.00 %
from 38.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
Compass Community School LancashireOther Independent Special School0.55 KM
Briercliffe Primary SchoolCommunity SchoolGood0.62 KM
St James' Lanehead Church Of England Primary SchoolVoluntary Aided SchoolGood1.32 KM
Sir John Thursby Community CollegeFoundation SchoolGood1.66 KM
Ridgewood Community High SchoolCommunity Special SchoolGood1.89 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
May Tree Close £ 000.00 KM
Tennyson Street £ 000.00 KM
Queen Street £ 115,00000.00 KM
Harrison Street £ 000.00 KM
Red Spar Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Nelson2565NEL2.73 KM
Brierfield2554BRF3.68 KM
Burnley Central2550BNC4.82 KM
Colne2562CNE5.44 KM
Burnley Manchester Road2549BYM5.65 KM

Nearby Listings

AddressPriceTypeScoreDistance
Burnley Road, Briercliffe, Burnley, Lancashire, BB10 £ 95,000BUY6 / 100.00 KM
Burnley Road, Briercliffe, Burnley £ 129,950BUY6 / 100.01 KM
Parker Street, Briercliffe £ 129,950BUYUnknown0.06 KM
Talbot Street, Briercliffe, Burnley £ 110,000BUY6 / 100.07 KM
Talbot Street, Briercliffe, BB10 £ 120,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
22 Holgate Street £ 72,0000.05 KM
6 Holgate Street £ 110,0000.05 KM
23 Parker Street £ 67,5000.05 KM
12 Parker Street £ 97,0000.05 KM
9 Parker Street £ 78,0000.05 KM