Malt Street, Accrington, Lancashire, BB5
By Property Shop - Sales & Lettings
£ 60,000
Reviews
2 out of 5 stars
Property Shop - Sales & Lettings says ..
**INVESTORS ONLY TENANT IN SITU** With a long standing tenant in situ this is an excellent investment opportunity for an instant return for a landlord buyer.
Property Oracle says ..
The property is a two-bedroom terraced house with one bathroom, listed at £60,000. It has a plot size of 678.55 sqft and an internal area of 565 sqft. The property benefits from a small rear yard. The location is central Accrington, which is convenient for access to local amenities, including schools and transport links. Accrington train station is within walking distance, providing links to other towns and cities. Several primary and secondary schools are nearby, with some rated ‘Good’ by Ofsted. However, the immediate street appears to have lower average property prices compared to the wider Accrington area. Based on the provided images, the property appears to be in generally fair condition, though some areas show signs of wear and tear. The kitchen and bathroom appear dated and could benefit from some modernisation. The décor in some rooms is also dated. While habitable, the property may require some cosmetic improvements and potentially some repairs to maintain its condition. The property includes a small rear yard, providing some outdoor space. However, it is small and appears somewhat unkempt in the provided image. Considering the list price of £60,000, the average price in the area is significantly higher (£259,400), and the average price per sqft is £308. This property is priced considerably lower than the average, which may reflect its condition and size. However, nearby comparable terraced houses on Malt Street sold for between £31,000 and £65,000, suggesting the £60,000 asking price might be at the higher end of the range for that street. The lack of sqft data for nearby properties makes a precise price per sqft comparison difficult.
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
- 6
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 565.00
- Lot (est)
- 678.55
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
- 487,124.00 £Increased by 94.35 %
- Est sale value
- 348,040.00 £Increased by 112.41 %
- Average area rental value
- 1,220.00 £/moIncreased by 6.46 %
- Est letting value
- 565.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.01 %Decreased by 45.17 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Property Shop - Sales & Lettings created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Accrington St Mary Magdalen'S Church Of England Primary School | Voluntary Aided School | Good | 0.21 KM |
| Accrington St John With St Augustine Church Of England Primary School | Voluntary Aided School | Good | 0.74 KM |
| Accrington Academy | Academy Sponsor Led | Good | 0.79 KM |
| Sure Start Hyndburn - Church & West Accrington Childrens Centre | Children's Centre | 1.18 KM | |
| Accrington St Christopher'S Church Of England High School | Academy Converter | Good | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Whalley Road | £ 0 | 0 | 0.00 KM |
| York Street | £ 0 | 0 | 0.00 KM |
| Eccles Street | £ 95,000 | 0 | 0.00 KM |
| Eastgate | £ 0 | 0 | 0.00 KM |
| Whalley Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Accrington | 2552 | ACR | 0.47 KM |
| Church And Oswaldtwistle | 2556 | CTW | 2.70 KM |
| Huncoat | 2558 | HCT | 2.78 KM |
| Rishton | 2580 | RIS | 5.86 KM |
| Hapton | 2557 | HPN | 6.25 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Malt Street, Accrington, Lancashire, BB5 | £ 60,000 | BUY | 5 / 10 | 0.00 KM |
| Devonshire Street, Accrington | £ 85,000 | BUY | Unknown | 0.06 KM |
| Devonshire Street, Accrington | £ 85,000 | BUY | Unknown | 0.06 KM |
| Devonshire Street, Accrington, BB5 | £ 95,000 | BUY | 5 / 10 | 0.10 KM |
| Whalley Road, Accrington, Lancashire, BB5 | £ 125,000 | BUY | Unknown | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 Malt Street | £ 58,000 | 0.00 KM |
| 9 Malt Street | £ 35,000 | 0.00 KM |
| 11 Malt Street | £ 31,000 | 0.00 KM |
| 2 Malt Street | £ 55,000 | 0.00 KM |
| 7 Malt Street | £ 65,000 | 0.00 KM |