Malt Street, Accrington, Lancashire, BB5
PR

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 %
from 250,641.00 £
Est sale value
348,040.00 £
Increased by 112.41 %
from 163,850.00 £
Average area rental value
1,220.00 £/mo
Increased by 6.46 %
from 1,146.00 £/mo
Est letting value
565.00 £/mo
Unchanged by 0.00 %
from 565.00 £/mo
Est rental Yield
3.01 %
Decreased by 45.17 %
from 5.49 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Property Shop - Sales & Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Accrington St Mary Magdalen'S Church Of England Primary SchoolVoluntary Aided SchoolGood0.21 KM
Accrington St John With St Augustine Church Of England Primary SchoolVoluntary Aided SchoolGood0.74 KM
Accrington AcademyAcademy Sponsor LedGood0.79 KM
Sure Start Hyndburn - Church & West Accrington Childrens CentreChildren's Centre1.18 KM
Accrington St Christopher'S Church Of England High SchoolAcademy ConverterGood1.19 KM

Images

Front Elevation Living Room Living Room Living Room Kitchen Kitchen Bedroom One Bedroom Two Rear Yard Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Whalley Road £ 000.00 KM
York Street £ 000.00 KM
Eccles Street £ 95,00000.00 KM
Eastgate £ 000.00 KM
Whalley Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Accrington2552ACR0.47 KM
Church And Oswaldtwistle2556CTW2.70 KM
Huncoat2558HCT2.78 KM
Rishton2580RIS5.86 KM
Hapton2557HPN6.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Malt Street, Accrington, Lancashire, BB5 £ 60,000BUY5 / 100.00 KM
Devonshire Street, Accrington £ 85,000BUYUnknown0.06 KM
Devonshire Street, Accrington £ 85,000BUYUnknown0.06 KM
Devonshire Street, Accrington, BB5 £ 95,000BUY5 / 100.10 KM
Whalley Road, Accrington, Lancashire, BB5 £ 125,000BUYUnknown0.14 KM

Nearby Properties

AddressPriceDistance
24 Malt Street £ 58,0000.00 KM
9 Malt Street £ 35,0000.00 KM
11 Malt Street £ 31,0000.00 KM
2 Malt Street £ 55,0000.00 KM
7 Malt Street £ 65,0000.00 KM