Sold Terraced

34 WATERBARN STREET

BURNLEY, LANCASHIRE BB10 1RN

2 beds 1 baths 1,184 sq ft Listed 29 Nov 2019 (-2397d)

£50,000

Offers Over

Reduced on 14 Jan 2020

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Property details

Tenure

LEASEHOLD

Floor area

110 m²

EPC rating

E

Year built

England and Wales: 1900-1929

Last sold

£50,000 Jul 2020

Price per m²

£455/m²

Local average

£109,725 (-54.4%)

Deprivation

Decile 1 (917 of 33,755)

Street crime

324 incidents within 1 mile (Apr 2026)

Key features

  • Mid Terrace Property
  • Two Bedrooms
  • Fitted Kitchen
  • Two Reception Rooms
  • Four Piece Bathroom
  • Enclosed Rear Yard
  • Spacious Attic Room
  • No Chain Delay
  • Investment Opportunity

Additional details

Garden
Yes

Description

VIRTUAL VIEWINGS AND VALUATIONS AVAILABLE PLEASE CALL THE OFFICE!

IDEAL FIRST TIME HOME / RENTAL INVESTMENT - WITH SPACIOUS ATTIC
Conveniently situated in the heart of a popular area of Burnley, this two-bedroom mid-terraced property is being welcomed to the property market. Well located for accessing all local amenities, the property is situated close to Burnley Hospital and provides easy access to Colne, Nelson and Burnley town centre. Requiring some cosmetic updating internally, the property is ideally suited for a rental investor or first time buyer looking for a property they can put their personal stamp on.

The property comprises briefly, to the ground floor; entrance to a reception room with door leading to the inner hall. The inner hall has stairs leading to the first floor and door providing access to the second reception room. The second reception room provides access to the fitted kitchen with door leading to the rear yard. To the first floor is a landing with doors leading to two bedrooms, a four-piece bathroom suite and stairs leading to the second floor. To the second floor is an attic room. Externally the property has a small decked rear yard.

For further information, or to arrange a viewing, please contact our

Burnley team at your earliest convenience.

Ground Floor -

Reception Room One - 13'1 x 11'10 (3.99m x 3.61m) - UPVC double glazed front entrance door, UPVC double glazed window, coving, television point, door to the inner hall, stairs to the first floor and door to reception room two.

Reception Room Two - 12'10 x 12'2 (3.91m x 3.71m) - Two central heating radiators, coving, understairs storage and door to the kitchen.

Kitchen - 11'9 x 11'3 (3.58m x 3.43m) - UPVC double glazed window, central heating radiator, range of panelled wall and base units with laminate surfaces, oven with four ring gas hob, extractor hood, stainless steel sink with drainer, wood cladded ceiling and elevations, laminate flooring and UPVC double glazed frosted door to the rear.

First Floor -

Landing - Stairs to the second floor and doors to two bedrooms and bathroom.

Bedroom One - 13'8 x 11'10 (4.17m x 3.61m) - UPVC double glazed window, central heating radiator and fitted wardrobes.

Bedroom Two - 9'3 x 7'3 (2.82m x 2.21m) - UPVC double glazed frosted window, central heating radiator and wood cladded ceiling.

Bathroom - 9'1 x 5'5 (2.77m x 1.65m) - UPVC double glazed frosted window, central heating radiator, four piece suite comprising: low basin WC, pedestal wash basin, panelled bath, single electric feed shower unit, part tiled elevations, wood cladded ceiling, Vailant boiler and wood effect flooring.

Second Floor -

Attic Room - 12'6 x 9'2 (3.81m x 2.79m) - Velux window.

External -

Rear - Enclosed rear yard with decking.

Agents Notes - Council Tax Band A.

Disclaimer
All descriptions advertised digitally or printed in regards to this property are the opinions of Keenans Estate Agents and their employees with any additional information advised by the seller. Properties must be viewed in order to come to your own conclusions and decisions. Although every effort is made to ensure measurements are correct, please check all dimensions and shapes before making any purchases or decisions reliant upon them. Please note that any services, appliances or heating systems have not been tested by Keenans Estate Agents and no warranty can be given or implied as to their working order.

Listed by

Burnley

Keenans Estate Agents

Reference: 87043142

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: B

Inspection date: 13/12/2019

Expiry date: 12/12/2029

Est. upgrade cost to C: £22,795

Recommendations

  • Flat roof or sloping ceiling insulation (£850 - £1,500)
  • Room-in-roof insulation (£1,500 - £2,700)
  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (suspended floor) (£800 - £1,200)
  • Low energy lighting for all fixed outlets (£20)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC 1

EPC 1

EPC 2

EPC 2

Price history

Event Date Price % change
Sold 24/07/2020 (5 years ago) £50,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
19 CARDINAL STREET, BURNLEY, LANCASHIRE, BB10 1RU £90,000 19/12/2025 Terraced
12 RYLANDS STREET, BURNLEY, LANCASHIRE, BB10 1RG £65,000 04/09/2025 Terraced
4 BRIGHT STREET, BURNLEY, LANCASHIRE, BB10 1RX £70,000 26/08/2025 Terraced
272 COLNE ROAD, BURNLEY, LANCASHIRE, BB10 1DZ £370,000 02/07/2025 Terraced
Same street 31 WATERBARN STREET, BURNLEY, LANCASHIRE, BB10 1RN £85,000 24/03/2025 Terraced
3 ST ANDREWS STREET, BURNLEY, LANCASHIRE, BB10 1RH £28,000 19/03/2025 Terraced
77 WATERBARN STREET, BURNLEY, LANCASHIRE, BB10 1RP £65,000 14/02/2025 Terraced
Same street 17 WATERBARN STREET, BURNLEY, LANCASHIRE, BB10 1RN £77,000 11/12/2023 Terraced
103 WATERBARN STREET, BURNLEY, LANCASHIRE, BB10 1RP £64,995 30/11/2023 Terraced
52 REDVERS STREET, BURNLEY, LANCASHIRE, BB10 1RT £39,950 15/11/2023 Terraced
Same street 1 WATERBARN STREET, BURNLEY, LANCASHIRE, BB10 1RN £170,995 27/10/2023 Detached
Same street 21 WATERBARN STREET, BURNLEY, LANCASHIRE, BB10 1RN £39,000 28/07/2023 Terraced
4 FURNESS STREET, BURNLEY, LANCASHIRE, BB10 1TE £54,000 27/06/2023 Terraced
53 REDVERS STREET, BURNLEY, LANCASHIRE, BB10 1RT £64,000 03/04/2023 Terraced
58 WATERBARN STREET, BURNLEY, LANCASHIRE, BB10 1RP £78,000 20/12/2022 Terraced
37 FORD STREET, BURNLEY, LANCASHIRE, BB10 1RJ £41,000 19/12/2022 Terraced
103 BARDEN LANE, BURNLEY, LANCASHIRE, BB10 1JF £108,200 15/12/2022 Terraced
26 IVY STREET, BURNLEY, LANCASHIRE, BB10 1TD £80,000 28/10/2022 Terraced
150 NEW HALL STREET, BURNLEY, LANCASHIRE, BB10 1JH £50,000 21/10/2022 Terraced
20 HEAP STREET, BURNLEY, LANCASHIRE, BB10 1RL £60,000 12/10/2022 Terraced
13 FORD STREET, BURNLEY, LANCASHIRE, BB10 1RJ £39,500 05/10/2022 Terraced
37 FORD STREET, BURNLEY, LANCASHIRE, BB10 1RJ £19,000 03/10/2022 Terraced
Same street 2 WATERBARN STREET, BURNLEY, LANCASHIRE, BB10 1RN £39,950 31/08/2022 Terraced
26 FORD STREET, BURNLEY, LANCASHIRE, BB10 1RJ £50,000 22/08/2022 Terraced
28 FORD STREET, BURNLEY, LANCASHIRE, BB10 1RJ £50,000 22/08/2022 Terraced
Same street 21 WATERBARN STREET, BURNLEY, LANCASHIRE, BB10 1RN £39,999 30/06/2022 Terraced
Same street 20 WATERBARN STREET, BURNLEY, LANCASHIRE, BB10 1RN £67,000 21/04/2022 Terraced
Same street 6 WATERBARN STREET, BURNLEY, LANCASHIRE, BB10 1RN £128,266 01/02/2022 Terraced
Same street 6 WATERBARN STREET, BURNLEY, LANCASHIRE, BB10 1RN £50,000 29/10/2021 Terraced

Street average: £77,468 (9 sales)

Area average: £74,332 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 40.1%
10y growth 89.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Burnley. Series: Terraced. As of March 2026.

1y (index) 3.1%
5y (index) 29.8%
10y (index) 77.9%

Rental Range

Estimated market rent for Burnley. Low = conservative, Realistic = average, Optimistic = best case.

Low £558/mo
Realistic £620/mo
Optimistic £682/mo

Based on Local Authority from postcode lookup → Burnley.

LHA (30th percentile) floor for West Pennine: £449/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Newman Street 0.0 miles
Shop William Hill 0.3 miles
Shop Asda Opticians 0.7 miles
Train station Burnley Central 0.8 miles
University UClan burnley temp 1.2 miles
Train station Burnley Barracks 1.3 miles
Hospital health center 4.6 miles
University University of Bradford Oxenhope Field Site 10.3 miles
Hospital The Beardwood Hospital 11.8 miles

Street-level crime

Category Count
Violence and sexual offences 118
Shoplifting 50
Anti-social behaviour 44
Criminal damage and arson 22
Drugs 19
Vehicle crime 17
Burglary 16
Public order 11
Other theft 9
Robbery 8
Other crime 6
Bicycle theft 2
Possession of weapons 1
Theft from the person 1
Total incidents 324

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Barden Primary School Primary 0.2 miles Good — 18 Jul 2024
Reedley Hallows Nursery School Nursery 0.2 miles Good — 26 Sep 2024
Holly Grove School Other 0.2 miles Outstanding — 28 May 2014
Rawdhatul Uloom Other 0.2 miles Good — 16 Mar 2023
Heasandford Primary School Primary 0.3 miles Good — 28 Apr 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Terraced House, Green Street, BB10 £550/mo 2 0.16 miles OpenRent
2 Bed Terraced House, Grasmere St, BB10 £750/mo 2 0.32 miles OpenRent
2 Bed End Terrace, Albert St, BB11 £650/mo 2 0.85 miles OpenRent
2 Bed Flat, Bull Street, BB11 £750/mo 2 1.09 miles OpenRent

Average rent: £675/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.4%
Max investor price (0.8%) £87,500
Target investor price (1%) £70,000
Gross yield 16.8%
Cost-to-rent ratio
Monthly cashflow £408/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 33.8%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).