Sold STC Terraced

188 GANNOW LANE

BURNLEY, LANCASHIRE BB12 6JJ

2 beds 1 baths 614 sq ft Listed 23 Apr 2025 (-428d)

£80,000

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Property details

Tenure

FREEHOLD

Floor area

57 m²

Council tax band

A

EPC rating

C

Year built

England and Wales: 1900-1929

Last sold

£80,500 Jul 2025

Price per m²

£1,404/m²

Local average

£117,853 (-32.1%)

Deprivation

Decile 3 (6,777 of 33,755)

Street crime

364 incidents within 1 mile (Apr 2026)

Key features

  • TWO BEDROOM MID TERRACE COTTAGE
  • VERY WELL PRESENTED
  • CHARMING PATIO GARDEN TO REAR
  • NEWLY FITTED MODERN SHOWER ROOM
  • CONVENIENT LOCATION
  • FREEHOLD

Additional details

Garden
Rear garden
Listed property
No
Restrictions
No
Required access
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

Duckworths are delighted to present this charming terraced cottage for sale. In good condition, this property is ideally suited for first-time buyers, investors, or families seeking a cosy home with plenty of potential.
This property boasts two bedrooms; a spacious double and a comfortable single, suitable for a variety of needs. The bathroom is a newly fitted shower room, demonstrating modern touches throughout.
At the heart of the house is the kitchen, filled with natural light and complete with built-in pantries, making it an ideal space for home-cooking and entertaining. The property also has one good sized reception room, providing a space for relaxation and family time.
Additionally, the property sits within council tax band A, further enhancing its appeal to first-time buyers or investors looking for a cost-effective investment.
One of the main attractions of this property is its prime location. It is conveniently situated close to public transport links, making commuting a breeze. It also offers easy access to local amenities, ensuring you have everything you need right on your doorstep. Plus, the nearby green spaces are perfect for families or those who enjoy outdoor activities.
In summary, this terraced house is a wonderful opportunity for those looking to step onto the property ladder or for investors looking to expand their portfolios. With its good condition, convenient location and potential for personalisation, this home is ready to welcome its new owners. Arrange a viewing today to truly appreciate what this property has to offer.
EPC Rating: C

Listed by

Burnley

Duckworths Estate Agents

Reference: 161041931

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 20/05/2025

Expiry date: 19/05/2035

Current heating cost: £610/year

Potential heating cost: £483/year

Est. upgrade cost to C: £18,500

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • 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)

Floorplans

All

All

Price history

40% since 2019

Event Date Price % change
Sold 02/07/2025 (11 months ago) £80,500 +40%
Sold 14/06/2019 (7 years ago) £57,500

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
9 SALTBURN STREET, BURNLEY, LANCASHIRE, BB12 6JW £90,000 12/01/2026 Terraced
49 WREN STREET, BURNLEY, LANCASHIRE, BB12 6QT £75,000 10/12/2025 Terraced
81 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6QH £56,000 27/10/2025 Terraced
10 WREN STREET, BURNLEY, LANCASHIRE, BB12 6QG £85,000 05/09/2025 Terraced
25 WREN STREET, BURNLEY, LANCASHIRE, BB12 6QG £75,000 14/03/2025 Terraced
11 LUBBOCK STREET, BURNLEY, LANCASHIRE, BB12 6QY £80,000 03/02/2025 Terraced
Same street 250 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6JJ £39,900 31/01/2025 Terraced
10 LUBBOCK STREET, BURNLEY, LANCASHIRE, BB12 6QY £60,000 18/12/2023 Terraced
71 WOODBINE ROAD, BURNLEY, LANCASHIRE, BB12 6QF £95,999 14/12/2023 Terraced
Same street 220 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6JJ £79,750 01/12/2023 Terraced
30 WILSON FOLD, BURNLEY, LANCASHIRE, BB12 6JU £170,000 01/12/2023 Terraced
15 SUNDERLAND STREET, BURNLEY, LANCASHIRE, BB12 6JP £82,000 10/11/2023 Terraced
83 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6QH £39,950 23/10/2023 Terraced
20 WORDSWORTH STREET, BURNLEY, LANCASHIRE, BB12 6QE £69,000 29/09/2023 Terraced
17 CONISTON STREET, BURNLEY, LANCASHIRE, BB12 6QX £80,000 22/09/2023 Terraced
8 DICKSON STREET, BURNLEY, LANCASHIRE, BB12 6QQ £53,000 25/07/2023 Terraced
46 SUNDERLAND STREET, BURNLEY, LANCASHIRE, BB12 6JP £99,950 30/06/2023 Terraced
12 WREN STREET, BURNLEY, LANCASHIRE, BB12 6QG £86,999 25/05/2023 Terraced
80 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6QD £57,500 28/04/2023 Terraced
4 WREN STREET, BURNLEY, LANCASHIRE, BB12 6QG £35,000 26/04/2023 Terraced
Same street 234 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6JJ £52,000 20/03/2023 Terraced
17 WREN STREET, BURNLEY, LANCASHIRE, BB12 6QG £72,500 27/02/2023 Terraced
134 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6QH £60,000 27/01/2023 Terraced
Same street 244 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6JJ £226,882 30/09/2022 Terraced
Same street 218 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6JJ £100,000 24/06/2022 Terraced
Same street 244 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6JJ £80,000 14/01/2022 Terraced
Same street 206 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6JJ £70,000 05/01/2022 Terraced
Same street 252 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6JJ £87,000 29/11/2021 Terraced
Same street 222 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6JJ £50,000 11/10/2021 Terraced
Same street 208 GANNOW LANE, BURNLEY, LANCASHIRE, BB12 6JJ £89,000 29/09/2021 Terraced

Street average: £87,453 (10 sales)

Area average: £76,145 (20 sales)

Capital growth trend

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

5y growth 15.5%
10y growth 76.4%

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 £560/mo
Realistic £622/mo
Optimistic £684/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 Sycamore Close 0.1 miles
Bus stop Woodbine Road 0.1 miles
Shop Unknown 0.2 miles
Train station Rose Grove 0.4 miles
Train station Burnley Barracks 0.7 miles
Shop It's A Wooden World 0.8 miles
University UClan burnley temp 0.9 miles
Hospital health center 6.4 miles
Hospital The Beardwood Hospital 10.0 miles
University University of Bradford Oxenhope Field Site 11.8 miles

Street-level crime

Category Count
Violence and sexual offences 125
Shoplifting 50
Anti-social behaviour 37
Criminal damage and arson 30
Burglary 28
Other theft 22
Public order 20
Vehicle crime 19
Other crime 15
Drugs 8
Robbery 4
Possession of weapons 3
Theft from the person 2
Bicycle theft 1
Total incidents 364

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
Ightenhill Nursery School Nursery 0.2 miles Outstanding — 11 Nov 2014
Burnley Ightenhill Primary School Primary 0.3 miles Good — 24 Dec 2013
Rosegrove Nursery School Nursery 0.3 miles Outstanding — 8 Dec 2019
St Augustine of Canterbury RC Primary School, A Voluntary Academy Primary 0.3 miles Good — 20 Feb 2014
Rosegrove Infant School Primary 0.4 miles Good — 16 May 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, Wordsworth Street, BB12 £700/mo 2 0.2 miles OpenRent
2 Bed Flat, Allendale Court, BB12 £695/mo 2 0.24 miles OpenRent
2 Bed Terraced House, Coultate St, BB12 £650/mo 2 0.25 miles OpenRent
2 Bed End Terrace, Kime Street, BB12 £650/mo 2 0.27 miles OpenRent
2 Bed Terraced House, Oak Street, BB12 £800/mo 2 0.29 miles OpenRent
2 Bed Terraced House, Kime Street, BB12 £550/mo 2 0.29 miles OpenRent
2 Bed Flat, Herbert St, BB11 £550/mo 2 0.86 miles OpenRent
2 Bed Terraced House, Manchester Road, BB11 £700/mo 2 1.19 miles OpenRent

Average rent: £662/mo (8 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.84%
Max investor price (0.8%) £84,125
Target investor price (1%) £67,300
Gross yield 10.1%
Cost-to-rent ratio 9.9×
Monthly cashflow £266/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 13.7%
  • 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).