2-bedroom terraced house · BB12 7EU
Sold STCListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Petty Real are delighted to bring to the market Melbourne Street, Padiham – a two-bedroom mid-terrace property offered for sale with no onward chain delay and representing an excellent opportunity for both first-time buyers and investors.
Located just off Stockbridge Road, Melbourne Street is conveniently positioned close to Padiham town centre, with the Padiham Greenway close by, providing an attractive route for walking and cycling.
Padiham itself offers a range of everyday amenities including independent shops, cafés, pubs, restaurants and local services, whilst the town also benefits from excellent access to Burnley and the wider motorway network via the M65.
The property itself offers approximately 63.6 sq. metres (685.1 sq. ft.) of accommodation arranged over two floors.
On entering the property, you are welcomed into the open-plan ground floor, with the reception room flowing directly through towards the kitchen.
The reception room provides a generous living space with an open understairs area providing useful additional storage.
To the rear is the fitted kitchen, offering a practical range of wall and base units together with space for appliances.
Ground Floor: Reception Room: 4.16m x 4.25m max (13'8" x 13'11" max) Kitchen: 3.13m x 3.25m (10'3" x 10'8") To the first floor are two well-proportioned bedrooms, with the larger master bedroom positioned to the front of the property and the second bedroom located to the rear.
Completing the accommodation is the three-piece family bathroom, comprising a WC, wash hand basin and bath with overhead shower.
First Floor: Master Bedroom: 3.78m x 4.26m (12'5" x 14'0") Bedroom Two: 3.51m x 1.95m (11'6" x 6'5") Bathroom: 2.42m x 2.22m (7'11" x 7'3") The location is particularly appealing for those wanting convenient access to local amenities, with Padiham Greenway, local primary schools and Shuttleworth College all within the surrounding area.
Melbourne Street offers a well-located two-bedroom home with no onward chain delay, making it an attractive proposition for a first-time buyer looking to take their first step onto the property ladder or an investor seeking a property in an established Padiham residential location.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About 12 Melbourne Street, Burnley
Explore nearby