Summary - 2 NEW CHAPEL STREET BLACKBURN BB2 2RD
1 bed 1 bath Apartment
Leasehold auction lot — one-bedroom fixer with strong refurbishment upside and transport links.
539 sq ft one-bedroom flat requiring full renovation
A one-bedroom leasehold flat offered for sale via Secure Sale online auction (terms apply) with a stated starting bid of £50,000. The 539 sq ft apartment sits in a mixed-use, end-terrace building constructed c.1900–1929 and presents a straightforward refurbishment project. It has double glazing (unknown install date), mains gas boiler and radiators, and an EPC rating of C.
The accommodation includes a double bedroom with built-in wardrobes, a separate reception room with large windows and good natural light, a basic kitchen with wall and base units, and a shower room. The flat needs renovation throughout — cosmetics, likely updating of fittings, and insulation improvements (cavity walls currently uninsulated are assumed). These works create scope to add value if budgeted carefully.
Important practical points: the property is leasehold and will be sold at auction, so buyers must follow the auction terms and ensure due diligence before bidding. The immediate area is very deprived with above-average crime statistics, although local public transport and schools are accessible and mobile/broadband connectivity are good. Council tax is very cheap, which supports low running costs while works are undertaken.
This is best suited to investors or experienced buy-to-let renovators looking for a low-entry purchase in Blackburn’s town centre. It offers refurbishment potential and rental demand from local constrained renters, but requires a clear plan and realistic costings to manage the location risks and necessary upgrades.
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