Summary - 2 NEW CHAPEL STREET BLACKBURN BB2 2RD
1 bed 1 bath Flat
Auction: long-lease one-bedroom flat with strong refurbishment upside..
Long lease: 964 years remaining, low long-term tenure risk
539 sq ft one-bedroom flat with separate reception room
Requires full renovation; dated interiors and likely insulation upgrade
Above-average local crime; area classed as very deprived
Sold at auction via online Secure Sale platform
Good transport links, fast broadband, excellent mobile signal
Council Tax Band A — very cheap running cost
No flood risk; Victorian building with character features
This one-bedroom first-floor flat on New Chapel Street is a clear value play for investors and buy-to-let refurbishers. The property is sold at auction via Secure Sale online bidding and comes with a very long lease (964 years), a manageable Council Tax Band A, and no flood risk.
The flat requires full renovation and modernization: dated interiors, an older roof and external wiring, and cavity walls with no insulation (assumed). The accommodation totals about 539 sq ft and includes a double bedroom with built-in wardrobes, a separate reception room with good natural light, a shower room, and a kitchen with existing wall and base units — all providing a straightforward refurbishment plan to increase rental or resale value.
Location strengths include excellent mobile signal, fast broadband, nearby rail and transport links, and a cluster of local schools rated Good. Notable local challenges — the area is very deprived with above-average crime levels and a local profile described as “constrained renters” — which may affect tenant demand, rental levels and perceived yield risk. Buyers should factor refurbishment costs and local market dynamics into their offers.
Overall, this property suits a hands-on investor or renovator who can complete works, improve energy performance, and reposition the flat for rental or resale. The long lease and low running council tax help the numbers; the auction sale and evident repair needs make thorough pre-bid budgeting essential.
1 bedroom apartment for sale in New Chapel Street, Blackburn, BB2 — £35,000 • 1 bed • 1 bath • 539 ft²
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