51 Olive Lane, Darwen
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51 Olive Lane, Darwen

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We have confidence in this estimated current valuation Updated recently
£59,800
Or £389 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Jul 17, 2014
£54,950
Rental
May 31, 2015
£385

Property Description

Data accuracy has been checked and verified for this property.

Our analysis

Welcome to 51 Olive Lane, Darwen, a cozy and compact terraced type home with 2 bed in the BB3 0ET area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band A.

This classic property was built before 1900 and has a reported internal area of 68 internal square metres The local area is known for its high value-to-quality ratio - with a market valuation of £59,800 and a rental potential of £389 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Jul 17, 2014. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

" Ainsworth Lord Estates Ltd are delighted to bring to the market this lovely mid-terraced property in a popular area with excellent connections (and at the right money!).

This property would be perfect for a first time buyer given it's very affordable price tag.

Or because of the attractive yield this property could generate, which we forecast to be around 10%, this property should be very appealing to investors. (We could provide a qualified tenant with a home owner guarantor if instructed).

Anyway... more about the property itself...

There is plenty of on-street parking at the front, and entering the property by the front door there is a vestibule which leads into a really nice homely lounge.
The lounge benefits from a neutral style of décor, brand new warm coloured carpets, a feature fireplace with inset electric fire, and additional storage space by way of a walk-in cupboard under the stairs.

At the rear of the property we have a large diner kitchen.
As you can see from the pictures, we have a generous sized diner kitchen that has been carefully designed to maximise the functionality of this room.
There are plenty of brand new cupboards, space for a tall fridge-freezer, and washing machine. There is a brand new oven, hob and extractor built in too.
Modern tiles have been used as a splash-back feature and brand new cushion flooring to the floor.

A door leads out from the kitchen to a rear yard.

Upstairs...

On the first floor we have two bedrooms and a lovely feature bathroom.

The Master Bedroom is situated at the front of the house. This is a huge bedroom! All neutral décor and brand new warm carpets.

The Second Bedroom is at the back of the house and is best described as a sensible sized single room. Again we have a neutral style of décor and new beige carpets.

Then there is the family bathroom - also situated at the back of the property.
As you can see form the pictures, we have a beautifully finished bathroom with modern tiling and good quality cushion flooring. The bathroom is comprised of the usual WC and pedestal was basin, and a fitted bat with electric shower over (and rigid shower screen).

Other information....

The property benefits from double glazing, and gas central heating. It has just been decorated and new floor covering fitted throughout.

All in all a fantastic buy!

Room Measurements (Approx)
Lounge: 4.1m x 4.2m
Kitchen/Diner: 4.1m x 3.3m
Master Bedroom: 4.1m x 4.1m
Bedroom 2: 3.3m x 2m
Bathroom: 2.5m x 2m

Interested??

Call our office to book a viewing before it's too late!
This house has been attractively priced to sell promptly. Don't miss this opportunity!

Remember our office is open 7 days a week - weekdays til 8pm so booking a viewing is easy, even if you're working.

NOTE TO INVESTORS....
If you are interested in purchasing this property we expect a yield on this property to be around 10%. We would find your tenant and do all your paperwork for FREE providing we were retained on full management. (Subject to T&C's)

NOTE TO BUYERS....

If you need to sell your property to make this purchase then speak to us. We would be happy to discuss the various options you have. We could start with a Free Market Appraisal/Valuation.

We have dozens of Cash Rich Buyers looking for properties to acquire..... who knows perhaps we could get them to make an offer on yours? Give us a call and let's see how we can get you moving.

Or, perhaps you don't really need to sell the house you're in? Have you considered this? You'd be surprised at the options available to you.

MORTGAGE ADVICE...

If you need assistance with arranging a mortgage to make this purchase, whether it's to buy as a home for yourself or as a BUY-to-LET for renting out, we have an in-house Independent Mortgage Advisor that would be delighted to go through the various products available and get you the best deal to suit your circumstances?

Contact us to arrange a free no obligation appointment - at a time to suit you, including evenings and weekends.
  "

Property Data

Data point Compared to road
Tax band A
75 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £272 Try Mortgage Tracker
Energy £977 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Darwen Aldridge Enterprise Studio
0.2mi
Holy Trinity VC School
0.2mi
Darwen St James CofE Primary Academy
0.3mi
Darwen Aldridge Community Academy
0.3mi
Sudell Primary School
0.4mi
Nearby Stations
Darwen Station
0.1mi
Mill Hill (Lancashire) Station
3.0mi
Cherry Tree Station
3.2mi
Blackburn Station
3.4mi
Entwistle Station
3.6mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
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New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000
๐Ÿค”
Greener Home
This could increase your home value by £5,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

There's even more data available!

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Frequently asked questions

  1. How much is 51 Olive Lane, Darwen worth?

    51 Olive Lane, Darwen is now worth £59,800 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 51 Olive Lane, Darwen - click click here to get a valuation with no strings attached.

  2. What is the rental value of 51 Olive Lane, Darwen?

    The current rental valuation for this property is £389 per month, within a price range of £350 and £428.

  3. How many bedrooms does 51 Olive Lane, Darwen have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 51 Olive Lane, Darwen?

    Nearby schools in include Darwen Aldridge Enterprise Studio, Holy Trinity VC School, Darwen St James CofE Primary Academy, Darwen Aldridge Community Academy, Sudell Primary School

    Nearby stations in include Darwen Station, Mill Hill (Lancashire) Station, Cherry Tree Station, Blackburn Station, Entwistle Station.

  5. What type of property is 51 Olive Lane, Darwen

    This is a Terraced property. There are 57 other Terraced properties on OLIVE LANE, and 63 in total.

  6. When was 51 Olive Lane, Darwen built? How old is 51 Olive Lane, Darwen?

    51 Olive Lane, Darwen was was built between before 1900.

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Blackburn, Lancashire Burnley, Lancashire Barnoldswick, Lancashire Darwen, Lancashire Rossendale, Lancashire Accrington, Lancashire Clitheroe, Lancashire Colne, Lancashire Nelson, Lancashire