Burnley has been highlighted as the cheapest place to buy a residential property in the UK, with an average price tag of £117,320. The article in the Daily Mail noted that Burnley had held on to its title as the cheapest place to buy. According to the article, prices have increased in the town by 65% over the last 10 years, increasing £46,280 from its average price in 2013. The town has also been named as one of the cheapest places to rent in the UK in another recent survey.
Burnley is enjoying somewhat of a moment in the spotlight following the success of the recent Netflix hit film, Bank of Dave. Coupled with Burnley’s recent re-entry to the Premier League, along with a number of development and redevelopment projects on the agenda, it seems that there are lots of reasons for buyers to look towards Burnley at the moment.
Lea Hough frequently undertake a wide range of surveys and investigations in Burnley for both residential and commercial clients. Our team have also been instructed by the local council on a number of occasions to undertake valuation projects and project management work.
Recent projects our Chartered Surveyors and Valuers have conducted in Burnley include:
- Schedule of Condition and Fire Compartmentation Advice for a detached commercial unit for a local IT company.
- Commercial Building Survey / Pre-acquisition Survey for a late 1800’s mid terraced property.
- Specification and Contract Administration Work for various properties within St James Street Heritage Action Zone
- Design, Specification and Contract Administration Work for Burnley Council’s Exemplar Project within St James Street Heritage Action Zone
- Specific Defect Report / Condition Report of the roof coverings on an industrial unit
- Terminal Dilapidations Report of an industrial unit.
- Insurance reinstatement valuations for Burnley Council on Newtown Mill, retail property on St James Street and on the new Pioneer Place development in the middle of town.
- Pension fund valuation carried out on industrial warehouse and yard on the Smallshaw Industrial Estate.
- Charities Act Valuation carried out on a methodist church.
- Valuation for accounts purposes on a mill premises on Plumbe Street.
- Pension fund valuation carried out on a warehouse at Farrington Court.
To speak to a member of our team about a residential survey for a property in Burnley, including a RICS Homebuyer Report, a Building Survey Report, or a Valuation Report, please get in touch.
Our commercial property team would also be happy to discuss our full range of survey reports and services.
