North Street, COLNE, Lancashire, BB8
West Midlands
£80,000Guide Price
Listed on 04/11/2026
Listed on 04/11/2026
The listing
Property details
Bedrooms
3Type
Semi Detached HouseArea
782 sqftFeatures
- Garden
- Parking
Description
This three-bedroom semi-detached house occupies a corner plot with gardens around the front, side and rear, as well as a driveway for off-road parking. The property is freehold, has no onward chain, and probate has been granted. Offered for sale by the Modern Method of Auction, the purchase is subject to the stated reservation period, fee and buyer information pack terms, which should be reviewed before bidding.
Inside, the ground floor has an entrance vestibule, a spacious reception room and a separate kitchen/dining room. Upstairs are three bedrooms and a family bathroom with a three-piece suite. The listing describes the house as requiring upgrading and modernisation, giving buyers scope to plan improvements to the accommodation and outdoor space. The floor area is approximately 782 sq ft.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
68out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £80,000, this three-bedroom semi-detached house is priced at about £102/sqf, around 40% below the local average of £170/sqf—a strong entry-price opportunity for someone looking to create value. Its corner plot, wrap-around gardens, driveway and separate reception and kitchen/dining rooms give the project useful scope, while the dated finishes across the rooms shown and overgrown garden offer a clear medium-scale programme of modernisation and improvement.
The overall opportunity is promising rather than straightforward: the asking price is compelling, but the economics are moderate, so the purchase price alone does not guarantee a strong finished-project margin. The exterior looks weathered, though the photos show no clear structural failure; the garden and interior finishes are the more visible areas to tackle.
Key opportunities
- Acquire at around 40% below the local average £/sqf, giving a strong starting point for a value-add project.
- Use the separate reception and kitchen/dining rooms as a flexible basis for redecoration and a refreshed layout or specification.
- Clear and landscape the wrap-around gardens to make better use of the corner plot and visible outdoor space.
Key risks
- The asking-price advantage does not by itself ensure a strong finished-project margin; the economics are moderate.
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Transport
Nearest stations
Colne Rail Station
0.8 miles
Train · Colne
Nelson Rail Station
2.6 miles
Train · Nelson
Brierfield Rail Station
3.9 miles
Train · Brierfield
Burnley Central Rail Station
5.7 miles
Train · Burnley
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£327
Based on a loan of £60,000 over 30 years at 5.13% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tax
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Indicative tax based on the asking price and the options you select.
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