Worst House on the Street Logo
Atkinson Street, Colne, BB8 - Image 1
Atkinson Street, Colne, BB8 - Image 2
Atkinson Street, Colne, BB8 - Image 3
Atkinson Street, Colne, BB8 - Image 4
Atkinson Street, Colne, BB8 - Image 5
Atkinson Street, Colne, BB8 - Image 6

Atkinson Street, Colne, BB8

West Midlands

£65,000
Listed on 09/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
661 sqft

Description

This mid-terraced property is positioned off Knotts Lane, benefiting from a serene backdrop of open countryside. While it presents an opportunity for renovation, the home already features PVC double glazing throughout, providing a solid foundation for modernization. The layout includes a vestibule leading into a living room equipped with a fitted gas fire and a large PVC double glazed window that invites ample natural light. The dining kitchen offers a range of base and wall units alongside working surfaces, making it a functional space ripe for updates. Two PVC double glazed windows and an understairs storage area enhance its practicality. Upstairs, the first floor houses two bedrooms. The primary bedroom includes an inbuilt cupboard for additional storage, while the second bedroom also benefits from a PVC double glazed window. The bathroom features a three-piece suite with a panelled bath, pedestal wash hand basin, and toilet, all needing refurbishment to realize their full potential. Outside, residents will find a forecourt at the front and a small yard at the rear—both areas could be transformed into inviting outdoor spaces with some creativity. As this property is leasehold with 841 years remaining on its term (from January 1, 1867), it presents an appealing opportunity for investors or first-time buyers looking to make their mark on an adaptable home. Although certain fixtures may require attention due to their unspecified condition, prospective purchasers are encouraged to envision the possibilities that arise from revitalizing this space into something truly unique.

Investment Analysis

(BB8 area)

Below Market Value

This property is priced -42.3% below area average per sq ft

-42.3%
Potential saving
This Property
£98/sq ft
Area Average
£171/sq ft
Avg Rent (weekly)
£163
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£123,971
10% above area average per sq ft
Potential ROI
+37.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (BB8)

Area prices are rising by +2.5% over the last 12 months
3 year growth: -1.7%
5 year growth: 4.1%
Investment Disclaimer: Analysis based on BB8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Atkinson Street, Colne, BB8
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£238
Based on a loan of £48,750 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE