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Bents, Colne

West Midlands

£75,000
Listed on 09/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
543 sqft

Description

Nestled in a convenient area of Bents, Colne, this two-bedroom cottage offers a unique opportunity for potential buyers looking for a property with character and significant renovation possibilities. The compact layout features practical accommodation that appeals to first-time buyers, downsizers, or those motivated by a project that allows for personal customization. The ground floor showcases an open-plan living space that merges the lounge and kitchen areas. This configuration fosters a warm atmosphere conducive to both relaxing and entertaining, while also benefiting from ample natural light. The kitchen, equipped with basic units, presents an opportunity for enhancement according to individual preferences and modern standards. On the upper level, you will find two generously sized bedrooms. Their flexible design makes them suitable for various uses—whether as a main bedroom, guest room, or home office—catering to your specific needs. A three-piece shower room completes the upstairs layout, ensuring functionality is maintained throughout the property. Outside, a modest garden at the rear provides an easily manageable outdoor space. This area not only offers potential for simple landscaping but also invites creative ideas for seating arrangements or garden features that could enhance its appeal as a tranquil retreat. Although some updates are necessary to fully realize its potential, this cottage serves as an excellent foundation for anyone eager to transform it into their ideal home. Located in a well-connected part of Colne, the property is positioned to benefit from future investments in the area, making it an attractive option for those looking to add value over time. With innovative vision and investment efforts, this cottage can evolve into a charming residence tailored to modern tastes while preserving its inherent character.

Investment Analysis

(BB8 area)

Below Market Value

This property is priced -19.0% below area average per sq ft

-19.0%
Potential saving
This Property
£138/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
£101,840
10% above area average per sq ft
Potential ROI
+1.8%
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

Bents, Colne
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£275
Based on a loan of £56,250 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.

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