Nestled in a central area of Colne, this substantial property presents an intriguing opportunity for renovation and development. With its prime positioning close to local amenities and robust transport options, the site is ripe for investors or developers looking to capitalize on its potential.
Set on a generous plot, the property consists of a welcoming entrance hallway that leads into a comfortably sized living room, along with an additional spacious sitting room. The dining kitchen provides access to both the cellar and the rear garden, offering possibilities for expansion or reconfiguration.
The layout includes four well-proportioned bedrooms divided across two floors. The first floor features two bedrooms complemented by a sizable house bathroom, while the second floor hosts two additional bedrooms. With an approximate total floor area of 1,500 sq ft, there are various avenues for transformation. One option includes refurbishing it into an appealing three-storey family home with four bedrooms. Alternatively, it could be converted into a six-bedroom house in multiple occupation (HMO), benefiting from Colne's non-Article 4 status which simplifies the necessary approvals.
Additionally, adjacent properties offer further investment possibilities; specifically, number 9 Bridge Street may lend itself to conversion into flat accommodations, also featuring approximately six bedrooms and six bathrooms, pending consent.
This property offers considerable flexibility and scale in a desirable locale, making it a valuable prospect for those seeking to invest in property with strong potential. An early viewing is advisable to fully grasp what this property has to offer.
