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Ing Dene Avenue, Colne

West Midlands

£225,000
Listed on 27/11/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached house in a desirable residential area of Colne presents a compelling opportunity for buyers interested in renovation projects. The property, which is available via the Modern Method of Auction, requires comprehensive refurbishment throughout, making it an appealing choice for investors and developers seeking to add value or families looking to create their dream home. The layout includes a welcoming entrance hallway leading to the kitchen at the front and a spacious living room that opens to the rear garden through French doors. Upstairs, four bedrooms are situated alongside a family bathroom, with the master bedroom featuring an en-suite shower room. Outside, there’s off-road parking with a driveway and an integral garage, adding further convenience. The property is within close proximity to local schools, amenities, and transport links, providing excellent potential for growth in this sought-after location.

Investment Analysis

(BB8 area)
Area Average
£171/sq ft
Avg Rent (weekly)
£163
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
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

Ing Dene Avenue, 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
£824
Based on a loan of £168,750 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.

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