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Dudley Street, Colne

West Midlands

£115,000
Listed on 07/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
928 sqft

Description

This mid-terrace home in Colne presents a promising opportunity for both first-time buyers and investors seeking a property ripe for transformation. Although the residence requires some modernization, it offers a blank slate for those looking to craft their ideal living space. The front garden forecourt welcomes you into a cozy lounge area, perfect for everyday comfort. The ground floor features an open-plan kitchen and dining area, providing flexibility for cooking, dining, and socializing. Upstairs, you'll find two generously sized bedrooms alongside a family bathroom, catering well to small families or couples. Additionally, the attic space adds potential for storage solutions or even future conversion with the right planning permissions. The rear yard contributes outdoor space, complementing the indoor living areas. Notable amenities include gas central heating and double glazing that enhance comfort throughout the home. With no onward chain attached to this property, it's an appealing choice for anyone looking to invest time and effort into adding value while making it their own.

Investment Analysis

(BB8 area)

Below Market Value

This property is priced -27.3% below area average per sq ft

-27.3%
Potential saving
This Property
£124/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
£174,046
10% above area average per sq ft
Potential ROI
+24.3%
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

Dudley Street, 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
£421
Based on a loan of £86,250 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