Worst House on the Street Logo
Derby Street, Colne, BB8 - Image 1
Derby Street, Colne, BB8 - Image 2
Derby Street, Colne, BB8 - Image 3
Derby Street, Colne, BB8 - Image 4
Derby Street, Colne, BB8 - Image 5
Derby Street, Colne, BB8 - Image 6
Derby Street, Colne, BB8 - Image 7
Derby Street, Colne, BB8 - Image 8
Derby Street, Colne, BB8 - Image 9
Derby Street, Colne, BB8 - Image 10
Derby Street, Colne, BB8 - Image 11

Derby Street, Colne, BB8

West Midlands

£89,995
Listed on 20/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1098 sqft

Description

This three-bedroom terraced house is located in Colne and presents a valuable opportunity for those looking to engage in a comprehensive refurbishment project. Set across three levels, the layout features an entrance that opens into a living room, a distinct dining area, and a rear kitchen. The upper floors host three generously sized bedrooms alongside a family bathroom. The property is in need of modernization throughout, making it an ideal canvas for investors or buyers eager to enhance its value by tailoring it to their personal taste and needs. Strategically situated near the M65 motorway, this property benefits from excellent transport links to nearby towns and cities. Local amenities, shops, and respected schools are also within reach, increasing its attractiveness for potential homeowners and investors alike.

Investment Analysis

(BB8 area)

Below Market Value

This property is priced -51.2% below area average per sq ft

-51.2%
Potential saving
This Property
£82/sq ft
Area Average
£168/sq ft
Avg Rent (weekly)
£158
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£202,850
10% above area average per sq ft
Potential ROI
+30.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (BB8)

Area prices are rising by +6.1% over the last 12 months
3 year growth: +4.1%
5 year growth: +5.4%
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

Derby Street, Colne, BB8
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£325
Based on a loan of £67,496 over 30 years at 4.06% 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.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.