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Harrison Drive, Colne, Lancashire, BB8

West Midlands

£160,000
Listed on 22/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
860 sqft

Description

This three-bedroom semi-detached house is situated on a desirable corner plot in Colne, offering a significant outdoor space and valuable off-road parking. The property, which extends to approximately 860 sq ft, is freehold and comes with no onward chain, making it an appealing opportunity for prospective buyers. Inside, the ground floor features two versatile reception rooms that can serve as living and dining areas along with a separate kitchen. An additional room at the back of the kitchen provides great potential for use as a utility or storage space. Upstairs, there are three bedrooms accompanied by a family bathroom, presenting a practical layout ideal for families or first-time buyers. The expansive corner garden enhances this property’s appeal, providing ample possibilities for outdoor living, extensions (subject to necessary consents), or even creative landscaping projects. Although the interior requires updating, this presents an excellent chance for new owners to personalize their home in a well-established residential area close to local amenities and transport links.

Investment Analysis

(BB8 area)

Above Market Value

This property is priced +12.1% above area average per sq ft

+12.1%
This Property
£186/sq ft
Area Average
£166/sq ft
Avg Rent (weekly)
£159
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£157,036
10% above area average per sq ft
Potential ROI
-15.1%
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
26%
Properties sold annually

Local Market Trend (BB8)

Area prices are rising by +8.7% over the last 12 months
3 year growth: +6.6%
5 year growth: +7.2%
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

Harrison Drive, Colne, Lancashire, BB8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£567
Based on a loan of £120,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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