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125 Venables Avenue, Colne, BB8 7DH

West Midlands

£110,000
Listed on 23/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1087 sqft

Description

This semi-detached chalet bungalow, located off Castle Road and within proximity to Colne Town Centre and Colne Train Station, presents a compelling opportunity for renovation. With vacant possession, the property is arranged over two floors, providing three bedrooms, a living room, a kitchen, and a bathroom. The potential for modernisation is significant; you could redesign the interior to meet contemporary standards while enhancing its value. Features include off-street parking with a driveway, a garage for additional storage or workshop space, and both front and rear gardens—ideal for landscaping or outdoor enjoyment. Leasehold details indicate a long-term agreement with 937 years remaining, adding stability as you consider your investment strategy.

Investment Analysis

(BB8 area)

Below Market Value

This property is priced -39.0% below area average per sq ft

-39.0%
Potential saving
This Property
£101/sq ft
Area Average
£166/sq ft
Avg Rent (weekly)
£159
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£198,486
10% above area average per sq ft
Potential ROI
+32.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

125 Venables Avenue, Colne, BB8 7DH
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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
£390
Based on a loan of £82,500 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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