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Gordon Street, Colne, Lancashire, BB8

West Midlands

£127,500

Listed on 29/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

Nestled within a traditional street, this mid-terrace property presents a solid investment opportunity located a short distance from the heart of Colne town. Available without any onward chain, it’s particularly appealing for first-time buyers or investors looking to enhance their portfolio. The front of the house features a charming stone wall adorned with wrought iron fencing, guiding you to the entrance. Inside, the layout begins with a vestibule and hallway leading into two generous reception rooms, both showcasing gas fireplaces that serve as focal points. The kitchen, while contemporary in design with its glossy grey units and integrated appliances, offers scope for personal touches or upgrades. On the upper floor are two sizable bedrooms; the rear room benefits from built-in closet space. The three-piece bathroom includes an electric shower over the bath and houses the combination boiler. A notable feature is the good-sized cellar accessed from the rear reception, which holds considerable potential for conversion into additional living space, whether as an office or workshop. An external outbuilding with water supply further enhances functional use. This home provides ample living space that could easily suit both first-time buyers and those seeking an investment property. With neutrality throughout, there’s significant potential for a new owner to inject their style and flair to enhance its appeal. Gordon Street is well-regarded among first-time buyers and landlords due to its proximity to local amenities, educational facilities and reliable transport links. Additionally, nearby countryside paths offer scenic escapes while ensuring everyday needs are met within easy reach.

Investment Analysis

(BB8 area)
Area Average
£173/sq ft
Avg Rent (weekly)
£168
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (BB8)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +6.7%
5 year growth: +3.9%
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

Gordon Street, Colne, Lancashire, BB8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£482
Based on a loan of £95,625 over 30 years at 4.45% 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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