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Barrowford Road, Colne, Lancashire, BB8

West Midlands

£105,000

Listed on 02/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
388 sqft

Description

This traditional stone-built home presents a noteworthy opportunity for buyers with a vision for renovation. Located within walkable distance to Alkincoats Park, the property boasts spacious interiors and significant potential for improvement, making it an excellent canvas for those looking to tailor their living space. The ground floor features a welcoming vestibule leading into a sizable living room, alongside a central hallway that connects to the kitchen, which includes a practical pantry area accommodating the combination boiler. On the first floor, you will find two bedrooms and a bathroom equipped with an electric shower over the bath. Outside, the generous rear garden space includes a timber shed, providing an ideal setting to create a low-maintenance outdoor retreat for relaxation or entertaining. This property offers easy access to Colne's vibrant town centre filled with shops, cafés, and amenities while also being conveniently close to the M65 motorway for straightforward commuting throughout Lancashire. With well-regarded schools and ample green spaces nearby, this home is poised for transformation in a desirable location.

Investment Analysis

(BB8 area)

Above Market Value

This property is priced +56.7% above area average per sq ft

+56.7%
This Property
£271/sq ft
Area Average
£173/sq ft
Avg Rent (weekly)
£168
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£73,687
10% above area average per sq ft
Potential ROI
-43.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Barrowford Road, 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
£397
Based on a loan of £78,750 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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