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Mason Street, Colne, Lancashire, BB8

West Midlands

£80,000

Listed on 05/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
577 sqft

Description

Located just a short stroll from the vibrant centre of Colne, this two-bedroom mid-terrace property is an intriguing prospect for those with an eye for renovation. The layout includes a welcoming reception room that flows into a generously sized kitchen diner, which has significant potential for redesign or modern upgrades. Upstairs, you will find two reasonably sized bedrooms alongside a family bathroom. Although some areas of the property are in need of modernization, this presents an excellent opportunity for both investors and first-time buyers to increase value through thoughtful renovations. With on-street parking available at the front, this home offers both convenience and project potential in a sought-after area.

Investment Analysis

(BB8 area)

Below Market Value

This property is priced -19.7% below area average per sq ft

-19.7%
Potential saving
This Property
£139/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
£109,581
10% above area average per sq ft
Potential ROI
+4.4%
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

Mason 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
£302
Based on a loan of £60,000 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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