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Colne Road, Burnley, Lancashire, BB10

West Midlands

£200,000

Listed on 26/06/2026

Property details

Bedrooms
6
Type
Terraced
Area
2805 sqft

Description

Positioned in a well-established residential area of BB10, this substantial six-bedroom family home presents an exceptional renovation opportunity. Featuring over four levels of flexible living space, this property is particularly well-suited for large families or those seeking ample room to grow. The generous layout includes two spacious reception rooms ideal for both entertaining and daily family life, alongside a centrally located kitchen and a convenient ground-floor bathroom complemented by a lean-to conservatory. One notable aspect of the property is the expansive lower ground floor cellar, which boasts an additional kitchen area and storage room. This level holds significant potential for transformation into self-contained living quarters, an annexe, or even a personal gym or cinema, subject to planning permissions. The first floor accommodates four generously sized bedrooms accompanied by a family bathroom, while the second floor features two more spacious double bedrooms, promoting versatile living arrangements. A private rear yard and two off-road parking spaces enhance the practicality of this property. Although the home would benefit from modernization and updating throughout, it offers buyers the chance to create a unique family residence tailored to their preferences. With impressive room dimensions and substantial potential across its four floors, this period property represents a rare find in today’s real estate market.

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Investment analysis

(BB10 area)

Below Market Value

This property is priced -58.8% below area average per sq ft

-58.8%
Potential saving
This Property
£71/sq ft
Area Average
£173/sq ft
Avg Rent (weekly)
£155
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£534,254
10% above area average per sq ft
Potential ROI
+97.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (BB10)

Area prices are falling by -5.5% over the last 12 months
3 year growth: +11.6%
5 year growth: +33.6%
Investment Disclaimer: Analysis based on BB10 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

Colne Road, Burnley, Lancashire, BB10
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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
£756
Based on a loan of £150,000 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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