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Clayton Street, Colne, BB8

West Midlands

£55,000Guide Price

Listed on 01/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
840 sqft

Description

This two-bedroom terraced property presents a valuable opportunity for buyers seeking to develop their ideal living space, making it an attractive option for both first-time homeowners and investors alike. Situated conveniently near Colne town centre, with local parks and West Street Primary School within easy reach, the location is highly desirable. The home features a sizable living room highlighted by a gas fire set within a wooden surround, fostering a cozy atmosphere. At the back of the property, the spacious kitchen/diner currently hosts traditional base units that can be modernized or reconfigured to create an open-plan layout that enhances natural light and flow. Upstairs, two generously sized double bedrooms share a centrally located family bathroom equipped with essential fixtures including a low-level WC and panelled bath. Outdoors, an enclosed rear yard offers a private area that requires minimal upkeep. This property is ripe for improvement and personal touch, making it perfect for those looking to invest in renovations that could significantly increase its value.

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Investment analysis

(BB8 area)

Below Market Value

This property is priced -61.6% below area average per sq ft

-61.6%
Potential saving
This Property
£65/sq ft
Area Average
£170/sq ft
Avg Rent (weekly)
£161
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£157,450
10% above area average per sq ft
Potential ROI
+96.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (BB8)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +7.4%
5 year growth: +1.5%
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

Clayton Street, Colne, 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
£208
Based on a loan of £41,250 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

Next Steps

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