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York Street, Colne, Lancashire, BB8

West Midlands

£100,000

Listed on 02/07/2026

Property details

Bedrooms
2
Type
End Of Terrace
Area
887 sqft

Description

Nestled within a desirable and established neighborhood in Colne, this spacious end-terrace property offers a remarkable chance for buyers eager to personalize their living space. The home requires comprehensive modernization, presenting a prime opportunity for investors and first-time buyers alike who are interested in taking on a renovation project. With no onward chain, prompt viewings are encouraged to explore its potential. Upon entering, you will find an entrance hallway that leads into two generous reception rooms, offering adaptable areas for both living and dining. The layout provides versatility that can be tailored to create either a comfortable family home or to enhance the property's investment appeal. The rear hosts a kitchen with a practical layout, ripe for refurbishment or complete redesign; with thoughtful updates, it could be transformed into an inviting modern kitchen suited for contemporary life. On the first floor, there are two spacious double bedrooms that benefit from ample natural light, alongside a shower room which also presents opportunities for personal enhancement. Outside, the property boasts a forecourt at the front and an enclosed rear yard, providing modest outdoor space that requires minimal upkeep. This combination of roomy accommodations, character features, and tremendous potential makes this no-chain property an excellent choice for those looking to invest in a sought-after area of Colne.

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Investment analysis

(BB8 area)

Below Market Value

This property is priced -33.8% below area average per sq ft

-33.8%
Potential saving
This Property
£113/sq ft
Area Average
£170/sq ft
Avg Rent (weekly)
£161
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£166,259
10% above area average per sq ft
Potential ROI
+27.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

York 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
£378
Based on a loan of £75,000 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

Next Steps

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