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Norfolk Street, Colne, BB8 9JH

West Midlands

£85,000

Listed on 16/07/2026

Property details

Bedrooms
3
Type
Terraced

Description

This property presents a promising renovation opportunity in one of Colne's desirable residential areas. The three-bedroom gable end terrace at this location offers ample living space and is bursting with character, making it an attractive project for investors, developers, or first-time buyers aiming to create a personalized home. While the interior requires significant updating and modern amenities, it serves as a blank canvas ripe for transformation into either a family residence or a rental investment with strong yield potential. Inside, you'll find two spacious reception rooms, including a cozy living room showcasing a wood-burning stove that adds charm. The kitchen is ready for enhancements to meet contemporary living standards. On the upper level, three generously sized bedrooms are complemented by a family bathroom.

Investment analysis

(BB8 area)
Area Average
£170/sq ft
Avg Rent (weekly)
£161
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Norfolk Street, Colne, BB8 9JH
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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
£321
Based on a loan of £63,750 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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