Skipton Road, Colne
West Midlands
£120,000
Listed on 22/10/2026
Listed on 22/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
1089 sqftFeatures
- Garden
- Parking
Description
This three-bedroom mid-terraced house in Colne is arranged over three floors and is offered with no onward chain. The ground floor has an entrance hall and two separate reception rooms, providing scope to arrange the living and dining areas to suit different needs. The kitchen is at the rear and connects towards the outside space; the listing notes that the property would benefit from updating, with the existing layout available to adapt or personalise.
On the first floor are two bedrooms and a shower room, while a further attic room is arranged as the third bedroom. The attic accommodation may be subject to relevant consents and regulations. Outside, there is a front garden forecourt and an enclosed rear yard with garage-door access and potential for off-road parking. The house offers an opportunity to modernise an established layout.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
79out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £120,000, this three-storey Colne terrace is priced at about £110 per sq ft, around 35% below the local average — a strong entry point for a buyer looking to acquire and add value. The two reception rooms, three-floor layout and attic room with a rooflight and radiator give the house useful scope, while the broadly intact stone frontage is a positive starting point.
The project looks mainly cosmetic: older finishes run through the photographed rooms, with a usable but dated kitchen and shower room, plus a weathered rear yard wall. A £5,000–£13,000 renovation range suggests room to refresh and personalise the property without the notes pointing to major visible defects.
Key opportunities
- Refresh the dated wall finishes and flooring across the reception rooms and bedrooms.
- Update the usable kitchen and shower room to suit a buyer’s taste.
- Make the most of the attic room, rooflight and enclosed rear yard with garage-door access.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£453
Based on a loan of £90,000 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.
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