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York Street, Colne

West Midlands

£70,000Guide Price

Listed on 23/10/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
887 sqft

Description

This two-bedroom end-terrace in Colne is offered at auction and is being sold with no onward chain. The accommodation includes an entrance hall, two reception rooms, a kitchen, two double bedrooms and a shower room. The reception rooms provide separate living and dining options, while the kitchen has scope for refurbishment or redesign. Both bedrooms are described as generously sized and naturally lit, and the shower room could also be updated. Outside, there is a front forecourt and an enclosed rear yard. The property is described as requiring modernisation throughout, offering buyers the opportunity to update the accommodation to their requirements. The Modern Method of Auction includes a 56-day reservation period, a buyer information pack fee and a reservation fee payable in addition to the purchase price. Buyers should review the auction terms and pack before bidding.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

76out of 100
Grade BGood opportunity

Confidence: MEDIUM

At £70,000, this two-bedroom end-terrace is priced at about £79 per sq ft, well below the local average of £170 per sq ft—a strong entry point for a buyer looking to acquire and add value. It also offers two reception rooms, a fitted kitchen and shower room, and useful front and rear outdoor space.

The project is mainly about refreshing the dated finishes: older carpets and visible marks or discolouration appear in several rooms, while the kitchen and shower room offer scope for updating rather than necessarily requiring full replacement. The visible frontage and boundary wall appear intact, though the roof is only partly visible. The renovation range is £7,000–£14,000. This is being sold by the Modern Method of Auction; bidding can take the hammer above the guide, so the eventual price may not stay this cheap.

Key opportunities

  • Acquire at a low asking price relative to the local £/sq ft average.
  • Refresh the worn carpets and dated finishes across the photographed rooms to give the interior a more cohesive look.
  • Update the fitted kitchen and shower room to suit a buyer’s taste, while retaining the existing practical layout.

Key risks

None recorded.

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Map

Location

York Street, Colne
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£264
Based on a loan of £52,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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