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Harrison Drive, Colne, Lancashire BB8

West Midlands

£160,000

Listed on 06/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
860 sqft

Description

Situated on a desirable corner plot in Colne, this three-bedroom semi-detached property presents a unique opportunity for renovation and personalisation. Spanning approximately 860 sq ft, the home is offered as freehold and comes to the market with no onward chain. The ground floor features two versatile reception rooms that can serve as living and dining spaces, alongside a separate kitchen that leads to an additional room at the rear—perfect for use as a utility area or extra storage. Upstairs, you'll find three bedrooms served by a family bathroom, which provides a solid foundation for family living or an investment property targeted at first-time buyers. The generous outdoor space encompasses gardens at the front, side, and rear of the home, offering significant potential for landscaping or even extension (subject to necessary consents). Off-road parking adds to the convenience of this residence. While requiring internal updates, this property invites buyers to infuse their style and preferences into their new home. Located within easy reach of local amenities, schools, and transport links, early viewing is encouraged to fully appreciate the scope this property has to offer.

Investment Analysis

(BB8 area)

Above Market Value

This property is priced +7.8% above area average per sq ft

+7.8%
This Property
£186/sq ft
Area Average
£173/sq ft
Avg Rent (weekly)
£168
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£163,327
10% above area average per sq ft
Potential ROI
-11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (BB8)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +6.7%
5 year growth: +3.9%
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

Harrison Drive, 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
£604
Based on a loan of £120,000 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

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