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Keighley Road, Colne, Lancashire BB8

West Midlands

£800,000

Listed on 05/06/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This is a promising development opportunity located in the desirable semi-rural area of Laneshawbridge in Colne. The site, covering approximately 0.77 acres, has secured planning permission for the construction of five detached homes. Each home is designed to provide ample living space, with four plots measuring around 3,788 sqft each and a fifth plot at 2,185 sqft. This project not only offers potential returns estimated at over £4 million GDV but also presents an attractive investment for developers looking to capitalize on the growing demand for quality housing in this region. Full planning details are accessible through the Pendle Borough Council's planning website using reference number 24/0536/ful.

Investment Analysis

(BB8 area)
Area Average
£173/sq ft
Avg Rent (weekly)
£168
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£600,000 - £1,000,000
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

Keighley Road, 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
£3,022
Based on a loan of £600,000 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

This calculation uses non-residential (land/commercial) tax rates.

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