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Barrowford Road, Colne, Lancashire BB8

West Midlands

£105,000

Listed on 18/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
388 sqft

Description

This traditional stone home offers a promising opportunity for buyers eager to infuse their personal touch and enhance value through renovations. Ideally located just a short stroll from Alkincoats Park, this property boasts spacious rooms and ample potential for improvement, making it a perfect fit for those looking to tailor a residence to their own preferences. The layout includes a welcoming vestibule leading into the living room, accompanied by a central hallway that leads toward the kitchen. The kitchen features a pantry area that conveniently houses the combination boiler, providing extra storage space. On the upper level, there are two comfortable bedrooms and a three-piece bathroom equipped with an electric shower over the bath. Outside, the rear garden space includes a timber shed, which could easily be transformed into an appealing outdoor retreat for relaxation or entertaining. Located on Barrowford Road, this home benefits from close proximity to Colne town center, where you can access an array of independent shops, supermarkets, and cafes. Commuters will appreciate the short drive to the M65 motorway for easy travel to Burnley and Blackburn. Additionally, well-regarded schools and beautiful countryside walks nearby enhance the appeal of this Lancashire location. In summary, this solid property in a desirable neighborhood awaits the right buyer ready to unlock its full potential through thoughtful renovations.

Investment Analysis

(BB8 area)

Above Market Value

This property is priced +56.7% above area average per sq ft

+56.7%
This Property
£271/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
£73,687
10% above area average per sq ft
Potential ROI
-43.3%
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

Barrowford 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
£397
Based on a loan of £78,750 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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