3-bedroom house · BB8 0AZ
Listing removedListed 78 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a well-established residential area of Colne, this mid-terrace property on Oak Street offers spacious and versatile living accommodation suited to a range of tenants.
Conveniently located for access to local amenities, schools and transport links, the property presents an excellent opportunity.
The ground floor accommodation begins with an entrance hallway providing access to the main living areas.
There are two reception rooms, offering flexibility for use as a lounge and dining room or additional sitting space if required.
Both rooms are generously sized and provide a comfortable setting for everyday living and entertaining.
To the rear of the property is the kitchen, which offers a practical layout with space for essential appliances and storage.
Leading off the kitchen is a useful utility area, providing additional workspace and laundry facilities, helping to keep the main kitchen area clear and organised.
The first floor comprises two well-proportioned bedrooms along with a three piece bathroom suite.
The rooms offer good natural light and comfortable accommodation, making the layout suitable for couples, small families or those working from home.
From the landing, stairs lead to the second floor attic room which is currently used as a third bedroom.
Externally, the property benefits from a forecourt garden to the front and an enclosed yard to the rear, providing low maintenance outdoor space.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 47, Oak Street, Colne
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