Modern Method of Auction
Auction date not yet published
6-bedroom house · BB10 1LD
For saleListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a prominent position within one of the most established and highly regarded residential locations in the BB10 area, this substantial six-bedroom family residence offers an exceptional opportunity to acquire a home of impressive proportions and immense potential.
Rarely do properties of this size become available, providing over four floors of versatile accommodation ideally suited to large or growing families seeking generous living space in a convenient setting.
Situated within comfortable walking distance of local amenities, well-regarded schools, regular bus routes, supermarkets and Burnley town centre, the property combines excellent practicality with an abundance of internal space that is increasingly difficult to find in today’s market.
The accommodation is arranged over four expansive floors and briefly comprises two spacious reception rooms, offering ample room for both formal entertaining and everyday family living.
The kitchen provides the heart of the home, whilst a ground floor bathroom adds further convenience along with a lean to conservatory.
One of the property’s most exciting features is the vast lower ground floor cellar level, comprising a substantial additional kitchen area and separate storage room.
Subject to any necessary permissions, this floor offers tremendous scope to be transformed into a self-contained living space, annexe accommodation, home business area, gym, cinema room or additional family accommodation, making it an incredibly versatile asset.
To the first floor are four exceptionally generous bedrooms alongside a family bathroom, whilst the second floor hosts two further large double bedrooms, creating a flexible layout capable of accommodating even the largest of families.
Externally, the property benefits from a private rear yard and the valuable addition of two off-road parking spaces to the rear, a highly desirable feature for properties of this style and location.
Further benefits include gas central heating and double glazing throughout.
Whilst the property would benefit from a programme of updating and modernisation, it represents a fantastic opportunity for purchasers to create a truly magnificent family home tailored to their own tastes and requirements.
With its impressive room sizes, versatile four-floor layout and enormous potential, this is a rare chance to secure a substantial period property offering space on a scale seldom found on the market.
Early viewing is strongly recommended to fully appreciate everything this remarkable home has to offer.
Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These services are optional Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These services are optional
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
FAQ
About 9, Colne Road, Lancashire
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