1-bedroom flat · BB8 0AU
To rentListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish brand new ground floor apartment located within the impressive Wallace Hartley House development on Great George Street, Colne.
Featuring a spacious open plan living area, modern fitted kitchen and a double bedroom with en-suite shower room, Apartment Five offers contemporary living in a convenient town centre location.
Situated within the newly converted Wallace Hartley House development on Great George Street, Colne, Apartment Five has been finished to a high standard throughout and offers modern accommodation ideal for professionals and couples alike.
Accessed via a secure communal entrance and well maintained communal hallways, the apartment opens directly into a spacious open plan living, dining and kitchen area.
This bright and versatile room provides ample space for relaxing, entertaining and everyday living.
The contemporary fitted kitchen features attractive oak style cabinetry, white worktops, a black sink, an induction hob and electric oven, together with a freestanding fridge freezer and washing machine, providing everything required for modern day living.
Leading from the living area is a generous double bedroom, benefiting from a stylish three piece en suite shower room fitted with a shower enclosure, wash basin and WC, all finished with modern fixtures and fittings.
Ideally located within Colne town centre, the apartment is within easy reach of a variety of shops, cafés, restaurants and leisure facilities, while excellent bus and rail links make commuting to surrounding towns and cities simple and convenient.
Early viewing is highly recommended to appreciate the quality and finish of this superb apartment.
Wallace Hartley House occupies a convenient position in the heart of Colne, placing residents within walking distance of a wide range of local amenities, including shops, supermarkets, cafés and restaurants.
Colne railway station and regular bus services provide excellent transport connections, while the surrounding Lancashire countryside offers beautiful walks and outdoor leisure opportunities.
This sought after location combines the convenience of town centre living with easy access to scenic surroundings.
**Tenancy deposit equivalent to 5 weeks rent** GROUND FLOOR Living Room 3.84m x 5.36m (12' 7" x 17' 7") Kitchen 1.83m x 2.3m (6' 0" x 7' 7") Bedroom 3.96m x 2.72m (13' 0" x 8' 11") En Suite Shower Room 1.37m x 2.1m (4' 6" x 6' 11") Disclaimer Subject to contract.
Particulars are for guidance only and do not form part of any offer or contract. Measurements, floor plans and photos are approximate and not to scale; services and systems have not been tested.
Rent, deposit/holding deposit and permitted payments will be confirmed before any holding deposit is taken (Tenant Fees Act 2019).
Prospective tenants should make independent enquiries to verify responsibility for utilities, council tax, TV licence, broadband, parking and any restrictions.
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
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FAQ
About Apt 5 Great George Street, Colne, Lancashire, BB8
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