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See how verdicts work2-bedroom flat · BB8 8FD
For saleReduced £5k (−4.4%) on 24 SepListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first-floor apartment is situated on the outskirts of Colne as well as being in close proximity from the open countryside.
Set within a secure gated development this appealing abode offers nice sized accommodation that would be perfect for a rental investment, first time buyers or those looking to downsize – Option to purchase with tenant in Situ.
Built in 2007 this modern development offers secure and comfortable living arrangements.
Internally comprising of an open plan living room with the fitted kitchen which has an integral gas hob, oven and extractor. The living area has a Juliette balcony with patio doors.
Two bedrooms; one with a closet cupboard and a three piece bathroom with direct feed shower and glass screen above the bath.
Externally there are well kept communal areas and the property is in close proximity to Colne town centre and various links to nearby towns such as Nelson, Burnley and Barrowford.
This is a secure gated development with residents parking to the front of the buildings.
The M65 provides further access to Blackburn, Skipton, Manchester and Preston which is ideal for those looking to commute.
Kitchen (2.03m x 2.74m (6' 8" x 9' 0")) Living Room (5.44m x 5.08m (17' 10" x 16' 8")) Bedroom One (3.12m x 3.38m (10' 3" x 11' 1")) Bedroom Two (2.2m x 3.35m (7' 3" x 11' 0")) Bathroom (1.7m x 2.18m (5' 7" x 7' 2")) Disclaimer Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustration purposes only.
They have been prepared in good faith and they are not intended to constitute part of an offer of contract.
We have not carried out a structural survey and the services, appliances and specific fittings have not been tested.
All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purpose of any fixture or fittings.
Lease details, service charges and ground rent (where applicable) are given as a guide and should be checked prior to agreeing a sale.
Value & comps
No previous sales on record.
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 asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 2, Paddock Top Mews, Lancashire
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