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See how verdicts work1-bedroom flat · BB8 0NE
For saleListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient residential location close to Colne town centre, this spacious one-bedroom first-floor flat presents an excellent opportunity for first-time buyers, investors or those looking to downsize.
Offering well-proportioned accommodation throughout, the property comprises a generous living room, fitted kitchen, double bedroom and a four-piece bathroom suite.
Externally, the property benefits from a paved front forecourt, while its central location provides easy access to a wide range of local amenities, well-regarded schools, transport links and leisure facilities.
With its practical layout and excellent potential, this property offers comfortable living in a well connected location. The ground floor flat is also available separately so may suit an investor.
Ground floor: Entrance/Porch: 3’0” X 4’7” (9.1m x 1.39m) Accessed from Gordon Street via a paved front yard, a UPVC entrance door opens into a useful entrance porch.
The porch is finished with fitted carpeting and wallpapered walls, and provides housing for the gas and electricity meters.
An internal glazed timber door leads into the welcoming entrance hallway, which is also carpeted throughout and features wallpapered walls, a pendant light fitting, and wall-mounted coat hooks.
The hallway provides access to the carpeted staircase leading to the first-floor accommodation.
First Floor: Inner Hallway: 13’6” x 5’9” (4.10m x 1.76m) The first-floor Hallway is finished with fitted carpeting and neutral décor throughout, creating a bright and welcoming space.
Features include a central pendant light fitting and a radiator, with doors providing access to the living room, kitchen, bathroom and bedroom.
Kitchen: 9’6” x 10’5” (2.89m x 3.17m) Fitted with a range of matching wall and base units, the kitchen is finished with wood effect vinyl flooring and benefits from a large UPVC window, allowing for an abundance of natural light.
The room incorporates a stainless steel sink with drainer and mixer tap, together with space for a cooker/hob, under-counter space for a washer/dryer and a vertical fridge/freezer.
Additional features include a radiator and recessed spotlighting.
Bathroom: 8’1” x 15’1” (2.47m x 4.61m) The bathroom is finished with fitted carpeting and neutral décor throughout, and benefits from two glazed UPVC windows providing ample natural light.
The suite comprises a panelled bath, pedestal wash hand basin, two-flush WC, and a tiled shower cubicle with a glazed door and fitted shower attachment.
Additional features include a radiator, heated towel rail, a useful cupboard housing the combi-boiler, and a pendant light fitting.
Living room: 13’8” x 14’6” (4.16m x 4.41m) A well-proportioned living room finished with fitted carpeting and mixed décor throughout.
A large corner UPVC window allows for an abundance of natural light, creating a bright and inviting living space.
The room further benefits from a radiator, an electric fireplace set upon a stone slab hearth, two wall-mounted light fittings, a central pendant light fitting, and a wallpapered feature wall.
Bedroom: 13’5” x 11’1” (4.09m x 3.39m) A generously proportioned double bedroom, finished with fitted carpeting and mixed décor throughout.
The room benefits from a UPVC window, radiator and two pendant light fittings, while offering ample space for a range of bedroom furniture.
An integral built-in storage cupboard provides useful storage, and the room also houses the property's electrical consumer unit. Outside area Front Yard: A reasonably sized front yard which is paved.
Location: Situated in a convenient residential location on Gordon Street, Colne, the property enjoys easy access to a wide range of local amenities including supermarkets, independent shops, cafés, restaurants and healthcare facilities.
Colne town centre is within walking distance, while well-regarded primary and secondary schools are also close by.
For commuters, the property benefits from excellent transport links, with Colne railway station providing direct services to Preston and the nearby A56 connecting to the M65 motorway network, offering straightforward access to Burnley, Blackburn, Preston and beyond.
A selection of nearby parks, countryside walks and leisure facilities further enhance the appeal of this well-connected location
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.
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FAQ
About 3, Gordon Street, Colne
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