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See how verdicts work2-bedroom terraced house · BB8 9BY
For saleReduced £10k (−11.1%) on 25 AugListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Bedroom Mid-Terraced Home – New Market Street, Colne – No Chain Situated on the popular New Market Street in Colne, this well-presented two-bedroom mid-terraced property offers an excellent opportunity for first-time buyers, investors, or those looking to downsize.
Conveniently located within walking distance of Colne town centre, the property benefits from easy access to local shops, amenities, schools, and transport links.
The accommodation briefly comprises a welcoming reception room, providing a comfortable living space, leading through to a spacious kitchen diner, ideal for both everyday living and entertaining.
To the first floor are two well-proportioned bedrooms and a family bathroom, completing the internal layout.
Externally, the property is typical of this style of home, with on-street parking available nearby.
The current owner has recently enhanced the property by installing a pull-down ladder to the loft, which has also been fully boarded, providing excellent additional storage space.
Subject to the necessary permissions and building regulations, this area offers potential for conversion into an additional bedroom or usable living space, offering buyers further scope to add value.
Offered for sale with no onward chain, this property presents a straightforward purchase and would benefit from early viewing to fully appreciate its potential and 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
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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
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FAQ
About 48, New Market Street, Lancashire
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