3-bedroom house · BB8 9JH
Listing removedListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please contact Phil Ashton Property or for online enquiries to book a viewing quote ref - PA1674.
Investment opportunity 11 Norfolk Street, Colne, an exciting investment opportunity with fantastic potential.
Situated in one of Colne's most sought after residential locations, 11 Norfolk Street presents an excellent opportunity for investors, landlords, developers, or first time buyers looking to create a beautiful home tailored to their own taste.
This substantial three bedroom gable end terrace offers generous living accommodation throughout and is full of character and potential.
While the property requires renovation and modernisation, it provides an ideal blank canvas with the space and layout to become a superb family home or a high yield rental investment.
The accommodation briefly comprises two spacious reception rooms, including a cosy living room featuring a wood burning stove, creating a warm and inviting focal point.
The kitchen offers scope for redesign and improvement to suit modern living.
To the first floor are three well proportioned bedrooms, providing ample space for families, professionals, or tenants, together with a family bathroom.
Externally, the property benefits from an extended raised rear yard with contemporary glass balustrade, offering an attractive outdoor entertaining space that sets this home apart from many similar properties in the area.
Key Features Spacious three bedroom gable end terrace Two generous reception rooms Wood burning stove Extended raised rear yard with stylish glass balustrade Full of character and original features Renovation project with excellent potential Ideal for investors, landlords, developers, or first-time buyers Strong rental potential in Colne's thriving lettings market Highly desirable residential location Ideally positioned just a short distance from Colne Town Centre, the property enjoys easy access to a wide range of shops, supermarkets, cafés, restaurants, and everyday amenities.
Families will appreciate the selection of well regarded local schools, while commuters benefit from convenient access to the M65 motorway network, providing excellent links to Burnley, Blackburn, Preston, and beyond.
With demand for quality rental accommodation remaining strong in Colne, this property represents an outstanding buy-to-let opportunity, while owner occupiers will recognise the chance to add significant value through refurbishment.
Early viewing is highly recommended to appreciate the size, potential, and excellent location of this exciting property.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 11, Norfolk Street, Colne
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