We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · BB8 7DB
Listing removedListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious semidetached bungalow in a soughtafter area offers well-maintained, modern accommodation with a versatile loft conversion ideal for guests, work or hobbies.
With two groundfloor bedrooms, a bright lounge, dining kitchen, landscaped low-maintenance gardens, ample parking and a detached garage, it’s an appealing home offered for sale with no chain.
We are delighted to bring to the market this spacious semi-detached bungalow, which is well situated in a highly sought after residential area and is highly recommended for an early viewing.
The property benefits from a loft conversion, offering versatile options such as guest accommodation, a home office or hobby space.
This fabulous bungalow will appeal to a wide range of buyers, particularly those seeking a comfortable retirement home, and offers attractively presented living space, which has been well maintained and upgraded over recent years.
Complemented by pvc double glazing and gas central heating, the interior briefly comprises an entrance hall, with enclosed stairs leading to the first floor loft rooms, and a bright, generously proportioned lounge, featuring an attractive marble fireplace with a remote-controlled living flame gas fire.
The good sized dining kitchen has patio doors leading out to the lovely rear garden and is nicely fitted with a range of light wood finish shaker style units, incorporating a built-in electric double oven/grill, a gas hob with an extractor hood over and integral appliances including a washing machine and fridge/freezer.
There are two bedrooms on the ground floor, one double and one single, both with fitted furniture, along with a fully tiled bathroom, which has a modern three piece white suite, with a shower over the bath.
The converted loft space is divided into two rooms, which are both an excellent size, and provide additional flexible living space, each fitted with pvc double glazed Velux windows, radiators and useful boarded eaves storage.
Externally, the property has been beautifully landscaped for easy maintenance, with both the front and rear gardens laid with resin and artificial grass.
The block paved driveway provides ample parking and leads to a single detached garage, which has electric power and lighting. NO CHAIN INVOLVED.
Ground Floor Entrance Hall Lounge 5.77m x 3.68m (18' 11" x 12' 1") Dining Kitchen 3.15m x 2.3m (10' 4" x 7' 7") Bedroom One 3.84m x 2.64m (12' 7" x 8' 8") Bedroom Two 2.4m x 2.24m (7' 10" x 7' 4") Bathroom First Floor Loft Space 5.3m x 2.82m (17' 5" x 9' 3") Loft Room 4.85m x 3.56m (15' 11" x 11' 8") Outside Front/Side Rear Garage 5.46m x 2.77m (17' 11" x 9' 1") Disclaimer Subject to contract.
Particulars are prepared in good faith for general 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.
Buyers should verify with their legal adviser the tenure, length of lease, ground rent, service charges (where applicable), council tax band, EPC rating, and any other charges or restrictions before the exchange of contracts.
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

FAQ
About Derwent Close, Colne, Lancashire, BB8
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