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 0JH
Listing removedListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the ever desirable Bence Street in Colne, a charming heritage cobbled street, this beautifully presented two bedroom mid terraced property is offered to the market with no onward chain and is in prime turnkey condition.
The accommodation begins with a welcoming entrance vestibule, leading into a bright and freshly decorated reception room featuring a characterful log burner, creating a warm and inviting living space.
To the rear is a modern style fitted kitchen, neatly tucked away and offering ample storage, ideal for everyday use.
To the first floor are two well-proportioned bedrooms, both of good size, along with a family bathroom finished to a clean and contemporary standard.
One of the property’s standout features is its exceptionally convenient location, situated just a one minute walk from Colne town centre, giving immediate access to local shops, cafés, amenities and transport links while still enjoying the character and charm of this historic street.
An ideal purchase for first-time buyers, downsizers or investors alike, early viewing is highly recommended to fully appreciate the presentation, location and charm on offer.
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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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.
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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 3, Bence Street, Lancashire
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