3-bedroom flat · BB8 7RD
For saleListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the second floor of the popular Castle Court development in Colne, this impressive penthouse apartment offers over 1,000 sq ft of well-proportioned accommodation, complemented by lovely countryside views.
Castle Court is a small development off Castle Road, comprising 7 apartments and 14 detached houses.
Offered for sale with no onward chain, the property provides an excellent opportunity for buyers seeking a spacious and well-connected home with generous living accommodation, central heating and double glazing.
The apartment is entered via a welcoming entrance hallway, providing access to all principal rooms and offering useful storage.
The spacious lounge diner is an excellent entertaining and relaxation space, with plenty of room for comfortable seating and a dining table, while the fitted kitchen provides a practical range of units and workspace.
The property also benefits from ample storage throughout including a loft which is mostly boarded There are three well-proportioned bedrooms, with the principal bedroom benefiting from its own en-suite shower room.
A separate three-piece house bathroom serves the remaining bedrooms and guests.
The combination of generous room sizes, central heating and double glazing makes this a comfortable and practical home, ideal for a variety of buyers.
Externally, residents have access to well-maintained communal gardens, providing pleasant outdoor space to enjoy the surrounding setting.
The property also benefits from 2 numbered and allocated parking spaces at the top of the car park, adding further convenience. The current service charge is £840 per annum.
With its substantial accommodation, three bedrooms, countryside outlook, communal gardens, allocated parking and no onward chain, this spacious Castle Court apartment represents an excellent opportunity.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Castle Court, Colne
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