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See how verdicts work2-bedroom house · BB8 0PP
Listing removedListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Clarence Street in the popular town of Colne, this two bedroom mid terrace property presents an exciting opportunity for buyers looking to create a home tailored to their own taste.
With generous living space throughout and great potential for modernisation, it is perfectly suited to first time buyers or investors alike.
To the ground floor, you are welcomed through a vestibule which leads into a generously sized living room, featuring a large front-facing window that allows plenty of natural light to fill the space.
From here, you move through to a spacious dining room, providing an ideal setting for family meals and entertaining, along with convenient access to under stairs storage.
Located at the rear of the property is a fitted kitchen, offering a functional layout with scope for updating to suit modern lifestyles.
The first floor comprises two well proportioned double bedrooms and a three piece family bathroom.
The second floor boasts a good sized attic room, offering flexible additional space which could be used as a home office, guest room, or hobby area, complete with access to eaves storage.
Externally, the property benefits from an enclosed rear courtyard with stone flags, providing a low maintenance outdoor space.
Overall, this is a fantastic opportunity to add value and create a comfortable home in a convenient location.
Colne is a thriving market town offering a blend of traditional charm and modern amenities.
The area provides a range of local shops, supermarkets, cafes, and restaurants, along with excellent transport links including easy access to the M65 motorway.
Well regarded schools and scenic countryside walks are close by, making it an appealing location for families, commuters, and outdoor enthusiasts alike.
Nearby parklands and leisure facilities further enhance the lifestyle on offer.
Ground Floor Living Room (4.62m x 3.33m (15' 2" x 10' 11")) Dining Room (4.6m x 4.1m (15' 1" x 13' 5")) Kitchen (2.18m x 2.57m (7' 2" x 8' 5")) First Floor Bedroom One (4.6m x 3.35m (15' 1" x 11' 0")) Bedroom Two (2.46m x 3.28m (8' 1" x 10' 9")) Bathroom (2.06m x 2.34m (6' 9" x 7' 8")) Second Floor Attic Room (4.22m x 2.18m (13' 10" x 7' 2")) External Rear Enclosed Courtyard 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 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
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FAQ
About 11, Clarence Street, Lancashire
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