2-bedroom house · BB8 7PL
For saleReduced £10k (−5%) on 21 JunListed 360 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming two bedroom cottage in A sought after location Welcome to Town Gate, Foulridge, Colne, this delightful two-bedroom cottage presents an excellent opportunity for those seeking a home with character and potential.
The property boasts a spacious living area, perfect for both relaxation and entertaining, complemented by a modern kitchen that caters to contemporary living.
The two generously sized double bedrooms offer ample space for comfort, making it ideal for couples, small families, or even as a rental investment.
The family bathroom is well-appointed, ensuring convenience for everyday living.
Situated in a great location, this cottage is conveniently close to local amenities and transport links, making it easy to access everything you need.
The property is sold with no chain, allowing for a smooth and swift purchase process. This home is a blank canvas, ready for you to put your own stamp on it and transform it into your dream space.
With its considerable potential, this cottage is not just a house; it is an opportunity to create a personalised haven in a lovely community.
Don’t miss the chance to make this charming property your own.
Ground Floor Vestibule (1.09m x 0.91m (3'7 x 3')) Hardwood double glazed entrance door, two hardwood frosted windows and door to reception room.
Reception Room (6.88m x 4.39m (22'7 x 14'5)) Two hardwood windows, two central heating radiators, feature wall light, gas fire, stone hearth and surround, stone bar, exposed beams, wood effect flooring, stairs to first floor and double doors to kitchen.
Kitchen (3.86m x 2.54m (12'8 x 8'4)) Two hardwood windows, gloss wall and base units, granite effect worktops, stainless steel sink with double drainer and traditional taps, space for freestanding cooker, extractor hood, space for fridge freezer, part tile elevation, tiled floor and hardwood frosted door to rear.
First Floor Landing (1.83m x 1.75m (6' x 5'9)) Loft access, wood effect flooring and doors to two bedrooms and bathroom.
Bedroom One (4.42m x 3.68m (14'6 x 12'1)) Hardwood window, central heating radiator and over stairs storage. Bedroom Two (4.60m x 3.71m (15'1 x 12'2)) Hardwood window and central heating radiator.
Bathroom (2.49m x 1.78m (8'2 x 5'10)) Hardwood frosted window, central heating radiator, dual flush WC, vanity top wash basin with mixer tap, panel bath with traditional taps, storage, tiled elevation and wood effect flooring.
External Rear Enclosed yard.
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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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 2, Town Gate, Colne
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