2-bedroom house · BB8 0BD
For saleReduced £9.9k (−11.1%) on 5 JulListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular residential area of Colne, this well-presented two bedroom mid terraced property on Cleveland Street offers an excellent ready made investment opportunity.
The property is currently tenanted, providing immediate rental income for prospective investors.
The accommodation briefly comprises a welcoming reception room, leading through to a spacious kitchen diner which has been updated to a modern standard and offers ample space for dining.
To the first floor are two well-proportioned bedrooms and a contemporary family bathroom, which has also been upgraded.
The property benefits from general redecoration throughout, enhancing its overall presentation.
Further improvements include works carried out to the central heating system, with the boiler still covered by an existing warranty, offering added peace of mind.
Ideally located close to local amenities, transport links and Colne town centre, this property represents a low maintenance, turnkey investment opportunity and early viewing is recommended.
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 advisors 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 33, Cleveland Street, Lancashire
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