1-bedroom flat · BB8 0AU
To rentListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern, brand new one-bedroom apartment situated within the attractive and newly converted Wallace Hartley House development on Great George Street, Colne, Apartment Two offers spacious open plan, contemporary living with a double bedroom and stylish 3 piece bathroom suite.
Finished to the highest quality and located in a convenient town centre location.
Accessed via a secure communal entrance and well-maintained communal hallways, this brand new ground floor apartment has been thoughtfully finished to a high specification throughout.
The property welcomes you into a bright and spacious entrance hall, creating an inviting first impression.
From here, you enter the impressive open plan living, dining and kitchen area, providing a modern and versatile space ideal for both relaxing and entertaining.
The stylish fitted kitchen features attractive oak style cabinetry, white worktops, a black sink, induction hob and electric oven, together with a freestanding fridge freezer and washing machine.
Continuing through the apartment, there is a spacious double bedroom with a large window allowing plenty of natural light to fill the room.
Adjacent to the bedroom is a contemporary three piece shower room comprising a walk in shower, wash hand basin and WC, finished with modern fixtures and fittings.
This exceptional apartment offers low-maintenance living within a secure development, whilst benefiting from excellent access to local amenities, shops, cafés and leisure facilities.
Convenient bus and rail connections are also within easy reach, making commuting straightforward. Early viewing is highly recommended to appreciate the quality and location of this superb apartment.
Wallace Hartley House enjoys a convenient position on Great George Street in the heart of Colne.
Residents benefit from easy access to a wide range of shops, supermarkets, cafés, restaurants and leisure facilities, all within walking distance.
Colne railway station and regular bus services provide excellent transport connections to neighbouring towns and cities, while the surrounding Lancashire countryside offers beautiful walking routes and outdoor recreational opportunities.
Combining modern living with everyday convenience, this location is perfectly suited to a variety of lifestyles.
**Tenancy deposit equivalent to 5 weeks rent** GROUND FLOOR Entrance Hall Living Room 3.6m x 3.28m (11' 10" x 10' 9") Kitchen 1.83m x 3.28m (6' 0" x 10' 9") Shower Room 2.03m x 1.93m (6' 8" x 6' 4") Bedroom 5.5m x 3.5m (18' 1" x 11' 6") Disclaimer Subject to contract.
Particulars are for 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.
Rent, deposit/holding deposit and permitted payments will be confirmed before any holding deposit is taken (Tenant Fees Act 2019).
Prospective tenants should make independent enquiries to verify responsibility for utilities, council tax, TV licence, broadband, parking and any restrictions.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Apt 2 Great George Street, Colne, Lancashire, BB8
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