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See how verdicts work2-bedroom flat · BB8 8FB
For saleListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase an apartment being situated conveniently for Colne town centre and also having easy access to M65 motorway network.
The apartment has a spacious living kitchen with a range of units and appliances as well as 2 bedrooms and a bathroom.
Tenure: Leasehold, ACCOMMODATION Entrance Hallway Living Kitchen A spacious room having 'Juliet' balcony. Radiator.
The kitchen area contains a range of base and wall units together with working surfaces, sink unit. Inbuilt oven and hob with hood over. Bedroom 1 PVC double glazed window. Radiator.
Bedroom 2 PVC double glazed window. Radiator. Inbuilt cupboard containing gas fired boiler.
Bathroom containing 4 piece suite comprising panelled bath, step in shower, pedestal wash hand basin and toilet. Extensively tiled walls. Heated towel rail.
The property is leasehold on a 999 yr lease from 1 October 2007. As at 1 October 2025 there will be 981 years remaining.
Annual service charge is £2631.67 Fixtures and fittings: All fixtures and fittings mentioned in these particulars are included in the sale all others in the property are specifically excluded.
Condition: Your attention is drawn to the fact that we have been unable to confirm whether certain items included with this property are in full working order all prospective purchasers must accept that these items may not be in working order and the property is offered for sale on this basis.
The condition of the heating system and/or other appliances is not known.
Photographs: Internal photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property.
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 advisers before making any investment decisions.
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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 The Arches, Colne, BB8
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