2-bedroom terraced house · BB8 0LX
For saleReduced £15k (−13%) on 9 OctListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Onward Chain | Two-Bedroom Mid-Terrace Property Offered to the market with no onward chain, this two-bedroom mid-terraced home occupies a convenient position on the ever-popular Portland Street, Colne, within easy reach of local amenities, schools and transport links.
The accommodation is arranged over two floors and provides well-proportioned living space with plenty of potential for buyers looking to add their own style and improvements.
The property benefits from two reception rooms, offering versatile accommodation ideal for both everyday living and dining.
To the rear, the fitted kitchen provides a practical workspace with a range of storage units and access to the enclosed rear yard.
To the first floor are two generously sized bedrooms, together with a family bathroom fitted with a three-piece suite.
Externally, the property enjoys a private rear yard, providing a low-maintenance outdoor space suitable for seating, storage or container gardening.
While some updating and cosmetic improvement may be desired, the property represents an excellent opportunity for first-time buyers, buy-to-let investors or those seeking a home they can personalise to their own tastes.
With its convenient location and potential to add value, 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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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 38, Portland Street, Lancashire
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