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See how verdicts work2-bedroom house · BB9 6QY
Sold STCListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive two bedroom middle terrace cottage that would now benefit from improvement and modernisation.
The cottage comes with space at the front to park a single car and a generous enclosed rear yard with terraced garden area.
Convenient rural position with a fabulous southerly aspect overlooking open countryside on the edge of Barrowford, within easy reach of the M65 motorway.
Location The property is situated in open countryside less than a mile away from the popular village of Barrowford.
The village sits on the confluence of two rivers, Pendle Water and Colne Water and is also on the Leeds Liverpool Canal.
The village has numerous independent shops, a well regarded primary school and a doctors surgery.
The nearby larger town of Colne provides a more comprehensive range of services and excellent transport links by rail and road with access to the M65 motorway.
Description Spittalfield Farm comprises a traditional stone built two bedroom middle terrace cottage which would now benefit from modernisation.
The property is entered to the front into a hall with stairs leading to the first floor.
The hall leads through into kitchen with pine fronted , laminate work surface and a stainless steel sink and drainer. Appliances include a washing machine, electric cooker and a fridge/freezer.
There is a useful understairs store and an external door to the rear yard.
Adjacent to the kitchen is a pleasant through living room with open fire set in tiled surround and a beam and boarded ceiling.
The small first floor landing gives way to a bathroom with panelled bath having shower over, w.c and a pedestal wash basin. Tiles walls.
Bedroom 1 is a good size through room beams to the ceiling and a fireplace. Bedroom 2 is smaller having a store cupboard extending over the stairs.
Outside, the property has a single parking space to the front. Accessed through the cottage is a generous enclosed rear yard beyond which is a pleasant raised garden area.
NOTE: The timber garden building in the rear yard and the CCTV security camaras are specifically excluded from the sale.
Services The property is connected to mains electricity and mains water with drainage to a shared septic tank. uPCV double glazing. Partial heating from a back boiler.
Hot water cylinder with immersion heater. Tenure Freehold. Vacant possession on completion.
Wayleaves, Easements and Rights of Way The land is sold subject to all wayleaves, easements and rights of way both public and private which might affect the land.
Energy Rating F - 22 Viewings Strictly by appointment through the selling agents. For viewings, please park vehicles on Pasture Lane.
Directions From Colne head south west on Vivary Way towards the M65 motorway and Boundary Mill.
At the lights on the junction (Lloyd BMW) turn right signed to Barrowford (B6247) and continue for about 1.40 miles to the T junction at the George and Dragon Inn and turn left onto Gisburn Road (A682).
After about 300 metres turn right onto Pasture Lane signed Rough Lee and continue for about 1km heading out of the village.
The entrance to Spittalfield Farm can be found on the right with the property being the middle one of the three. A David Hill for sale sign has been erected.
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
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FAQ
About 2 bedroom cottage for sale – Spittalfield Farm, Pasture Lane, Barrowford, BB9 6QY
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