2-bedroom flat · BB8 0DY
Listing removedListed 257 days
Opportunity summary
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About
The Courtyard is a beautiful and well-established community, made up of a mix of bungalows and apartments.
This spacious two-bedroom, first-floor apartment is set within secure, landscaped grounds, conveniently located close to Colne Town Centre and just a short drive from M65 links to Manchester.
Upon entering the property, an L-shaped hallway provides access to all rooms.
There are two generously sized double bedrooms, along with a modern three-piece bathroom suite comprising a low-level WC, pedestal hand wash basin, and a panelled bath with overhead shower and white tiled splashback.
The apartment’s standout feature is the impressive open-plan kitchen and living area, offering a bright and versatile.
The kitchen is arranged in an L-shape and currently includes a moveable island, along with an electric oven, hob, and circulator hood.
There is ample room for a family dining table, seamlessly flowing into the living area. Large windows flood the space with natural light, creating an airy and welcoming atmosphere.
The property benefits from electric storage heaters and solar panels, enhancing energy efficiency.
Externally, residents can enjoy beautifully maintained communal gardens that truly come into bloom during the summer months, along with a strong sense of community and stunning surrounding views.
The apartment also includes a secure parking space with an electric up-and-over door, operated via key fob.
The service charge is £100 PCM covers buildings insurance, structural elements, roof, grounds maintenance, and general upkeep of the complex. EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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 Colne Lane, Colne, BB8
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