1-bedroom flat · BB8 8FB
Listing removedListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal for landlords or first time buyers, this first floor apartment in a popular purpose built block on Colne’s outskirts is sold with no forward chain.
Secure entry, parking, open plan living kitchen with modern appliances, double bedroom, bathroom with shower over bath. Near restaurants, leisure centre, train, M65 motorway.
An ideal investment for a landlord looking for a buy to let property or a first time buyer, looking to gain a foothold on the property ladder, this lovely first floor apartment is situated in a popular purpose built block, located towards the outskirts of Colne, offered for sale with no forward chain.
Conveniently positioned for easy access to amenities, such as restaurants, Pendle Leisure Centre, Colne Train Station and the M65 Motorway network.
The apartment block has ample parking and a secure entrance with key code, intercom system for guests and communal staircases.
This spacious, well presented dwelling is suited to modern day living with the accommodation briefly comprising an entrance hall, with a built-in cloaks cupboard, and a good sized, open plan living room and kitchen.
The kitchen is attractively fitted with modern gloss fronted units and appliances, namely a combined electric cooker and dishwasher, an integral fridge, freezer and washing machine.
There is a generously proportioned double bedroom and a bathroom, fitted with a three piece white suite, with a shower over the bath.
Main Entrance Door Apartment Hallway Open Plan Living/Dining Kitchen 5.03m x 3.89m (16' 6" x 12' 9") Bedroom 3.94m x 3.05m (12' 11" x 10' 0") Bathroom 2.08m x 2m (6' 10" x 6' 7") Disclaimer Subject to contract.
Particulars are prepared in good faith for general 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.
Buyers should verify with their legal adviser the tenure, length of lease, ground rent, service charges (where applicable), council tax band, EPC rating, and any other charges or restrictions before the exchange of contracts.
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 The Arches, Colne, Lancashire, BB8
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