Spring Lane, COLNE, Lancashire, BB8
EN

Spring Lane, COLNE, Lancashire, BB8

By Entwistle Green

£ 70,000

Reviews

2 out of 5 stars

Entwistle Green says ..

Charming Two-Bedroom Mid-Terraced Cottage on Spring Lane, Colne Nestled on the peaceful and sought-after Spring Lane in Colne, this delightful two-bedroom mid-terraced cottage offers a perfect blend of character and modern living. The property is ready to move into, with the pote...

Property Oracle says ..

The property is a two-bedroom terraced house located on Spring Lane in Colne, Lancashire. The list price is £70,000. The property appears to be in need of some modernisation and updating. The kitchen and bathroom are relatively dated, and some cosmetic work would improve the overall presentation. There is no evidence of significant structural issues, but some areas show wear and tear. The property benefits from its proximity to several primary schools, including West Street Community Primary School and Sacred Heart Roman Catholic Primary School, both rated ‘Good’ by Ofsted. Colne train station is also within walking distance, providing convenient access to public transport. However, the plot size is listed as 0.00 sqft, indicating a lack of garden space. Considering the average house price in the area is £161,381 and the average price per sqft is £144, this property is significantly below average in both price and size. While the location is reasonably convenient and close to amenities, the condition of the property and lack of outdoor space need to be factored into the valuation. Similar properties on Spring Lane have sold for between £62,500 and £114,950, suggesting the list price of £70,000 is within the range of comparable properties, though at the higher end. However, the condition of the property may affect its final selling price.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
474.69

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
262,475.00 £
Increased by 52.59 %
from 172,016.00 £
Est sale value
138,134.79 £
Increased by 95.30 %
from 70,728.81 £
Average area rental value
950.00 £/mo
Increased by 33.05 %
from 714.00 £/mo
Est letting value
474.69 £/mo
from 0.00 £/mo
Est rental Yield
4.34 %
Decreased by 12.85 %
from 4.98 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Entwistle Green created the listing.

Nearby Schools

NameTypeOfstedDistance
Colne Children'S CentreChildren's Centre0.45 KM
Colne Lord Street SchoolAcademy Converter0.46 KM
West Street Community Primary SchoolCommunity SchoolGood0.77 KM
Sacred Heart Roman Catholic Primary School, ColneVoluntary Aided SchoolGood1.03 KM
The Nook SchoolOther Independent SchoolGood1.16 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Bond Street £ 000.00 KM
Birtwistle Hyde Park £ 000.00 KM
Back Duke Street £ 000.00 KM
Chapel Street £ 000.00 KM
Rook Street £ 110,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Colne2562CNE0.90 KM
Nelson2565NEL5.02 KM
Brierfield2554BRF7.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
Spring Lane, COLNE, Lancashire, BB8 £ 70,000BUY5 / 100.00 KM
Spring Lane, Colne, Lancashire, BB8 £ 100,000BUY6 / 100.04 KM
Brown Street East, Colne, Lancashire, BB8 £ 120,000BUY5 / 100.04 KM
Derby Street, Colne, Lancashire, BB8 £ 100,000BUY5 / 100.05 KM
Derby Street, Colne, BB8 £ 110,000BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
9 Spring Lane £ 62,5000.00 KM
54 Spring Lane £ 80,0000.01 KM
36 Spring Lane £ 75,0000.01 KM
60 Spring Lane £ 63,0000.01 KM
7 Spring Lane £ 114,9500.01 KM