Red Lane, Colne, Barrowford, BB8
RI

Red Lane, Colne, Barrowford, BB8

By Richard Turner & Son

£ 45,000

Reviews

3 out of 5 stars

Richard Turner & Son says ..

A genuine and handy size piece of grassland well located between Barrowford and Colne. The land has good prospects for the farmer, lifestyle and investor buyers alike. The land has direct roadside access from Red Lane at two points along the roadside boundary with a natural water supply to the...

Property Oracle says ..

This listing presents a parcel of farmland located in Red Lane, Barrowford, near Colne, Lancashire. The property consists of a tract of grassland, showing no structures or buildings in the provided photographs. Its rural location offers a degree of peace and quiet, but involves a drive into Colne or Barrowford for day to day necessities. Public transportation may be limited. The land itself appears to be in good condition, showing reasonable maintenance levels. Access to the property seems adequate and potential utilities may be already present. The lack of data regarding the precise square footage and the absence of buildings makes a full comparison with nearby residential properties challenging. Nevertheless, the listing price seems to reflect the current market value of undeveloped land in the area. The lack of structural improvements will limit the immediate return on investment, but those seeking agricultural use or development potential may find this listing of particular interest. The proximity to schools and the potential for development or agricultural use are positive aspects, while the relative isolation and absence of immediate amenities should be taken into account. Further due diligence regarding planning permissions, soil quality, and other relevant factors should be conducted before purchasing.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
4
Land
6
Bedrooms
0
Bathrooms
0

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
250,482.00 £
Decreased by 4.66 %
from 262,736.00 £
Average area rental value
1,463.00 £/mo
Increased by 29.24 %
from 1,132.00 £/mo
Est rental Yield
7.01 %
Increased by 35.59 %
from 5.17 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Richard Turner & Son marked this listing as sold.

  • Richard Turner & Son created the listing.

Nearby Schools

NameTypeOfstedDistance
Colne Primet Primary SchoolCommunity SchoolGood1.67 KM
Colne Primet AcademyAcademy Sponsor LedGood1.80 KM
Colne Lord Street SchoolAcademy Converter1.91 KM
Pendle View Primary SchoolCommunity Special SchoolOutstanding1.94 KM
Ss John Fisher And Thomas More Roman Catholic High SchoolVoluntary Aided SchoolRequires improvement2.09 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Red Lane £ 000.00 KM
Knightsbridge Avenue £ 247,50000.00 KM
Bankfield Street £ 000.00 KM
Leopold Street £ 000.00 KM
Primet Bridge £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colne2562CNE1.69 KM
Nelson2565NEL3.93 KM
Brierfield2554BRF6.51 KM
Burnley Central2550BNC9.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
Red Lane, Colne, Barrowford, BB8 £ 45,000BUY6 / 100.00 KM
Property with land for sale – Cedar Lodge, Red Lane, Colne, BB8 7JW £ 999,950BUY8 / 100.58 KM
Barrowford Road, Colne, Lancashire, BB8 £ 730,000BUY7 / 100.76 KM
Grenfell Gardens, Colne, BB8 £ 275,000BUY5 / 100.83 KM
Grenfell Gardens, Colne, BB8 £ 260,000BUY7 / 100.86 KM

Nearby Properties

AddressPriceDistance
Edge End Bungalow £ 285,0000.67 KM
Mews Cottage £ 357,5000.68 KM
156 Barrowford Road £ 275,0000.79 KM
168 Barrowford Road £ 294,9500.79 KM
16 Grenfell Gardens £ 375,0000.91 KM