Portland Street, Colne
By Hilton & Horsfall Estate Agents
£ 46,000
Reviews
2 out of 5 stars
Hilton & Horsfall Estate Agents says ..
This mid terraced dwelling is separated into 2 separate income generating apartments making it a great investment for buy to let landlords. The property is situated in the heart of the sought after town of Colne. The 1st apartment is located to the front of the property and compromises of a stair...
Property Oracle says ..
This property is a two-bedroom, two-bathroom terraced house located on Portland Street in Colne, Lancashire. The listing highlights its potential as a rental investment property, as it’s divided into two separate apartments. The exterior appears to be in reasonable condition, though a more comprehensive inspection would be necessary to fully assess its state of repair. A key drawback is the lack of a garden or any significant land associated with the property. The list price of £46,000 may seem attractive, but potential buyers need to carefully weigh this against any necessary repairs or renovations and the overall rental income potential. The location is convenient, with relatively easy access to schools, and Colne train station. The area’s desirability is further supported by the presence of nearby streets with properties selling at higher prices. Overall, this property presents a potentially affordable entry point to the UK housing market, particularly for those with an interest in rental income, but requires thorough due diligence before purchase.
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
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 857.24
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
- 190,541.00 £Increased by 16.43 %
- Est sale value
- 168,019.04 £Decreased by 18.67 %
- Average area rental value
- 580.00 £/moDecreased by 7.94 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.65 %Decreased by 21.00 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Hilton & Horsfall Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Park Primary School | Community School | Good | 0.17 KM |
| Newtown Nursery School | Local Authority Nursery School | Good | 0.42 KM |
| Colne Park High School | Academy Converter | 0.76 KM | |
| West Street Community Primary School | Community School | Good | 0.83 KM |
| Colne Children'S Centre | Children's Centre | 1.10 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lilac Street | £ 0 | 0 | 0.00 KM |
| Bath Street | £ 70,000 | 0 | 0.00 KM |
| Matthew Close | £ 0 | 0 | 0.00 KM |
| Derwent Close | £ 0 | 0 | 0.00 KM |
| Brownhill Lane | £ 875,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Colne | 2562 | CNE | 2.43 KM |
| Nelson | 2565 | NEL | 6.49 KM |
| Brierfield | 2554 | BRF | 9.28 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| York Street, Colne, Lancashire, BB8 | £ 140,000 | BUY | 6 / 10 | 0.08 KM |
| York Street, Colne, Lancashire, BB8 | £ 149,950 | BUY | 6 / 10 | 0.08 KM |
| Gordon Street, Colne, BB8 | £ 170,000 | BUY | 7 / 10 | 0.11 KM |
| Gordon Street, Colne, BB8 | £ 160,000 | BUY | Unknown | 0.11 KM |
| Charles Street, Colne, Lancashire, BB8 | £ 170,000 | BUY | Unknown | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 36 Portland Street | £ 92,000 | 0.05 KM |
| 13 Portland Street | £ 91,000 | 0.05 KM |
| 58 Portland Street | £ 72,000 | 0.05 KM |
| 23 Portland Street | £ 81,000 | 0.05 KM |
| 11 Portland Street | £ 105,000 | 0.05 KM |