Portland Street, Colne
HI

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 %
from 163,659.00 £
Est sale value
168,019.04 £
Decreased by 18.67 %
from 206,594.84 £
Average area rental value
580.00 £/mo
Decreased by 7.94 %
from 630.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.65 %
Decreased by 21.00 %
from 4.62 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Hilton & Horsfall Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Park Primary SchoolCommunity SchoolGood0.17 KM
Newtown Nursery SchoolLocal Authority Nursery SchoolGood0.42 KM
Colne Park High SchoolAcademy Converter0.76 KM
West Street Community Primary SchoolCommunity SchoolGood0.83 KM
Colne Children'S CentreChildren's Centre1.10 KM

Images

Portland Street

Nearby Streets

NameAverage PriceAverage SqftDistance
Lilac Street £ 000.00 KM
Bath Street £ 70,00000.00 KM
Matthew Close £ 000.00 KM
Derwent Close £ 000.00 KM
Brownhill Lane £ 875,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Colne2562CNE2.43 KM
Nelson2565NEL6.49 KM
Brierfield2554BRF9.28 KM

Nearby Listings

AddressPriceTypeScoreDistance
York Street, Colne, Lancashire, BB8 £ 140,000BUY6 / 100.08 KM
York Street, Colne, Lancashire, BB8 £ 149,950BUY6 / 100.08 KM
Gordon Street, Colne, BB8 £ 170,000BUY7 / 100.11 KM
Gordon Street, Colne, BB8 £ 160,000BUYUnknown0.11 KM
Charles Street, Colne, Lancashire, BB8 £ 170,000BUYUnknown0.12 KM

Nearby Properties

AddressPriceDistance
36 Portland Street £ 92,0000.05 KM
13 Portland Street £ 91,0000.05 KM
58 Portland Street £ 72,0000.05 KM
23 Portland Street £ 81,0000.05 KM
11 Portland Street £ 105,0000.05 KM