1 Bank Street, Colne
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1 Bank Street, Colne

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We have confidence in this estimated current valuation Updated recently
£49,725
Or £323 per month to rent Powered by AVM
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Listing history

For Sale
May 1, 2025
£140,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to 1 Bank Street, Colne, a cozy and compact terraced type home with 2 bed in the BB8 8SL area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band B.

This classic property was built The local area is known for its high value-to-quality ratio - with a market valuation of £49,725 and a rental potential of £323 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to May 1, 2025. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"Potential on the hill! This fantastic end terrace offers breathtaking views and an exciting opportunity for renovation. Ideally located near transport links to Burnley and surrounded by beautiful countryside walks, this property is brimming with potential.

As you step inside, the entrance vestibule leads into a welcoming hallway. The front lounge is bright and airy, featuring two large windows that flood the space with natural light and a gas fire. To the rear, the spacious dining room presents an excellent opportunity to merge with the galley kitchen, creating a modern open plan family space. The kitchen itself is generously sized, offering ample storage and housing the combination boiler.

Upstairs, the first floor boasts a substantial double bedroom at the front with stunning hill views, alongside a well proportioned single bedroom at the rear. The bathroom has been updated with a stylish four piece suite, including a low level WC, cabinet hand wash basin, quadrant bath, and a walk in shower all in sleek white. The loft has been partially boarded, offering additional storage and the potential for conversion.

Externally, the property benefits from a paved parking area to the side and a charming rear garden with a lawned section, providing a perfect outdoor retreat. While the driveway and garden have been in place for over 20 years, they are not officially registered on the title.

With the scope to reconfigure into a three bedroom home, this property is a fantastic opportunity for buyers looking to add their touch.

"

Property Data

Data point Compared to road
Tax band B
91 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £226 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Foulridge Saint Michael and All Angels CofE Voluntary Aided Primary School
0.6mi
Sacred Heart Roman Catholic Primary School Colne
1.0mi
Colne Park High School
1.2mi
Park Primary School
1.5mi
Colne Christ Church Church of England Voluntary Aided Primary School
1.6mi
Nearby Stations
Colne Station
1.8mi
Nelson Station
3.6mi
Brierfield Station
4.7mi
Burnley Central Station
6.7mi
Cononley Station
6.9mi

Comparable properties

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Photos

Strengths and Opportunities

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Renovation improvements

๐Ÿค”
New Kitchen
This could increase your home value by £15,000
๐Ÿค”
New Bathroom
This could increase your home value by £5,000
๐Ÿค”
Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

๐Ÿ˜€
Strength: Freehold ownership
This property has the support and stability of full freehold ownership.
๐Ÿ˜€
Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is 1 Bank Street, Colne worth?

    1 Bank Street, Colne is now worth £49,725 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for 1 Bank Street, Colne - click click here to get a valuation with no strings attached.

  2. What is the rental value of 1 Bank Street, Colne?

    The current rental valuation for this property is £323 per month, within a price range of £291 and £356.

  3. How many bedrooms does 1 Bank Street, Colne have?

    This property has 2 bedrooms. Search for nearby properties with 2 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to 1 Bank Street, Colne?

    Nearby schools in include Foulridge Saint Michael and All Angels CofE Voluntary Aided Primary School, Sacred Heart Roman Catholic Primary School Colne, Colne Park High School, Park Primary School, Colne Christ Church Church of England Voluntary Aided Primary School

    Nearby stations in include Colne Station, Nelson Station, Brierfield Station, Burnley Central Station, Cononley Station.

  5. What type of property is 1 Bank Street, Colne

    This is a Terraced property. There are 4 other Terraced properties on BANK STREET, and 4 in total.

  6. When was 1 Bank Street, Colne built? How old is 1 Bank Street, Colne?

    1 Bank Street, Colne was was built between .

Breadcrumbs

Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

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