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Back to search: Colne or Knotts Lane

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Modern and Spacious 2 bed Property property

Available
For Sale
Listed Aug 25, 2025
£26,000
Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

"***CASH BUYERS ONLY***

Located on the sought after Green Road in Colne, this two bedroom end terraced property presents an excellent renovation opportunity for buyers looking to put their own stamp on a home. In need of full refurbishment throughout, the property provides a solid foundation and a traditional layout ideal for reimagining into a modern living space.

Internally, the accommodation includes a spacious main lounge, a second reception room that could be used as a dining or additional sitting room, and a separate kitchen to the rear. Upstairs, there are two generous bedrooms and a bathroom, all of which require updating. The layout offers flexibility for a range of renovation ideas, making it an ideal project for developers or ambitious first time buyers.

One of the key highlights of this property is its larger than average rear yard. Unlike most terraces, this outdoor space offers great potential to be transformed into a charming garden, ideal for relaxing or entertaining. An outbuilding is also located at the rear, providing practical storage space.

Green Road is well positioned for easy access to Colne town centre, local amenities, schools, and excellent transport links, including the nearby M65 motorway. The area is popular with a mix of owner occupiers and investors, offering a strong sense of community.

With vision and investment, this end terrace could become a stylish and comfortable home. Its larger footprint, additional reception room, and generous outdoor space make it a rare find for those ready to take on a rewarding renovation project.

For Sale by Modern Method of Auction; Starting Bid Price £26,000 plus Reservation Fee.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition
to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

"

Mouseprice Data

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Data point Compared to road
Tax band A
83 sqm plot

Property Location

Average Price
The average asking price of 2 bed Property properties For Sale in is £143,495. The most recent sale of the same type on this road was on Nov 8, 2024 for £335,000. The crime level in the surrounding area is medium.
Crime
The crime level in the surrounding area is medium.
Nearby Schools
Newtown Nursery School
0.1mi
Park Primary School
0.2mi
West Street Community Primary School
0.2mi
Colne Park High School
0.5mi
Colne Lord Street School
0.6mi
Nearby Stations
Colne Station
0.8mi
Nelson Station
2.6mi
Brierfield Station
3.8mi
Burnley Central Station
5.5mi
Burnley Barracks Station
6.1mi
Schools
Stations
On the map
Road view

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