Knotts Lane, Colne
PE

Knotts Lane, Colne

By Petty Estate Agents Ltd

£ 79,950

Reviews

2 out of 5 stars

Petty Estate Agents Ltd says ..

This spacious mid-terrace property is a perfect blend of comfort and functionality, ideal for both families and professionals. Upon entering, you are welcomed by a well-lit hallway that sets the tone for the rest of the house. The ground floor features a cosy lounge, perfect for relaxing evenings...

Property Oracle says ..

This two-bedroom terraced house located on Knotts Lane in Colne, Lancashire is presented as a property with potential. The property’s location is a definite positive, offering access to local amenities including schools (The Nook school being rated ‘Good’ by Ofsted) and transport links (Colne train station is relatively close). The photographs reveal a property which is habitable, but requires modernisation. The decor throughout is dated and various rooms show signs that updates are required, particularly the kitchen and bathroom. While the property boasts a small rear garden, its current condition can be described as overgrown. The pricing of £79,950 appears fairly competitive when compared to similar properties in the area, considering the need for improvements. Potential buyers should budget for significant renovations to increase the property’s value and modernise its aesthetic appeal. Overall, this property could represent a good investment opportunity for those willing to undertake renovations, though it is important to factor in the costs of these works.

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
5
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
870.80

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
170,676.80 £
Decreased by 18.67 %
from 209,862.80 £
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
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Petty Estate Agents Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Colne Lord Street SchoolAcademy Converter0.68 KM
The Nook SchoolOther Independent SchoolGood0.81 KM
Colne Children'S CentreChildren's Centre1.01 KM
Colne Primet Primary SchoolCommunity SchoolGood1.22 KM
West Street Community Primary SchoolCommunity SchoolGood1.22 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Green Road £ 000.00 KM
Saint Andrews Close £ 000.00 KM
Back Duke Street £ 000.00 KM
Saint Georges Close £ 185,00000.00 KM
Princess Street £ 135,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Colne2562CNE0.70 KM
Nelson2565NEL4.44 KM
Brierfield2554BRF7.24 KM
Burnley Central2550BNC9.87 KM

Nearby Listings

AddressPriceTypeScoreDistance
Knotts Lane, COLNE, Lancashire, BB8 £ 77,000BUY5 / 100.06 KM
Land To Rear Of 63 Knotts Lane, Colne, Lancashire £ 65,000BUY5 / 100.07 KM
Atkinson Street, Colne, BB8 £ 65,000BUY4 / 100.07 KM
Atkinson Street, Colne, Lancashire, BB8 £ 60,000BUY5 / 100.09 KM
Peerart Court, Colne £ 75,000BUYUnknown0.14 KM

Nearby Properties

AddressPriceDistance
73 Knotts Lane £ 82,0000.05 KM
59 Knotts Lane £ 96,5000.05 KM
57 Knotts Lane £ 55,0000.05 KM
61 Knotts Lane £ 67,5000.05 KM
53 Knotts Lane £ 61,0000.05 KM