Colne Road, Nelson, Lancashire, BB9
BR

Colne Road, Nelson, Lancashire, BB9

By Bridgfords

£ 145,000

Reviews

2 out of 5 stars

Bridgfords says ..

Bridgfords are delighted to offer for sale this Part Residential Part Commercial Property, The property to the ground floor has been fitted out as a Barbers Shop to a very high standard. To the lower floor there is a Dining Kitchen and to the first floor there are three bedrooms and a f...

Property Oracle says ..

This property in Nelson, Lancashire presents a unique opportunity as a combined commercial and residential unit. The ground floor is currently operating as a well-equipped barber shop, suggesting potential rental income or continued business operation. The residential space above offers three bedrooms and a bathroom, providing living quarters. The location is convenient, with close proximity to Brierfield train station and several well-rated primary schools. However, the residential area requires some modernisation and updating. The small, unkempt yard is a significant drawback. The list price aligns with comparable properties in the area, making it a potentially worthwhile investment for those seeking a mixed-use property with potential for income generation. A thorough survey is recommended before purchase to assess the full extent of any necessary repairs or renovations.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
1
Bedrooms
3
Bathrooms
1
Sqft (est)
1,215.25

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
251,630.00 £
Decreased by 1.71 %
from 256,000.00 £
Est sale value
280,722.75 £
Decreased by 56.74 %
from 648,943.50 £
Average area rental value
755.00 £/mo
Decreased by 81.50 %
from 4,081.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 9,722.00 £/mo
Est rental Yield
3.60 %
Decreased by 81.18 %
from 19.13 %
Crime Rate
38.00 %
Unchanged by 0.00 %
from 38.00 %

Agent Activity

  • Bridgfords created the listing.

Nearby Schools

NameTypeOfstedDistance
Family Tree Children'S CentreChildren's Centre0.19 KM
Pendle Primary AcademyAcademy Sponsor LedGood0.42 KM
Woodfield Nursery SchoolLocal Authority Nursery SchoolGood0.60 KM
Holy Trinity Roman Catholic Primary School, BrierfieldVoluntary Aided SchoolGood1.06 KM
Reedley Primary SchoolCommunity SchoolGood1.18 KM

Images

Barbers Shop External Bedroom Barber Shop Lounge Bedroom Lounge Barbers Shop Dining Kitchen Dining Kitchen Bedroom Bathroom Bathroom Kitchen Diner Yard External Kitchen Diner

Nearby Streets

NameAverage PriceAverage SqftDistance
Vine Street £ 000.00 KM
Cambridge Street £ 000.00 KM
Ross Street £ 120,00000.00 KM
Church Street £ 000.00 KM
Hartington Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Brierfield2554BRF0.23 KM
Nelson2565NEL2.57 KM
Burnley Central2550BNC3.67 KM
Burnley Barracks2743BUB4.58 KM
Burnley Manchester Road2549BYM4.71 KM

Nearby Listings

AddressPriceTypeScoreDistance
Timber Street, BB9 £ 59,000BUY4 / 100.11 KM
Timber Street, Brierfield £ 74,950BUY6 / 100.11 KM
Timber Street, Brierfield, Nelson, Lancashire, BB9 £ 90,000BUY5 / 100.12 KM
Colne Road, Brierfield, Nelson, Lancashire, BB9 £ 95,000BUY6 / 100.13 KM
Railway Street, Brierfield, BB9 £ 49,950BUY4 / 100.16 KM

Nearby Properties

AddressPriceDistance
36 Colne Road £ 56,0000.00 KM
4 Wesley Street £ 22,0000.03 KM
8 Robson Street £ 45,0000.04 KM
4 Robson Street £ 15,5000.04 KM
15 Railway View £ 35,0000.09 KM