- TO BE SOLD BY ONLINE AUCTION +
- GREAT BTL INVESTMENT OPPORTINUTY +
- TENANTED AND PAYING £575PCM +
- TWO BEDROOMS +
- STRONG RENTAL YIELD +
TO BE SOLD BY ONLINE AUCTION ON 21ST JANUARY 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS
47 Cleveland Street, Colne, BB8 0BD
A two-bedroom mid-terrace property located in Colne (not yet inspected by Edward Mellor) offered for sale with tenants in situ on an Assured Shorthold Tenancy, currently generating £575 per calendar month. This represents an ideal opportunity for investors and buy-to-let landlords seeking a well-maintained home with strong rental potential.
The accommodation comprises two spacious reception rooms, a modern fitted kitchen, two double bedrooms, and a bathroom to the first floor. Externally, the property benefits from a large rear yard, providing practical outdoor space.
Rental values for comparable properties in the area are typically in the region of £650 – £750 per calendar month, offering scope for future rental growth.
Here are some similar properties taken from Land Registry which have sold close by:
16 Cleveland Street, BB8 0BD – Sold 04/05/2025 – £70,000 2 bed terraced 0.04 miles
46 Varley Street, BB8 0RB – Sold 04/04/2025 – £74,950 2 bed terraced 0.07 miles
19 Dickinson Street, BB8 9LU – Sold 07/03/2025 – £88,000 2 bed terraced 0.33 miles
The property is situated in a well-connected residential area, within walking distance of Colne town centre, which offers a range of shops, cafés and independent businesses. Excellent bus links are available nearby, along with Colne railway station, providing direct rail connections westward, making the property suitable for commuting tenants.
The popular Boundary Outlet Colne, one of the North’s largest outlet shopping destinations, is also a short distance away, offering a variety of retail, dining and leisure options.
EPC Rating: D