Victorian lounge with high ceilings and period fireplace
This two-bedroom mid-terrace on Midgley Street offers an affordable entry into Colne with genuine scope to add value. The property retains Victorian character in the front lounge — high ceilings, fireplace and mouldings — and includes practical extras such as attic storage and a private rear yard.
Internally the layout is straightforward: front lounge, fitted rear kitchen and a three-piece bathroom on the first floor served by two well-proportioned bedrooms. The house is presented as a functional home ready for cosmetic updating and personalisation, making it suitable for first-time buyers wanting a long-term home or investors targeting rental demand in the area.
Important sale details and costs are material to any purchase decision. The property is offered by the Modern Method of Auction with a Starting Bid of £50,000. Buyers must pay a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) in addition to the purchase price, and will be responsible for a buyer’s information pack fee (£300). The purchaser must complete within the auction timetable and carry out their own due diligence.
Location-wise, the house is close to local shops, schools and public transport, with fast broadband and strong mobile signal. Be aware the immediate area is classified as very deprived with high local crime rates — factors that can affect resale and rental yields and that may influence insurance and mortgage terms.
