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47 Townley St 0.13 Acres of Residential Land Offered at £150,000 in Colne BB8 9LF
Investment Highlights
- Consent for the construction of four contemporary two-bedroom dwellings.
- Located close to Colne town centre and major retail amenities.
- Excellent connectivity with Junction 14 of the M65 motorway nearby
- Prominent corner position at Townley Street and Chatham Street.
- Nearby occupiers include Sainsbury's, Lidl, Aldi, TK Maxx, and North Valley Retail Park.
Executive Summary
Extending to approximately 0.13 acres, the land benefits from full planning permission (Application No. 25/0359/FUL) granted on 13 January 2026 for the construction of four contemporary two-bedroom homes. Positioned at the junction of Townley Street and Chatham Street, the site is within walking distance of major retail facilities and local amenities and offers convenient access to Junction 14 of the M65. The property is being offered for sale via online auction with a starting bid of £150,000, presenting an opportunity for developers seeking an immediately implementable residential scheme.
Property Facts
| Price | £150,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Auction Sale | Proposed Use | |
| Tenure | Long Leasehold | Total Plot Size | 0.13 ac |
| No. Plots | 1 |
| Price | £150,000 |
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Tenure | Long Leasehold |
| No. Plots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Plot Size | 0.13 ac |
1 Plot Available
Plot
| Price | £150,000 | Total Plot Size | 0.13 ac |
| Price Per ac | £1,153,846.15 |
| Price | £150,000 |
| Price Per ac | £1,153,846.15 |
| Total Plot Size | 0.13 ac |
The property comprises a leasehold residential development site located at 47 Townley Street, Colne.
Description
A rectangular, sloping development site extending to approximately 0.13 acres with full planning permission for the construction of four modern two-bedroom dwellings. The approved scheme includes contemporary accommodation with private rear gardens, dedicated study areas, and allocated parking. The site occupies a prominent position close to Colne town centre, retail amenities, schools, and the M65 motorway, creating an attractive residential development opportunity.
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47 Townley St
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