Townley Street, Colne, BB8

Offered for sale via Secure Sale online bidding (terms and conditions apply, starting bid £150,000

A rectangular, sloping development site extending to approximately 0.13 acres, benefiting from full planning permission for the construction of four contemporary two-bedroom dwellings.

Each home has been thoughtfully designed to suit modern lifestyles. The ground floor comprises a spacious lounge, open-plan kitchen/dining area, and WC, while the first floor provides two well-proportioned bedrooms, a family bathroom, and a dedicated study, ideal for home working.

Externally, each property will benefit from a private rear garden and allocated off-road parking.

Situated within a sought-after residential location on the edge of Colne town centre, the site presents an excellent opportunity for immediate development. The plot occupies a prominent position to the north of Townley Street at its junction with Chatham Street and is within easy walking distance of a wide range of amenities, including Sainsbury's, Lidl, Aldi, TK Maxx, and North Valley Retail Park. A selection of local schools is also nearby, while Junction 14 of the M65 motorway is only a short drive away, providing excellent transport connections.

Full planning permission was granted on 13 January 2026 for the residential development of four dwellings (Application No. 25/0359/FUL). Further planning information can be obtained directly from Pendle Borough Council.

We understand that all mains services are available within the vicinity of the site. Prospective purchasers should satisfy themselves as to the location, availability, and capacity of all services.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

EPC Rating: E