Property investment stats for Colne, North West

• The area boasts strong rental yields of 7.5%, with the top performing postcode district offering 6.7%.
• The low price-to-income ratio of 3.4 means properties are comparatively affordable, which can attract both investors and tenants.
• High demand from renters, reflected in the large private rented sector and high single occupier household rate, supports stable occupancy rates.

• The 3-year capital growth has changed by -4.4%, suggesting potential volatility or slow long-term appreciation.
• With a degree-educated population in the 17th percentile and professionals and managers in the 7th percentile, tenant quality and local earning power may be lower than in other areas.
• The unemployment rate is in the 73rd percentile for Britain, which could impact tenant stability and rent collection.

Colne's appeal for investors lies in its combination of affordability and robust rental yields, especially given the current median asking sale price for a 2-bedroom flat is £154,950 and the median asking rent for a 2-bedroom flat is £710. The 1-year capital growth of 9.1% is encouraging, but the area has yet to prove itself for sustained long-term growth, as seen in the annualised growth over 3 years of -1.5%.

Liquidity remains healthy, with a median time on market of 53 days and a median discount to asking price of £2,000 (the typical achieved discount), indicating buyers can negotiate but properties do sell. Rental demand should stay firm, given the high proportion of renters and single occupiers. I expect Colne to remain attractive for yield-focused investors, but those seeking capital growth should keep an eye on local economic fundamentals and tenant quality over the next year.