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Pleasant View, Chorley PR6 - Image 1
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Pleasant View, Chorley PR6

North West

£170,000
Listed on 18/01/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1033 sqft

Description

This two-bedroom end-of-terrace corner house offers a blend of period charm and significant renovation potential in the village of Withnell, Chorley. The layout includes a reception room and dining room that exude character, enhanced by original fireplaces that speak to the home’s historical roots. The kitchen and separate utility room provide functional spaces for everyday living. Situated on a corner lot, this property features an additional outbuilding that presents versatile options for storage or potential conversion into a creative workspace. Both double bedrooms are equipped with fitted wardrobes, offering practical storage solutions while leaving room for personal customization. Although the home retains many original features, it is ripe for modern updates, making it an excellent opportunity for investors or homeowners seeking to personalize their space. With some thoughtful renovations, this property can be transformed into a contemporary residence that honors its heritage. The surrounding area of Withnell boasts a strong community vibe and convenient access to local amenities, enhancing its appeal as both a comfortable living environment and an attractive investment opportunity. Whether you're looking to flip the property or create your ideal living space, this house holds promise for those ready to embark on a renovation journey.

Investment Analysis

(PR6 area)

Below Market Value

This property is priced -26.8% below area average per sq ft

-26.8%
Potential saving
This Property
£165/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£17,000 - £42,500
10-25% of property value
Target Value
£255,611
10% above area average per sq ft
Potential ROI
+20.3%
After renovation
Monthly Sales
20
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (PR6)

Area prices are falling by +3.2% over the last 12 months
3 year growth: 10.1%
5 year growth: 19.0%
Investment Disclaimer: Analysis based on PR6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Pleasant View, Chorley PR6
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