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Yarrow Road, Chorley

North West

£179,995
Listed on 02/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1114 sqft

Description

This three-bedroom semi-detached home in Chorley presents a valuable renovation opportunity for those looking to invest in a property with great potential. While it currently requires updates, the structure and layout provide a solid foundation for transformation. Located just a short drive from the vibrant town center of Chorley, this property benefits from proximity to well-regarded local schools, supermarkets, and various amenities. Excellent transport links are also at your doorstep, with convenient access to both the train station and major motorways such as the M6 and M61, making it appealing for commuters. Upon entry, you'll find an inviting hallway that leads to a spacious dining room featuring a fireplace and patio doors that open out to the rear garden. This area seamlessly connects to the lounge through double sliding doors, creating an open flow between spaces. The lounge is bright and airy, thanks to its large bay window that offers views of the front yard. The kitchen provides ample storage and workspace and includes room for freestanding appliances. A single door leads out to the side of the house for easy access, while a practical wet room/shower room conveniently completes the ground floor layout. Upstairs are three generously-sized bedrooms, with the master bedroom offering built-in storage solutions. A three-piece family bathroom services this level as well. Outside, the front yard is gated and allows for easy access to off-street parking options. The rear garden is expansive and features a flagged patio along with a lawn area—ideal for those looking to cultivate their dream outdoor space or create additional entertaining areas. Overall, this property’s location combined with its renovation potential makes it an intriguing prospect for anyone looking to invest in real estate in this sought-after area.

Investment Analysis

(PR6 area)

Below Market Value

This property is priced -28.2% below area average per sq ft

-28.2%
Potential saving
This Property
£162/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£18,000 - £44,999
10-25% of property value
Target Value
£275,654
10% above area average per sq ft
Potential ROI
+22.5%
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

Yarrow Road, Chorley
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