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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 property in Chorley presents a compelling opportunity for renovation and investment. Set in a desirable location, the home is just a short drive from Chorley town center, offering access to a variety of local amenities, reputable schools, and convenient transport options including the nearby train station and major motorways M6 and M61. Entering the property, you are greeted by an entrance hallway leading to the staircase and providing access to the ground floor rooms. The spacious dining room features a fireplace and patio doors that open directly to the rear garden, creating an inviting space with potential for modern updates. This area flows into the lounge through double sliding doors, where a bay window offers pleasant views of the front yard. The kitchen provides ample storage and countertop space along with room for freestanding appliances, ensuring it can be reimagined to suit contemporary living needs. Adjacent to the kitchen is a wet room/shower room, which adds convenience on the ground floor. Upstairs, you'll find three well-sized bedrooms, with built-in storage in the master bedroom for added practicality. Completing this level is a three-piece family bathroom that could benefit from modernization. Externally, the property boasts a gated yard at the front along with generous on-street parking availability. The rear garden is expansive and features both a flagged patio area and lawn space—ideal for those looking to create their perfect outdoor retreat or enhance its usability further. With its prime location and significant renovation potential, this home stands as an attractive prospect for investors or anyone eager to craft their ideal living space. Early viewing is advised to fully appreciate what this property has to offer.

Investment Analysis

(PR6 area)

Below Market Value

This property is priced -28.8% below area average per sq ft

-28.8%
Potential saving
This Property
£162/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£277,921
10% above area average per sq ft
Potential ROI
+26.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (PR6)

Area prices are falling by +3.5% over the last 12 months
3 year growth: 5.1%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on PR6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £134,996 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE