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Bolton Road, Chorley, Lancashire

North West

£399,995
Listed on 04/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1494 sqft

Description

Nestled in a sought-after area of Chorley, this detached family home presents a unique opportunity for renovation and investment. Its prime location offers easy access to the heart of Chorley, where residents can enjoy an array of shops, restaurants, and reputable local schools. The property is also well-connected to major motorways and a nearby train station, enhancing its appeal for commuters and families alike. Upon entering, you are welcomed into a hallway that leads to several well-proportioned rooms. The spacious living room features a classic fireplace as its centerpiece, along with a bay window that invites abundant natural light. Adjacent is the dining room, which mirrors the living room's generous dimensions and benefits from another bay window, creating a bright and airy ambiance. The kitchen offers functional space with wall and base units alongside a sink and Rayburn. Additionally, there is a versatile reception room currently being used as a home office, providing flexibility based on your needs. Completing the ground floor is a convenient WC and utility room. Upstairs, you'll find four comfortably sized bedrooms along with a family bathroom equipped with both a bath and separate shower cubicle. Each bedroom provides potential for personalization or reconfiguration to suit modern living. Externally, the property boasts ample off-road parking on the driveway, while the front garden features mature hedging that ensures privacy from the street. With no chain delay attached to this home, it stands ready for those looking to invest in an area with strong growth potential. This property is ideal for buyers keen on adding value through strategic renovations while capitalizing on its favorable location.

Investment Analysis

(PR7 area)

Above Market Value

This property is priced +19.6% above area average per sq ft

+19.6%
This Property
£268/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£367,957
10% above area average per sq ft
Potential ROI
-13.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
66
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (PR7)

Area prices are rising by +11.9% over the last 12 months
3 year growth: 12.9%
5 year growth: 23.1%
Investment Disclaimer: Analysis based on PR7 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

Bolton Road, Chorley, Lancashire
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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
£1,465
Based on a loan of £299,996 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