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Devonshire Road, Chorley

North West

£129,995
Listed on 14/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
858 sqft

Description

This two-bedroom mid-terrace property presents a promising opportunity for renovation and investment, ideally situated in a desirable area of Chorley. With no onward chain, this residence offers a blank slate for buyers looking to personalize their space or enhance its market value. Located within a short walk from Chorley town center, the home is conveniently positioned near an array of local amenities, including shops, cafes, and supermarkets. Families will appreciate the proximity to well-regarded schools, while commuters will benefit from excellent transport links such as Chorley train station, which connects easily to Manchester and Preston. The nearby M6 and M61 motorways further enhance accessibility for those traveling by car. For outdoor enthusiasts, Yarrow Valley Country Park and Astley Park are just a short drive away, providing ample green spaces for leisure activities. Upon entering the property, you are greeted by a bright entrance hall that leads into a spacious front lounge featuring a large bay window that brings in an abundance of natural light. The room's fireplace adds character and warmth, making it an inviting space. Adjacent to the lounge is a generous dining room that can accommodate a sizable table—ideal for both family meals and gatherings. The kitchen at the back of the house is equipped with an integrated oven and dishwasher along with ample counter space, offering potential for updates or redesigns to suit modern needs. The first floor comprises two well-sized bedrooms complete with fitted wardrobes that maximize storage while maintaining an airy feel. A three-piece shower room featuring modern fixtures concludes the upstairs layout. Externally, on-road parking is available at the front of the property. The rear yard provides a private outdoor area that could be transformed into an appealing garden space. An outbuilding offers additional storage options for gardening equipment or bicycles. This property's combination of location advantages and renovation potential makes it an attractive prospect for first-time buyers or investors looking to make their mark in the competitive Chorley market.

Investment Analysis

(PR7 area)

Below Market Value

This property is priced -32.3% below area average per sq ft

-32.3%
Potential saving
This Property
£152/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£211,317
10% above area average per sq ft
Potential ROI
+40.9%
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

Devonshire 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
£476
Based on a loan of £97,496 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