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Cottage Fields, Chorley, PR7

North West

£200,000

Listed on 23/07/2026

Property details

Bedrooms
3
Type
Detached
Area
873 sqft

Description

This three-bedroom detached property presents a compelling opportunity for those looking to invest in a home that requires updating, allowing you to tailor it to your personal taste and style. Located in a desirable neighbourhood, this residence is an excellent prospect for first-time buyers or families wishing to establish roots. While the home currently needs some work, its layout and potential are promising, making it suitable for renovation enthusiasts eager to create their ideal living space. The property features a welcoming entrance porch that leads into a spacious lounge/dining room filled with natural light from a large bay window. The open flow between the living areas and access to the serene rear garden through French doors enhances the property's charm. The kitchen offers a solid foundation with ample storage and integrated appliances, ready for modernisation. Upstairs, three well-sized bedrooms await your personal touch, along with a functional main bathroom that adds convenience. Externally, both front and back gardens are well-maintained, while off-road parking is available via the driveway and garage. With easy access to Chorley’s vibrant town centre—known for its market and array of shops—and excellent transport links for commuters, this property is perfectly positioned to enjoy all local amenities while being part of a strong community environment. This home’s combination of location, size, and renovation potential makes it an enticing investment opportunity not to overlook.

Investment analysis

(PR7 area)

Below Market Value

This property is priced -1.4% below area average per sq ft

-1.4%
Potential saving
This Property
£229/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£223,126
10% above area average per sq ft
Potential ROI
-10.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PR7)

Area prices are rising by +4.2% over the last 12 months
3 year growth: +12.5%
5 year growth: +15.7%
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

Cottage Fields, Chorley, PR7
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-9.1% since listed
£200,000£19,995(-9.1%)
09/08/2025
Current price
£219,995Initial listing
22/07/2025

Next Steps

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