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Pall Mall, Chorley, Lancashire, PR7

North West

£110,000
Listed on 24/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
996 sqft

Description

This three-bedroom property presents a promising opportunity for renovation and investment. While it requires a thoughtful refurbishment, its well-proportioned layout and spacious rooms provide a solid foundation for transforming it into an attractive home. The ground floor features a generous lounge that benefits from ample natural light through multiple UPVC double-glazed windows, as well as access to the rear garden. Adjacent to the lounge is the dining kitchen, which offers significant space and potential for modernization with existing fittings that include wall and base units, as well as room for essential appliances. The French doors leading to the backyard enhance the connection between indoor and outdoor spaces, inviting creative landscaping opportunities. Upstairs, you'll find three bedrooms that vary in size, making them adaptable for different uses, whether it be family rooms or office spaces. The bathroom is ready to accommodate a three-piece suite of your choosing, allowing you to customize it according to your preferences. Externally, the property includes a gravel front garden that provides curb appeal along with side access to the expansive rear garden. This outdoor space is primarily lawned and features established shrubs and trees—perfect for those looking to cultivate their green thumb or create an entertaining area. Located within walking distance of Chorley town center, residents will benefit from easy access to shops, schools, and public transport links such as bus and train services. This convenient position enhances its appeal not only for homeowners but also for prospective tenants, making it a worthwhile investment in a growing neighborhood. Offered with no onward chain, this property invites consideration from those eager to embark on a refurbishment project that promises substantial returns in both comfort and value.

Investment Analysis

(PR7 area)

Below Market Value

This property is priced -50.7% below area average per sq ft

-50.7%
Potential saving
This Property
£110/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£245,305
10% above area average per sq ft
Potential ROI
+63.5%
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

Pall Mall, Chorley, Lancashire, PR7
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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
£403
Based on a loan of £82,500 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