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Fishwick Lane, Higher Wheelton

North West

£199,995
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
880 sqft

Description

**CASH BUYERS ONLY** This delightful two-bedroom stone terrace cottage presents a unique opportunity for renovation enthusiasts and investors alike. Nestled along a tranquil country road in the charming village of Higher Wheelton, this property is offered with no onward chain and is ideal for those looking to bring their vision to life while preserving the home's traditional character. The location is one of the standout features of this property. Higher Wheelton boasts a friendly community atmosphere while still offering convenient access to larger towns, including Chorley and Blackburn. The nearby M61 and M65 motorways provide quick connections to major cities such as Manchester and Preston, making it an appealing choice for commuters. Residents can also enjoy local amenities like village shops, cozy pubs, and endless scenic walks through the West Pennine Moors and along the Leeds Liverpool Canal. Upon entering the cottage, you are greeted by a cozy lounge that exudes charm with its log-burning stove positioned as a focal point. The staircase leading to the first floor adds character to this inviting space. The kitchen/diner provides practical functionality, leaving ample room for both cooking and entertaining. A porch at the rear seamlessly connects indoor living with outdoor enjoyment. Upstairs, two bedrooms await, both boasting picturesque countryside views that enhance their appeal. The master bedroom features a three-piece en-suite for added convenience, while the second bedroom offers generous space suitable for guests or family members. Both rooms hold significant potential for transformation into modern yet comfortable retreats. Parking is easily accessible at the front of the property for up to three vehicles, ensuring convenience for homeowners and visitors alike. Across from the house lies a gated lawned garden that presents opportunities for cultivation or relaxation in an outdoor setting. Additionally, the secluded rear garden features seating areas and lush lawns, all overlooking stunning rural landscapes. This property not only offers a canvas ripe with potential but also stands as a rare chance to create a distinctive home in an attractive rural locale.

Investment Analysis

(PR6 area)

Above Market Value

This property is priced +0.2% above area average per sq ft

+0.2%
This Property
£227/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£219,542
10% above area average per sq ft
Potential ROI
-12.2%
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

Fishwick Lane, Higher Wheelton
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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
£733
Based on a loan of £149,996 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