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Rawcliffe Road, Chorley

North West

£189,995
Listed on 09/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1040 sqft

Description

This two-bedroom bungalow is situated within a spacious plot close to the heart of Chorley, presenting a unique opportunity for renovation and investment. The property’s proximity to the town center ensures convenient access to a variety of local amenities, including shops, cafés, and health services, making it an appealing option for both residents and renters. Additionally, Chorley Train Station offers direct connections to Preston and Manchester, while the M61 and M6 motorways are easily reachable for those commuting further afield. Upon entering the bungalow, you are welcomed by a generous entrance hall that highlights the property's ample space. To one side, you will find two well-proportioned bedrooms; the master bedroom is particularly spacious and filled with natural light. A nearby bathroom features built-in storage solutions that can be enhanced with modernization efforts. The lounge serves as a bright gathering space with its traditional gas fireplace providing warmth and character. Adjacent to this area is a kitchen diner that overlooks the rear garden, offering a pleasant view while cooking or entertaining. This layout provides potential for an open-concept remodel if desired. Outside, the property boasts well-maintained gardens at both the front and side. The side garden holds significant promise for future development such as converting it into a driveway, pending any necessary permissions. The rear garden offers a peaceful retreat with established trees and shrubs that create a low-maintenance outdoor environment. Additionally, there is an attached garage that can serve as excellent storage or workshop space. Overall, this bungalow represents an excellent canvas for those looking to invest in property with significant potential for enhancement in a highly desirable location near Chorley town center. Whether you're aiming to downsize or seeking an opportunity that allows for personal customization, this home offers versatility and charm in equal measure.

Investment Analysis

(PR7 area)

Below Market Value

This property is priced -18.4% below area average per sq ft

-18.4%
Potential saving
This Property
£183/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£256,142
10% above area average per sq ft
Potential ROI
+11.4%
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

Rawcliffe 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
£696
Based on a loan of £142,496 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