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Eaves Lane, Chorley, PR6

North West

£145,000
Listed on 03/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1337 sqft

Description

This charming stone-built terraced home represents a noteworthy opportunity for investors and buyers interested in a renovation project. Nestled in a well-established residential area of Chorley, this property features ample space across two floors and includes the added benefit of cellar storage as well as an enclosed rear courtyard. The traditional architecture is complemented by period details such as a character fireplace, setting the stage for sympathetic modernization. On the ground floor, you'll find a front-facing lounge that transitions into a separate dining area, which serves as the heart of the home. Adjacent to this is the kitchen—offering plenty of potential for redesign to match modern living needs. The cellar provides additional storage or could be transformed for varied uses, contingent on any necessary works. The first floor accommodates three generously sized bedrooms surrounding a central landing, along with a family bathroom that presents opportunities for updating. This configuration allows flexibility to meet diverse buyer preferences—from families looking to make it their own to investors aiming to increase property value. Outdoors, the private rear courtyard garden presents manageable space ripe for landscaping or enhancements. Conveniently located close to Chorley town centre, residents have easy access to local amenities, schools, and excellent transport links including motorway connections and rail services, making this area desirable for both commuters and families. With its significant refurbishment potential and prime location in Lancashire, this property offers an exciting canvas for those looking to invest.

Investment Analysis

(PR6 area)

Below Market Value

This property is priced -53.0% below area average per sq ft

-53.0%
Potential saving
This Property
£108/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£227
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£339,364
10% above area average per sq ft
Potential ROI
+83.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
102%
Properties sold annually

Local Market Trend (PR6)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +3.9%
5 year growth: +18.1%
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

Eaves Lane, Chorley, PR6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£523
Based on a loan of £108,750 over 30 years at 4.06% 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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