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Neargates, Charnock Richard, Chorley

North West

£239,950
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
995 sqft

Description

This three-bedroom semi-detached property is nestled in a quiet cul-de-sac within the desirable village of Charnock Richard, known for its semi-rural charm. The home showcases a classic layout with well-defined living spaces that offer a solid foundation for renovation or investment opportunities. Upon entering, you are greeted by an entrance hall that leads into a spacious lounge featuring a contemporary hole-in-wall marble fireplace, providing a cozy focal point. Adjacent to the lounge is a separate dining room that offers potential for transformation into an open-plan space, enhancing the flow between areas. The kitchen is equipped with functional wall and base units, along with essential appliances, yet it presents an opportunity for updates to create a modern culinary haven. The ground floor includes one bedroom and a bathroom fitted with essential amenities, while two additional bedrooms can be found on the first floor. The property benefits from gas central heating and uPVC double glazing throughout, ensuring year-round comfort. Outdoor spaces include low-maintenance gardens at both the front and rear of the property. The front features a block-paved driveway and artificial grass, offering ample parking options. Meanwhile, the rear provides an inviting paved patio area suitable for gatherings or relaxation. Importantly, there’s significant scope to expand this property further—plans could include adding another bedroom and bathroom (subject to planning consent). With its versatile layout and potential for enhancement, this home presents an excellent investment opportunity in a sought-after location.

Investment Analysis

(PR7 area)

Above Market Value

This property is priced +7.0% above area average per sq ft

+7.0%
This Property
£241/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£191
Avg Yield
3.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£246,755
10% above area average per sq ft
Potential ROI
-6.9%
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
21%
Properties sold annually

Local Market Trend (PR7)

Area prices are rising by +13.1% over the last 12 months
3 year growth: 14.4%
5 year growth: 24.8%
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.

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Location

Neargates, Charnock Richard, Chorley
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