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Blackburn Road, Chorley

North West

£209,995
Listed on 28/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
877 sqft

Description

This detached bungalow offers an exceptional investment opportunity in Chorley, situated just a short five-minute drive from the town centre. The property is conveniently located near local amenities such as shops, schools, and cafés, with excellent transport links including Chorley train station and easy access to the M6 and M61 motorways, connecting you effortlessly to Preston, Bolton, and Manchester. With planning permission already in place for a conversion to a four-bedroom home, this property presents considerable potential for expansion. Upon entering through the porch, you'll find a welcoming central hallway that leads to a sizable lounge featuring a vintage Parkray fireplace and an expansive bay window that fills the room with natural light. The lounge flows into the kitchen/diner at the rear of the house, which is equipped with fitted units and provides access to a three-piece family bathroom as well as a bright conservatory with double patio doors that open onto the rear garden. The bungalow comprises two well-sized double bedrooms equipped with built-in storage solutions. The additional practicality of a partially boarded loft with a pull-down ladder enhances storage options. Externally, the property boasts stunning elevated views from its front garden which includes approximately 25 meters of tiered outdoor space leading up to the main entrance. There’s also off-road parking available via a detached garage. To the rear lies another spacious garden of around 16 meters mainly laid to lawn featuring a flagged patio area and an appealing summerhouse. Moreover, an attached work shed adds versatility for hobbies or additional storage needs, With granted planning permission for two front dormers along with alterations to the front elevation, this property is poised for those looking to enhance their living space—perfect for growing families or investors focused on renovation potential. Early viewing is recommended to grasp fully what this home can become.

Investment Analysis

(PR6 area)

Above Market Value

This property is priced +5.6% above area average per sq ft

+5.6%
This Property
£239/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £58,000
Target Value
£218,794
10% above area average per sq ft
Potential ROI
-18.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Blackburn 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
£769
Based on a loan of £157,496 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