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Lancaster Street, Coppull, Chorley

North West

£115,000
Listed on 05/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
681 sqft

Description

This two-bedroom garden-fronted terraced house presents a noteworthy opportunity for renovation and investment. Located in proximity to Coppull village center, the property enjoys convenient access to a range of local amenities, making it an attractive option for both first-time buyers and investors alike. The house features a traditional layout that includes an entrance hall leading into a spacious lounge area adorned with a tiled fireplace, which could be revitalized as a focal point. The dining kitchen is generously sized, offering ample space for potential upgrades; it currently includes fitted wall and base units, along with utility connections for gas and electric appliances. On the upper floor, both bedrooms provide decent proportions and natural light through their uPVC double glazed windows. The master bedroom features built-in storage, while the second bedroom includes loft access, highlighting the possibility of creating additional living space. The bathroom contains essential fixtures that could benefit from modern updates to enhance comfort and functionality. Externally, there is a well-maintained lawned area at the front of the property complemented by gated access. The rear yard is paved and offers privacy through fencing, plus it includes a garden shed for additional storage. Given its need for some updating—reflecting in its pricing—this property holds significant potential for those looking to invest in enhancements that can increase value over time. With no upward chain involved, interested buyers can move forward without delay. This property is classified under Council Tax Band A.

Investment Analysis

(PR7 area)

Below Market Value

This property is priced -24.6% below area average per sq ft

-24.6%
Potential saving
This Property
£169/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£167,723
10% above area average per sq ft
Potential ROI
+19.8%
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

Lancaster Street, Coppull, 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
£421
Based on a loan of £86,250 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