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Broad Meadow, Chipping, PR3

North West

£399,950
Listed on 11/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1249 sqft

Description

Nestled in the charming village of Chipping, this three-bedroom detached bungalow offers a remarkable opportunity for renovation enthusiasts or investors looking to maximize property potential. The home features a flexible design with two spacious reception areas, ideal for creating inviting spaces for both leisure and entertaining. A bright conservatory enhances the living space, providing a delightful spot to enjoy the peaceful vistas year-round. While the modern shower room is ready for use, the kitchen and overall interiors are ripe for modernization, presenting a blank canvas that invites creativity and personal touch. With a sizable garage and generous off-road parking available, this property is well-equipped for practicality and convenience. The expansive rear garden, adjacent to open fields, further amplifies its appeal by providing serene countryside views that contribute to the tranquil lifestyle on offer. Although situated in a quaint setting, local amenities are easily accessible, blending rural charm with modern living needs. The combination of spacious dimensions and significant scope for enhancement marks this bungalow as an excellent investment opportunity in one of the region’s sought-after areas.

Investment Analysis

(PR3 area)

Above Market Value

This property is priced +24.5% above area average per sq ft

+24.5%
This Property
£320/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£353,436
10% above area average per sq ft
Potential ROI
-19.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PR3)

Area prices are falling by -7.1% over the last 12 months
3 year growth: -5.9%
5 year growth: +4.8%
Investment Disclaimer: Analysis based on PR3 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

Broad Meadow, Chipping, PR3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £299,962 over 30 years at 3.91% 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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