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Devonshire Road, Chorley

North West

£99,995
Listed on 15/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
870 sqft

Description

This three-bedroom mid-terrace home offers a promising opportunity for those looking to invest or renovate in Chorley, Lancashire. Nestled in a well-connected area, the property stands within walking distance of the vibrant town center, providing easy access to a variety of local amenities such as shops, supermarkets, restaurants, and reputable schools. Its strategic location also benefits from excellent transport links, including rail services to Preston and Manchester, along with convenient bus routes to surrounding areas. For commuters, the proximity to the M6 and M61 motorways enhances accessibility. Inside, the property welcomes you with a small entrance porch that leads into a bright front lounge accentuated by a large bay window that fills the space with natural light. The layout flows seamlessly into a spacious dining room through double doors, creating an ideal setting for gatherings or family meals. The rear of the property features a modern kitchen fitted with contemporary cabinetry and work surfaces that offer practicality for daily use. A door from the kitchen opens up to the rear yard, providing ease of access for outdoor dining or potential storage needs. Notably, a stair lift is installed, improving accessibility throughout the home. On the first floor, you'll find three generously sized bedrooms. The master and second bedroom both provide ample space for comfortable living arrangements, while the third bedroom is versatile enough to serve as a single room or office space. Completing this level is a functional three-piece family shower room that presents an opportunity for updates based on personal preferences. Externally, there is on-street parking available at the front of the property. The private walled yard at the rear includes a seating area that could become an inviting outdoor retreat with some landscaping and care. Although this space requires attention to reach its full potential, it represents a blank canvas for future owners wishing to customize their environment. In summary, this mid-terrace home not only boasts an excellent location within Chorley but also possesses significant renovation potential. It’s an ideal proposition for investors or those looking to create their perfect family abode while enjoying all that the local area has to offer.

Investment Analysis

(PR7 area)

Below Market Value

This property is priced -48.7% below area average per sq ft

-48.7%
Potential saving
This Property
£115/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£214,272
10% above area average per sq ft
Potential ROI
+64.8%
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

Devonshire 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
£366
Based on a loan of £74,996 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