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Alma Drive, Charnock Richard, Chorley, Lancashire, PR7 - Image 1
Alma Drive, Charnock Richard, Chorley, Lancashire, PR7 - Image 2
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Alma Drive, Charnock Richard, Chorley, Lancashire, PR7 - Image 4
Alma Drive, Charnock Richard, Chorley, Lancashire, PR7 - Image 5
Alma Drive, Charnock Richard, Chorley, Lancashire, PR7 - Image 6
Alma Drive, Charnock Richard, Chorley, Lancashire, PR7 - Image 7
Alma Drive, Charnock Richard, Chorley, Lancashire, PR7 - Image 8
Alma Drive, Charnock Richard, Chorley, Lancashire, PR7 - Image 9
Alma Drive, Charnock Richard, Chorley, Lancashire, PR7 - Image 10
Alma Drive, Charnock Richard, Chorley, Lancashire, PR7 - Image 11

Alma Drive, Charnock Richard, Chorley, Lancashire, PR7

North West

£170,000
Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
605 sqft

Description

This semi-detached bungalow, situated in a sought-after village setting, presents an excellent opportunity for renovation. Currently configured with one bedroom, the property was originally designed as a two-bedroom home, allowing for straightforward conversion back to its original layout. The bungalow features a welcoming entrance hallway leading to a spacious lounge complete with a log burner, a dining area that could easily serve as a second bedroom, and a fitted kitchen with access to the garden. A double bedroom and a three-piece bathroom complete the internal accommodation. Outside, both front and rear gardens offer potential landscaping opportunities, while off-road parking is provided via a side driveway leading to a single garage. The location is peaceful yet conveniently positioned for easy access to local amenities and transport links to neighboring towns such as Chorley. This property requires full modernization, making it an ideal project for investors or those looking to create their dream home in an attractive environment.

Investment Analysis

(PR7 area)

Above Market Value

This property is priced +20.7% above area average per sq ft

+20.7%
This Property
£281/sq ft
Area Average
£233/sq ft
Avg Rent (weekly)
£205
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£154,895
10% above area average per sq ft
Potential ROI
-29.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
75
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (PR7)

Area prices are rising by +5.4% over the last 12 months
3 year growth: +12.1%
5 year growth: +16.2%
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

Alma Drive, Charnock Richard, Chorley, Lancashire, PR7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£607
Based on a loan of £127,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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