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Chorley Road, Withnell, Chorley, Lancashire

North West

£1,200,000

Listed on 21/05/2026

Property Details

Bedrooms
4
Type
Plot

Description

This property presents a significant development opportunity in a desirable location. The former farmhouse is accompanied by a traditional brick barn that has received planning permission for conversion into two residential units. Additionally, there are approvals for the construction of either a larger single home or two smaller dwellings on the site, which spans approximately 0.66 acres. Nestled in the charming hamlet of Withnell Fold, this plot offers a blend of semi-rural tranquility while remaining easily accessible to Chorley and Blackburn, along with motorway links. The surrounding area boasts numerous public footpaths ideal for country walks among fields and canal paths. Currently, the farmhouse features versatile living spaces including a sitting room, lounge, kitchen with pantry, and a rear boot room on the ground floor, along with four bedrooms and a family bathroom upstairs. The property includes outdoor lawned gardens at the rear and front parking facilities. The attached barn's conversion already has permissions in place to transform it into two distinct residential homes, making this an attractive investment proposition. Furthermore, it is important to note that proper access arrangements will need to be established as part of any offer submission.

Investment Analysis

(PR6 area)
Area Average
£234/sq ft
Avg Rent (weekly)
£215
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£120,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PR6)

Area prices are falling by -3.7% over the last 12 months
3 year growth: +0.3%
5 year growth: +12.0%
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

Chorley Road, Withnell, Chorley, Lancashire
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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
£4,281
Based on a loan of £900,000 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

This calculation uses non-residential (land/commercial) tax rates.

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