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Washington Lane, Euxton, PR7

North West

£399,995

Listed on 11/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1135 sqft

Description

This mid-terrace stone cottage on Washington Lane in Chorley presents an intriguing investment opportunity, combining traditional character with substantial renovation potential. Spanning approximately 1,135 sq ft, the property’s layout is thoughtfully designed, offering ample living space that could be enhanced further. The inviting ground floor features a charming lounge with exposed beams and a cozy fireplace flowing into a dining area perfect for gatherings. The kitchen, featuring cottage-style cabinetry, serves as both functional and appealing. Enhancing the living space is a sizeable conservatory at the rear, drenched in light and providing lovely views of the garden—ideal for transformation into a versatile garden room or additional sitting area. The upper level hosts two generous bedrooms, including a spacious principal bedroom with built-in storage, complemented by a family bathroom equipped with both bath and shower facilities. Outside, the property boasts a private rear garden and off-road parking opposite. Notably, there is an extra parcel of land available across from the cottage which holds significant potential for further landscaping or development (subject to planning permissions). Located in a tranquil semi-rural area yet close to all local amenities and transport links in Chorley, this property invites those looking to create their perfect home while benefiting from its strong investment appeal.

Investment Analysis

(PR7 area)

Above Market Value

This property is priced +50.9% above area average per sq ft

+50.9%
This Property
£352/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£209
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£291,650
10% above area average per sq ft
Potential ROI
-33.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
73
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (PR7)

Area prices are rising by +4.5% over the last 12 months
3 year growth: +12.8%
5 year growth: +17.1%
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

Washington Lane, Euxton, PR7
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,511
Based on a loan of £299,996 over 30 years at 4.45% 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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