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Mill Lane, Wrea Green

North West

£425,000

Listed on 03/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow

Description

'Mill Cottage' presents a unique opportunity for renovation enthusiasts and investors alike. This spacious detached bungalow is nestled within the charming Wrea Green Village, known for its picturesque surroundings including a cricket square and duck pond. The property features generous front and rear gardens, providing ample outdoor space that could be transformed into beautiful landscaped areas. The interior boasts a sizeable ground floor complemented by a large converted loft room, which opens the door to various potential uses based on the buyer's vision. While the property offers comfortable accommodation currently, there are opportunities for modernisation and enhancement throughout, especially in creating a contemporary living space tailored to your needs. Viewing is essential to fully appreciate the investment potential this home holds, and it is offered with no onward chain.

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Investment analysis

(PR4 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£280
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
12%
Properties sold annually

Local Market Trend (PR4)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -0.4%
5 year growth: +7.4%
Investment Disclaimer: Analysis based on PR4 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

Mill Lane, Wrea Green
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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
£1,606
Based on a loan of £318,750 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.

Stamp duty calculator

Next Steps

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