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Millfield Road, Chorley

North West

£265,000

Listed on 15/07/2026

Property details

Bedrooms
3
Type
House

Description

This detached residence in Chorley presents an exceptional opportunity for those looking to invest in a property with significant renovation potential. Situated on an expansive corner plot within a well-established neighborhood, the home is conveniently located near Chorley town center and offers easy access to transport links, parks, scenic countryside walks, and reputable schools. The entrance hall introduces a spacious layout, leading to a bright family room adorned with a traditional bay window. The layout continues into a second lounge featuring another bay window and a cozy fireplace, seamlessly flowing into the dining area which benefits from under stair storage and includes a practical ground floor shower room. The rear kitchen extension provides ample space ripe for modernisation or reconfiguration based on the new owner's preferences. On the upper floor, three generously-sized double bedrooms offer flexible living arrangements suitable for families or individuals working from home. The master bedroom features built-in wardrobes, while the additional rooms present excellent scope for enhancement. The property's corner plot not only enhances its curb appeal but also includes mature shrubs framing modest pathways leading to the gated front garden. With two separate driveways ensuring off-street parking—one leading to the garage—this property caters well to convenience. The enclosed rear yard adds an additional outdoor area that's low maintenance but offers potential for personalization. In summary, this home is a promising candidate for anyone eager to invest time and effort into creating their ideal living space in a desirable Chorley location that boasts excellent local amenities and transport options.

Investment analysis

(PR7 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PR7)

Area prices are rising by +4.2% over the last 12 months
3 year growth: +12.5%
5 year growth: +15.7%
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

Millfield Road, Chorley
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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
£1,001
Based on a loan of £198,750 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

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