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Devonshire Road, Chorley, PR7 - Image 1
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Devonshire Road, Chorley, PR7

North West

£319,995

Listed on 02/09/2026

The listing

Property details

Bedrooms
4
Type
Terraced
Area
1905 sqft

Description

This substantial former two-property building is now configured as commercial premises, situated prominently on a corner within a well-established residential area near Chorley town centre. It presents a unique opportunity for conversion into a spacious character home, flats, or an HMO. The current layout spans both ground and upper levels, complemented by a useful basement and enclosed external patio areas. The existing configuration includes a broad, light front-facing commercial area with large windows and separate access points, ideal for reception or office use. Additional rooms and circulation space provide flexibility for various purposes. The upper floors feature adaptable rooms currently utilized as offices, benefiting from generous natural light, which could easily be reimagined for residential use. A fitted kitchenette is already in place, along with bathroom facilities that reflect the building’s previous commercial use. The property’s history as two separate properties, combined with its layout, offers clear potential for conversion back into two homes or apartments, subject to necessary planning permissions. Externally, the building showcases a distinctive red-brick façade with large windows and multiple access points. To the rear, an enclosed paved patio area provides useful amenity space, suitable for either commercial or residential purposes. Located close to Chorley town centre, the property is well-positioned for access to local amenities, independent shops, cafés, and public transport links. Viewing is essential to appreciate the scale and potential of this versatile property, whether for investment or conversion into residential units.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

60out of 100
Grade CPotential opportunity

Confidence: LOW

This substantial former two-property building presents an intriguing opportunity for conversion into a spacious character home, flats, or an HMO. With a guide price of £319,995, which is £168/sqf compared to the local average of £232/sqf, this property is attractively priced and sits 27.7% below the local £/sqf. This is a great chance for savvy buyers to acquire a property with potential for significant value enhancement through a well-planned renovation.

The layout of the property offers flexibility, with multiple rooms across ground and upper levels, as well as a useful basement. This configuration not only supports various commercial uses but also lends itself well to residential redesign. The current dated interiors can be transformed into modern living spaces, taking advantage of the natural light and generous window placements. The corner location enhances its visibility and desirability, making it a promising investment for those looking to capitalize on the local housing market. While the building does require significant refurbishment, the potential for conversion back into two homes or apartments is clearly evident, subject to the necessary planning permissions and building regulations.

Key opportunities

  • Flexible layout suitable for conversion into residential units or apartments
  • Attractively priced at £168/sqf, well below the local average
  • Prominent corner location enhances property visibility and potential appeal

Key risks

None recorded.

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Location

Devonshire Road, Chorley, PR7
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,209
Based on a loan of £239,996 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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