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Park Avenue, Chatburn, Clitheroe BB7

West Midlands

£330,000
Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This semi-detached property offers a compelling opportunity for those looking to invest in a home with significant renovation potential. Located in the desirable village of Chatburn, the property sits on an expansive L-shaped plot that includes a detached garage and additional outbuildings, all of which provide ample space for future improvements or extensions, subject to obtaining the necessary planning permissions. The living space currently encompasses an entrance hallway, a study, and a ground floor bathroom equipped with a modern four-piece suite. The heart of the home is a spacious open-plan living and dining area characterized by three aspects of light and featuring a charming "Living Flame" gas fire set in a cut stone surround. Adjacent to this area is a good-sized fitted kitchen, designed with functionality in mind and offering various built-in appliances alongside ample storage. On the first floor, you will find two well-proportioned bedrooms complemented by a washroom that features essential built-in storage. The layout affords opportunities to reconfigure the space to suit personal needs or preferences. Outside, the property boasts an inviting front garden bordered by hedges and flowerbeds, along with off-road parking available for several vehicles. A side driveway leads to an extensive rear garden that is primarily laid to lawn, enhanced by mature shrubs and trees. This outdoor space not only provides privacy but also presents considerable potential for landscaping or development projects. The property benefits from gas central heating and double-glazed windows throughout, ensuring warmth and energy efficiency. With mains water, electricity, gas, and drainage services connected, it is ready for both immediate occupancy and future enhancements. This home offers not just comfortable living but also an exciting opportunity for creative transformation in an appealing location.

Investment Analysis

(BB7 area)
Area Average
£273/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.2%

Renovation Potential

Est. Renovation Cost
£33,000 - £82,500
10-25% of property value
Monthly Sales
33
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (BB7)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 5.8%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on BB7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Park Avenue, Chatburn, Clitheroe BB7
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