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Eaves Lane, Chorley PR6

North West

£99,995
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Flat
Area
1096 sqft

Description

This spacious three-bedroom property offers a wealth of potential for both investors and renovators alike. With its flexible layout, there's an opportunity to transform the home into a five-bedroom House in Multiple Occupation (HMO) or even to create two separate self-contained flats, catering to diverse rental markets. Located just a short walk from Chorley town center, residents will enjoy easy access to a variety of shops, restaurants, and bars. Inside, the property requires comprehensive modernization, providing the chance to tailor finishes and layouts according to contemporary tastes. The ground floor welcomes you through an entrance vestibule leading up to a sizable lounge/dining area and an adjacent kitchen with existing built-in storage. An inner hallway connects three generous bedrooms and a full three-piece bathroom. Further benefits include gas central heating and double glazing throughout. This property stands as an excellent investment opportunity for those looking to expand their rental portfolio in a thriving location.

Investment Analysis

(PR6 area)

Below Market Value

This property is priced -61.0% below area average per sq ft

-61.0%
Potential saving
This Property
£91/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£215
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £45,000
Target Value
£282,352
10% above area average per sq ft
Potential ROI
+94.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PR6)

Area prices are falling by -3.7% over the last 12 months
3 year growth: +0.3%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on PR6 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

Eaves Lane, Chorley PR6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£357
Based on a loan of £74,996 over 30 years at 3.97% 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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