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Cherry Grove, Abbey Village PR6

North West

£429,950
Listed on 14/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1173 sqft

Description

Nestled within a tranquil cul-de-sac in Abbey Village, this detached bungalow occupies an enviable quarter-acre plot, presenting a seldom-found opportunity for imaginative buyers. The property is enveloped by ample space, offering an environment for those looking to create their ideal home in one of Lancashire's most sought-after rural settings. With options to modernise the existing layout or consider extensions (subject to planning permission), this residence is perfect for renovators and investors alike. The practical interior consists of a large kitchen/diner and a comfortable lounge that can be reconfigured to meet contemporary tastes. Three spacious double bedrooms, including one with fitted wardrobes and an ensuite, ensure flexibility for families or those needing dedicated work-from-home areas. The expansive garden surrounds the property, allowing for various landscaping and design possibilities such as outdoor entertaining spaces or additional structures. This site stands out not only for its size but also for the potential it offers amidst the natural beauty of the surrounding countryside while maintaining easy access to local amenities and transport routes. For those seeking a long-term investment that can adapt over time, this property serves as a blank canvas ready for transformation.

Investment Analysis

(PR6 area)

Above Market Value

This property is priced +61.6% above area average per sq ft

+61.6%
This Property
£367/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£200
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£292,640
10% above area average per sq ft
Potential ROI
-39.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (PR6)

Area prices are falling by +3.5% over the last 12 months
3 year growth: 5.1%
5 year growth: 18.8%
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

Cherry Grove, Abbey Village PR6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,575
Based on a loan of £322,462 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE