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Stratford Road, Chorley PR6 - Image 1
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Stratford Road, Chorley PR6

North West

£114,995
Listed on 19/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
1044 sqft

Description

Presenting a two-bedroom mid-terrace property located in Chorley, this home offers a prime opportunity for those looking to invest in a project that requires complete modernization. With spacious rooms and impressive ceiling heights throughout, the traditional layout provides ample scope for renovation to enhance its value. Conveniently situated near Chorley town centre, residents can easily access a variety of shops, supermarkets, and essential services. The neighborhood boasts reputable schools, reliable bus routes, and proximity to a train station with direct connections to Preston and Manchester, along with quick access to the M61 motorway.<br><br>Upon entering through a quaint porch, you are greeted by a hallway that leads to the front reception room and staircase. The ground floor comprises two large lounge areas featuring tall ceilings that create an airy atmosphere; the front room includes an attractive bay window while the second lounge has practical understairs storage. At the rear lies a kitchen diner needing extensive refurbishment but offering good dimensions for creative redesigns.<br><br>The first floor contains two sizable double bedrooms, including one particularly generous master. A family bathroom is also present on this level; behind it is an additional small room with potential for conversion or use as storage space—subject to necessary permissions.<br><br>Externally, street parking is available at the front while the back features a manageable enclosed yard. Overall, this property stands as an attractive project for buyers ready to engage in substantial renovation work.

Investment Analysis

(PR6 area)

Below Market Value

This property is priced -51.8% below area average per sq ft

-51.8%
Potential saving
This Property
£110/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£226
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£262,467
10% above area average per sq ft
Potential ROI
+50.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
101%
Properties sold annually

Local Market Trend (PR6)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +2.9%
5 year growth: +18.5%
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

Stratford Road, Chorley PR6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£415
Based on a loan of £86,246 over 30 years at 4.06% 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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