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Broad Meadow, Chipping PR3

North West

£399,950
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1249 sqft

Description

Nestled in the charming village of Chipping, this three-bedroom detached bungalow is a promising prospect for those looking to invest in a property with significant renovation potential. Boasting a flexible layout, it features two spacious reception areas perfect for both leisure and entertaining. The addition of a bright conservatory offers an extra space that invites natural light and allows for year-round enjoyment of the serene outdoor views. While the modern shower room suits the needs of today's living, the kitchen and overall interiors require updates, making this home a blank canvas for creative buyers eager to customize their ideal living environment. Additional highlights include a large garage and generous off-road parking suitable for multiple vehicles or storage needs. Surrounded by picturesque countryside vistas, this property combines peaceful rural charm with convenient access to local amenities. With its ample space and scope for enhancement, this bungalow stands as an exceptional opportunity to develop a unique residence in one of the region's most sought-after locales.

Investment Analysis

(PR3 area)

Above Market Value

This property is priced +24.5% above area average per sq ft

+24.5%
This Property
£320/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£353,436
10% above area average per sq ft
Potential ROI
-19.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PR3)

Area prices are falling by -7.1% over the last 12 months
3 year growth: -5.9%
5 year growth: +4.8%
Investment Disclaimer: Analysis based on PR3 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

Broad Meadow, Chipping PR3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £299,962 over 30 years at 3.91% 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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