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Highland Drive, Buckshaw Village, Chorley, Lancashire PR7 - Image 1
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Highland Drive, Buckshaw Village, Chorley, Lancashire PR7

North West

£78,000

Listed on 29/06/2026

Property details

Bedrooms
2
Type
Detached house
Area
677 sqft

Description

This ground floor two-bedroom apartment in Buckshaw Village presents a substantial opportunity for investors and cash buyers. The property is being sold as seen and chain-free, making it attractive for those looking to renovate. Upon entry through the communal entrance, you will find a spacious lounge featuring dual aspect windows, alongside a kitchen area. Both bedrooms are adequately sized with natural light flooding in from UPVC double-glazed windows. Please note that the kitchen and bathroom fittings have been removed, and much of the internal wall boarding is missing, indicating a need for comprehensive refurbishment. An allocated parking space adds further value to this investment. The lease has a remaining term of 103 years with an annual ground rent of £75, reviewed every decade based on an RPI index. All services and appliances have not been tested; therefore, due diligence is advised before proceeding.

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Investment analysis

(PR7 area)

Below Market Value

This property is priced -50.4% below area average per sq ft

-50.4%
Potential saving
This Property
£115/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£173,031
10% above area average per sq ft
Potential ROI
+46.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
64
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PR7)

Area prices are rising by +4.2% over the last 12 months
3 year growth: +12.5%
5 year growth: +15.7%
Investment Disclaimer: Analysis based on PR7 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

Highland Drive, Buckshaw Village, Chorley, Lancashire PR7
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£295
Based on a loan of £58,500 over 30 years at 4.45% 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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