2-bedroom bungalow · PR7 5RF
Sold STCListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FANTASTIC OPPORTUNITY – PURCHASE AT 80% OF MARKET VALUE Set at the end of a peaceful cul-de-sac, this beautifully presented and thoughtfully extended true bungalow offers more than 700 sq ft of spacious, well-planned accommodation.
Featuring two double bedrooms, generous off-road parking and a private, west-facing garden, the property is ideally positioned close to village amenities, countryside walks and excellent transport links.
Offered through the Chorley Low Cost Home Ownership Scheme, eligible buyers can purchase the property at 80% of its market value while owning 100% of the home. This is not a shared ownership property.
The accommodation begins with an entrance vestibule leading into a stylish fitted kitchen.
This features a range of wall and base units, a ceramic sink and drainer, an integrated fridge and freezer, electric hob, oven and grill, together with space and plumbing for additional appliances.
Positioned at the front is the second double bedroom, with attractive oak flooring that continues through much of the bungalow.
An inner hallway provides access to the fully boarded loft, complete with a ladder and lighting, which also houses the boiler.
The main double bedroom benefits from fitted storage, while the modern bathroom features fully tiled walls, a vanity wash basin, WC and a walk-in rainfall shower.
The real heart of the home is the impressive extended reception room. Filled with natural light, it provides distinct living and dining areas, with French doors opening directly onto the rear garden.
Outside, the private west-facing garden has been thoughtfully designed for easy maintenance, entertaining and relaxation.
Composite decking with subtle evening lighting creates a wonderful space to enjoy the afternoon and evening sunshine. Driveways to the front and side provide off-road parking for several vehicles.
Please note that the green garden shed is not included in the sale. Eligibility requirements To be considered for the Chorley Low Cost Home Ownership Scheme, applicants must: 1.
Be able to afford the property at the discounted price but be unable to purchase it at its full market value. 2.
Have a qualifying connection to the Borough of Chorley—for example, by living, working or having close family within the borough. 3. Purchase the property as their main home.
Applicants must not own another property, other than a current home that is in the process of being sold. The property cannot be purchased as an investment or rented out.
All applications are subject to the relevant financial assessment and approval by Chorley Council.
If you meet the eligibility criteria, contact Scholes Estates to arrange your viewing and discover everything this wonderful bungalow has to offer. Council Tax Band B | EPC Rating C | Freehold
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About Beechfields, Eccleston, Chorley, Lancashire
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