3-bedroom terraced house · PR7 1JB
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious end terrace property within easy walking distance of all town centre amenities, offering an impressive 1,300 square feet of accommodation.
In need of modernisation, this family home is brimming with potential and provides an exciting opportunity for those looking to create a home to their own taste.
Step into the vestibule and from there to the hallway, leading to the comfortable living room with open fire, providing a cosy retreat during the colder months.
To the rear, reception two makes an excellent dining room and opens directly onto the kitchen.
Steps lead down to the functional cellar, providing valuable additional storage and offering potential for conversion into a cinema room, subject to the necessary requirements.
Step outside into the enclosed courtyard garden, which benefits from ginnel access to the street and three useful outbuildings.
These offer excellent potential for conversion into garden rooms, home offices, workshops or additional entertaining space, subject to any necessary consents.
Back inside, stairs rise to the first-floor landing, giving access to two comfortable double bedrooms and a well-proportioned single bedroom.
Completing the accommodation, the bathroom comprises electric shower in a walk-in cubicle, wc and wash hand basin set on a vanity unit.
Offering generous accommodation, excellent town centre convenience and considerable potential for modernisation and further improvement, this spacious end terrace is an exciting opportunity for buyers looking for a property they can transform into their ideal home.
Council Tax Band B| EPC D | Freehold Do give us a call to arrange a viewing and make this property yours. EPC Rating: D Parking - Permit
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.
Area
Agent & docs
FAQ
About 2 Springfield Road, Chorley
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