1-bedroom flat · PR7 1QU
To rentListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Darren Wynn Residential and Commercial have the pleasure of offering to rent this one bedroom basement flat on Park Road, Chorley.
Boasting a lovely open plan layout throughout the property, as you enter the property you are greeted by a large open plan modern fitted kitchen leading onto a good size lounge.
As you move further into the property you are greeted by a generous sized master bedroom with integrated floor to ceiling wardrobes and large three-piece en-suite.
Situated close to local amenities and within walking distance of Chorley town centre this property is superb and really is not one to be missed.
Potential applicants must be earning over £19,500 per annum..Guarantor maybe required.
EPC rating C Council tax band A Reception Room 3.94m (12'11") x 3.53m (11'7") One ceiling light point, three wall mounted light points, one wall mounted radiator, boiler situated here, one fire alarm, access into the property situated here.
Kitchen 3.45m (11'4") x 1.63m (5'4") A range of wall mounted and floor mounted wooden fronted cupboards, 1.5 steel sink unit with chrome mixer tap and tiled splash back, integrated oven with four ring induction hob, integrated extractor fan, washing machine and fridge provided, two ceiling light points.
Bedroom 3.94m (12'11") x 3.43m (11'3") One ceiling light point, one wall mounted radiator, one front facing UPVC double glazed window, TV point, floor to ceiling wardrobe unit.
Bathroom 3.66m (12'0") x 1.47m (4'10") Three-piece family bathroom suite compromising of low level flush WC, sink with under pedestal, bath with integrated shower unit, two ceiling light points, one wall mounted radiator, one side facing frosted window.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Park Road, Chorley
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