We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · PR7 5SR
Listing removedListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a generous plot with a large driveway providing ample off-road parking, this deceptively spacious dormer bungalow offers flexible accommodation, ideal for a range of buyers.
Set back from the road behind a well-maintained front garden, the property enjoys excellent kerb appeal and a welcoming first impression.
Accessed via the side entrance, you are welcomed into an exceptionally spacious hallway which currently accommodates both a home office area and piano space, creating a versatile central hub that connects the entire home.
The living room is bright and inviting, featuring a bay window that floods the room with natural light and an electric fire creating a cosy focal point.
The kitchen is well-equipped with a range of wall and base units, integrated fridge freezer, dishwasher, electric hob and double oven with grill, offering plenty of storage and workspace.
Beyond the kitchen, the delightful sun room provides an additional reception area and a wonderful spot to relax whilst overlooking the garden.
Also located on the ground floor is a generous double bedroom with views over the driveway and a beautifully appointed family bathroom comprising a large bath, walk-in shower with rainfall head, vanity hand basin and WC.
To the first floor, the impressive principal bedroom benefits from a full run of fitted wardrobes and enjoys views over the rear garden, with ample space for a dressing area or reading corner.
A further double bedroom also offers fitted wardrobes, whilst a separate WC, useful airing cupboard and loft access complete the accommodation.
Externally, the former garage has been thoughtfully converted to create a substantial utility room and separate craft room, making it ideal for those working from home, pursuing hobbies or requiring workshop space.
To the rear, the south-facing garden has been designed for low maintenance with attractive flagged patios, providing the perfect setting for outdoor dining and enjoying the sunshine throughout the day.
Do give us a call to book your viewing and make this property yours. Council tax C, EPC to follow, Freehold. Parking - Driveway
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 46 Richmond Road, Chorley
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