2-bedroom house · PR7 4LS
Listing removedListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming end mews property in a popular residential area with two double bedrooms available with no upward chain on the Chorley Borough Council Low Cost Home Ownership Scheme.
Stroll from your allocated parking space to the main entrance and step into the vestibule and from there to the entrance hallway.
The living room has gas fire in hearth and an internal hallway has access to the cloakroom comprising wash hand basin and wc.
To the rear, the dining kitchen comprises a range of wall and base units with gas hob, electric oven and grill, refrigerator, freezer and space, power and plumbing for additional appliances.
Leading off is the conservatory with patio doors overlooking the garden.
Step outside onto the Indian stone sun terrace which leads down to the lazy lawn and handy storage shed and there is gated access to the side.
Back inside, stairs lead to the first floor landing with loft access.
Bedrooms one and two are to the front and rear respectively with the bathroom in a wet room style with shower, wc and wash hand basin.
Do check your eligibility with Chorley Borough Council before calling to book your viewing. Council tax B, EPC to follow, Freehold. What is the Low Cost Housing Scheme?
The low cost housing scheme provides properties for sale, at a reduced price. The level of discount varies, depending on the location.
Potential purchasers have to meet certain criteria, in order to be eligible to purchase a property in the scheme.
These restrictions on sale price and purchaser exist in perpetuity, and are applied each time the property is sold. How much is the Discount?
On this property the discounted value is 60% of the full market value and this is the price the house is advertised at.
Please note this is not shared ownership and the buyer is buying 100% of the property but at a discounted price. Who is the Scheme for?
The scheme is designed to assist people on low income to purchase a property. It is not aimed solely at first time buyers, but is open to anyone who meets the eligibility criteria.
What are the Eligibility Criteria? There are three criteria that prospective purchasers have to meet: 1. You must intend to use the property as your only or principal home. 2.
You must, in the opinion of the Head of Housing, be in need of assistance through the scheme. 3. You must have close links with Coppull. Parking - Allocated Parking
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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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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FAQ
About 44 Poplar Drive, Chorley
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