Land · PR7 4EE
To rentListed 351 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Various secure compounds from £300 per month. Secure compounds for open storage in Heath Charnock/Adlington. Various sizes/lots (100 sqm up to 2,500 sqm) available to let from £300 per month.
Convenient location just off A6 giving easy access to Chorley, Wigan, Bolton and Preston and beyond via M6 and M61.
Former railway sidings, the land has an established commercial use for open storage of vehicles, containers and goods etc. The site is level and the surface is hardcore.
Flexible lease terms offered, subject to status checks. We are not aware of any business rates applicable; any rates will be payable by the tenant. Available from £300 per month.
Please note that once terms for a lease have been agreed, the proposed tenant and guarantor (if applicable) will need to submit an application and pay an administration fee of £300 plus VAT.
If the credit checks are satisfactory, a holding deposit equivalent to one month's rent may be payable to hold the property until the lease is completed.
If the credit checks are not satisfactory or if the tenant withdraws, no refunds will be made.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About Mercer Court,, Rawlinson Lane, Chorley
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