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 work2-bedroom semi-detached house · PR5 5BD
Sold STCListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Arnold & Phillips are delighted to present this two-bedroom semi-detached bungalow, positioned along the well-regarded Graham Avenue in Lostock, Chorley, and offering an excellent opportunity for buyers seeking a property with genuine scope to modernise and add value.
Set within an established residential setting, this home enjoys a convenient location close to a range of local amenities, transport links and everyday essentials, while also providing the calm and comfort often associated with bungalow living.
Requiring refurbishment throughout, the property presents a rare blank canvas for those looking to create a home tailored entirely to their own style and requirements.
Importantly, the property benefits from a recently installed drainage system and has been fully insulated, providing a solid foundation for further improvements.
The accommodation extends to approximately 745 square feet and is arranged across one floor, briefly comprising a central hallway, a generous living and dining room, fitted kitchen, sunroom, two well-proportioned bedrooms and a bathroom.
The layout is both practical and versatile, with plenty of potential for reconfiguration or cosmetic enhancement, subject to any necessary consents.
The living/dining room offers a bright and spacious main reception area, ideal for everyday living and entertaining alike, while the adjoining sunroom adds an extra layer of flexibility and could serve equally well as a morning sitting area or garden-facing retreat.
The kitchen is ready for renewal but offers a solid footprint from which to create a stylish and functional space.
Both bedrooms are well-sized, making the property suitable for a range of purchasers, including downsizers, investors, or buyers looking for a manageable home with renovation potential.
The bathroom has been updated within the last three years, offering a more modern space that can be used immediately while other improvements are undertaken.
Externally, the property benefits from enclosed gardens, a private driveway, and a detached garage, all of which add to the practicality and long-term appeal of the home.
Offered with no onward chain, this is an exciting opportunity to acquire a bungalow in a popular Chorley location with huge potential to improve, personalise and enjoy for years to come. EPC Rating: D
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
FAQ
About Graham Avenue, Lostock Hall, PR5
Explore nearby
