2-bedroom bungalow · PR7 5RY
For saleListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*DETACHED TRUE BUNGALOW, IDEAL FOR SOMEONE LOOKING TO DOWNSIZE* This detached true bungalow is well presented throughout, located in a popular village location it offers the perfect downsize opportunity.
There is a welcoming entrance hallway that provides access to a spacious lounge, modern fitted kitchen, two double bedrooms and a modern three piece shower room.
The bungalow is double glazed throughout and has gas central heating. Low maintenance gardens can be found to both the front and rear and a long side driveway provides off-road parking.
There is also a detached concrete sectioned garage and large garden shed. The property provides easy access to pleasant countryside walks and the neighbouring town of Chorley.
Motorways including the M6, M61 and M65 are easily accessible, call now to arrange your viewing.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
CHO260397/2 Ground Floor Entrance Hallway Accessed by a double glazed door. Radiator. LVT flooring. Loft access with drop down ladder and part boarded.
Doors leading off to the lounge, kitchen, two bedrooms and shower room. Lounge/Diner 5.8m x 3.32m (19' 0" x 10' 11") Spacious reception room with two front facing double glazed windows.
Radiator. TV point. Laminate floor. Kitchen 3.08m x 2.9m (10' 1" x 9' 6") Side facing double glazed window and door leading to outside.
Wall and base units with worktop surfaces and stainless steel single drainer sink unit with mixer tap. Integrated electric oven and electric hob with extractor hood over.
Integrated fridge and freezer. Plumbed for washing machine. Part tiled walls and tiled floor. Radiator.
Bedroom One 3.61m x 2.99m (11' 10" x 9' 10") Double bedroom with rear facing double glazed window. Radiator. LVT flooring.
Bedroom Two 3.51m x 2.84m (11' 6" x 9' 4") Second double bedroom with rear facing double glazed window. Radiator. Laminate floor. Shower Room Side facing double glazed window.
Three piece suite with hand basin, WC and shower cubicle. Panelled walls and LVT flooring. Heated towel rail.
Exterior To the front of property there is a low maintenance garden area and a long side driveway provides ample of parking.
To the rear of the property there is an enclosed garden, again low maintenance with patio area and decorative stone. There is a garden shed and concrete sectioned garage with an up and over door.
Gated access down both sides to the front.
Agents Notes To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
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 advisors 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 Lichen Close, Charnock Richard, Chorley, Lancashire, PR7
Explore nearby