2-bedroom bungalow · PR7 5EY
To rentListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bed semi-detached bungalow is situated along a quiet and popular street in Charnock Richard and offers exceptional, spacious accommodation finished to high standards.
Neargates boasts great access to a range of local amenities, Chorley, Standish, surrounded by beautiful countryside, good access to public transport links and is just a short drive to several major motorway networks.
The property has been extended to the rear creating a stunning, open plan area with doors leading out onto private gardens.
In brief the accommodation comprises of entrance hallway with store cupboard, two large double bedrooms located to the front of the property with neutral décor and modern wall radiators and then a stunning family bathroom comprising a large walk-in shower, sink unit and wc.
To the rear of the property sits the impressive open plan area which houses a truly stunning, modern fitted kitchen boasting a range of wall, base and drawer units along with integral appliances and a feature island / breakfast bar.
The large open planned area then houses the lounge / dining area with feature vaulted and glazed roof with patio doors leading out onto the gardens, there is also the bonus of a good sized and well-equipped separate utility room with door leading out on the side driveway.
Externally Neargates has a well maintained and landscaped front garden with large driveway to the side leading to a single garage with up and over door.
To the rear there is a private and secure garden which has been landscaped to create a low maintenance area with shed to the rear of the garage.
Internal inspection is essential to truly appreciate the properties deceptive size, its condition and outstanding location.MATERIAL INFORMATION:Council Tax Band - BMonthly Rent - £1025Max Deposit - £1180
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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

FAQ
About Neargates, Charnock Richard, PR7 5EY
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