3-bedroom flat · PR6 0AG
Listing removedListed 352 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold This deceptively spacious three bed property is extremely flexible provides an excellent floor plan which could easily be re-configured as a Five-bedroom HMO or split into two self-contained flats if required by a new owner.
This characterful property is situated in a most convenient position just a short stroll from many excellent amenities and Chorley town centre is on hand with its diverse range of high street stores, trendy bars and eclectic eateries - perfect for those who enjoy a hectic social calendar!
The property itself is in need of full modernisation and provides an ideal opportunity for an investor to add to their rental portfolio.
One enters via the entrance vestibule on the ground floor, and you proceed to the first floor via the stairs through into the comfortable lounge/dining room.
The adjacent kitchen is fitted with a range of wall and base units with space for appliances.
The inner hallway gives access to three good sized bedrooms will be revealed, along with a and a three-piece bathroom. Other benefits include gas central heating and double glazing.
Viewing of this home is highly recommended. 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
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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 225a Eaves Lane, Chorley
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