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See how verdicts work2-bedroom terraced house · PR7 4HP
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this traditional two-bedroom mid-terrace property on Canal Street represents an excellent opportunity for both first-time buyers and, in particular, buy-to-let investors.
The property has been recently redecorated throughout and has also benefited from a number of important improvement works, helping to make it a particularly straightforward proposition for a new owner.
With gas and electrical safety certificates already in place, together with a new electrical consumer unit/fuse board, the property is considered ready to rent immediately and is anticipated to achieve in the region of £800 per calendar month.
Canal Street is positioned towards the lower end of Adlington, just off Market Street and within easy reach of the village centre and its everyday amenities.
One of the property’s biggest attractions is its proximity to Jubilee Playing Fields, locally known as Bottom Rec, which is virtually on the doorstep and provides a great open space for walking, exercising and particularly for dog owners.
Adlington itself is well placed for access towards Chorley, Horwich and the surrounding areas, with a good selection of local shops, schools and transport links all close by.
The accommodation follows the traditional two-up, two-down terrace layout and offers well-proportioned living space across two floors.
The property is pavement-fronted and internally comprises a living room to the front and a kitchen to the rear, while upstairs there's a double bedroom, a single bedroom and a bathroom.
The house has been recently redecorated throughout, giving the interior a fresh and neutral feel.
In addition, both the front and rear walls have been taken back to brick, tanked and membraned before being replastered, representing a significant programme of remedial work and giving prospective buyers added reassurance.
Further improvements include the installation of a new electrical consumer unit, while the existing gas and electrical safety certification adds to the appeal for landlords looking for a property that can be brought into rental use with minimal delay.
Externally, the property is pavement-fronted in keeping with the surrounding terrace, while to the rear is a shared yard area serving the neighbouring properties.
The property also benefits from its own outhouse/storage building, providing useful space for tools or general household storage.
Overall, this home on Canal Street offers a very attractive opportunity for investors seeking a ready-to-rent property in a convenient Adlington location, while the recent redecoration and improvement works also make it equally suitable for an owner-occupier looking for a traditional home with no onward chain.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
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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.
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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.
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FAQ
About 5, Canal Street, Chorley
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