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See how verdicts work3-bedroom bungalow · PR7 5LQ
Under offerListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Constructed around 1970 and enjoying open countryside views to both the front and rear, this substantial detached bungalow offers well-proportioned accommodation extending to approximately 1,373 sq ft, complemented by a large detached double garage and a generous plot.
The property blends space, versatility and a semi-rural feel with excellent connectivity, creating a home that is as practical as it is appealing.
Mill Lane lies on the edge of Charnock Richard, a highly regarded village that continues to grow in popularity thanks to its balance of countryside living and commuter convenience.
The nearby motorway services provide swift access to the wider network, while Chorley, Preston and surrounding towns are all easily reached, making this an ideal base for those who want breathing space without isolation.
The accommodation is arranged around a central hallway, giving the bungalow a natural sense of flow and balance.
Entry is via a porch which opens directly into the main reception room, a bright and welcoming space that sets the tone for the home. From here, the hallway provides access to all other rooms.
True to properties of its era, the room sizes are a real standout.
Two large reception rooms offer excellent flexibility, whether used as formal and informal living areas, a lounge and sitting room, or spaces to suit multi-generational living.
The dining kitchen is well-proportioned and ideal for everyday family life, with room for both cooking and dining, while a separate utility room adds practicality.
An adjoining study or pantry provides useful additional storage or workspace.
There are three genuine double bedrooms, all comfortably sized, together with a family bathroom and a separate WC, making the layout particularly well-suited to those seeking single-level living without compromise.
In addition, the property benefits from a particularly large loft space, offering excellent storage and clear potential for conversion, subject to the usual consents, for buyers looking to further extend or reconfigure the accommodation.
Externally, the property enjoys open countryside views to both the front and rear, with gardens that wrap around the home and take full advantage of its setting.
A driveway provides ample off-road parking and leads to the detached double garage, measuring approximately 407 sq ft, which offers excellent storage and further potential, subject to requirements.
Overall, this is a rare opportunity to acquire a spacious detached bungalow offering flexible accommodation, excellent room proportions and a highly accessible village setting.
Homes of this type, combining size, layout and location so effectively, are seldom available and internal inspection is strongly recommended.
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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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.
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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
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FAQ
About Mill Lane, Charnock Richard, Lancashire, PR7
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