2-bedroom flat · PR7 2JF
Listing removedListed 72 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***VIEWING HIGHLY RECOMMENDED*** This 2 bedroom 3 person first floor apartment benefits 24 / 7 repairs & maintenance service, GCH, spacious lounge, 3 piece bathroom, uPVC windows / doors, modern kitchen / diner, good size bedroom & communal garden.
There are a HOST OF LOCAL AMENITIES nearby which include GP / Health Centre, pharmacy, grocery store and Post Office.
The location also benefits from excellent public transport links / bus routes to the town centre and surrounding areas.
Close proximity to Chorley Town Centre, M61 Motorway network and commutable distance to Preston, Blackburn and Bolton.
To secure the property all applicants must provide an advance rent payment and have a bank account.
As a provider of affordable housing an offer of a home will be subject to an affordability and financial assessment to ensure we comply with our charitable aims.
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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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.
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 4A Derwent Road Flats, Chorley, Lancashire
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