2-bedroom flat · PR7 2WD
Listing removedListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity for existing landlords or potential buy to let investors to acquire a Purpose-Built Two Bedroom First Floor Apartment situated in a popular location on the outskirts of Chorley.
The property is offered with a tenant in situ (since 2025) providing an immediate and reliable income of £795 pcm. The property comprises of an entrance hall, lounge, kitchen, 2 bedrooms and bathroom.
Outside there is a wooded aspect to the rear and one designated car parking space. Early internal viewing is considered essential at this price. Highly Recommended. Council Tax Band B.
Entrance Hall Entry phone. Electric storage radiator. Built in Cupboard housing hot water cylinder Lounge (4.50m (14'9") x 3.76m (12'4")) Double glazed white uPVC window to rear.
Two electric storage radiators . Open access to: Kitchen (2.74m (9'0") x 2.46m (8'1")) Fitted with range of wall and base units in 'Beech' finish with grey worktops and inset stainless steel sink.
Integrated cooker comprising Zanussi electric oven with ceramic hob and extractor hood above. Integrated fridge freezer. Double glazed white uPVC window to rear.
Bedroom One (4.80m (15'9") x 2.92m (9'7") Max) Double glazed white uPVC window to front.
Electric storage radiator Bedroom Two (4.42m (14'6") x 1.96m (6'5") Max) Double glazed white uPVC window to front.
Electric storage radiator Bathroom Three piece suite in white comprising close coupled w.c. Pedestal wash basin and panelled bath with Aqualisa shower above. Ceramic tiled splash areas.
Chrome plated towel radiator. Downflow heater . Electric shaver point. Extractor fan.
Outside Communal garden areas and one designated car parking space Note: We have been informed by our client that the annual service charge for the property is £1260 and the annual grount rent £150 (£75 payable every 6 months)
Value & comps
No previous sales on record.
Returns
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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 14, Maple House, Chorley
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