5 bedroom property for sale

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5 bedroom property for sale

Park Road, Chorley, PR7
£318,500

Our Summary

  • There is a large garden at the rear which there is a potential planning for building or extending the property (STPP)
  • Full planning permission has been granted for the basement to be renovated into a two bedroom flat which would comprise of a lounge/kitchen, two bedrooms and a bathroom

Description

This is a unique opportunity to purchase a multi-usage commercial and residential building located on the edge of Chorley town centre. The property comprises two commercial units, a barbers and a salon, which generate £16,600 per annum, and two residential flats, including a three-bedroom flat that could be let for £3,150 per month or used as a HMO for £3,000 per month. The property also has a large garden at the rear, which has potential for further development or extension, subject to planning permission. A significant amount of work has already been done to the basement, including insulation, concrete flooring, and tanking, with additional framing and RSJ steel in place. With its proximity to local amenities, bus and road links, and access to the M61 motorway, this property presents a great investment opportunity.