Ben Rose says ..

Property Oracle says ..

This two-bedroom, first-floor apartment in Chorley, Lancashire, presents an interesting option for first-time buyers or investors seeking an entry-level property. Located on Bolton Street, it benefits from its proximity to Chorley train station (0.63 km) providing easy access to commuting routes. Several schools, including highly-rated primary schools, are also within walking distance. The property’s condition shows a mix of elements; it seems functional and inhabitable but could definitely benefit from some updating and modernisation in the kitchen, bathroom, and other areas as the decor currently appears dated. The internal photographs reveal a layout that is adequate in size for a two-bedroom apartment. The apartment features a small, enclosed external area, which could be beneficial for personal use. While the exact plot size is unavailable, the external space does not appear substantial. The list price of £69,995 aligns relatively well with the average price for the street, suggesting a competitive offering. However, without the square footage information, a proper price per square foot comparison and a deeper analysis of value for money is limited. Potential buyers should factor in the cost of updating and modernizing the property into their overall budget. This would further enhance the value and marketability of this property. Overall, this property represents a viable option, especially for those prioritising affordability, location, and access to transport and educational facilities, but potential buyers should be prepared for renovation costs.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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