Here’s Property Insider’s 60 second briefing on why we think you should consider investing in Chorley.
Where is it? In Lancashire. Just go up a bit from Manchester and Liverpool at the top of a kind of floppy triangle formed by the M6, M61 and M62.
How cheap is it? Cheapest property costs £ 58,000.*
How much rent can you earn? Average rent is £547 pcm.*
Is it famous for anything? Chorley Cakes (yum), Phoenix Nights and The League of Gentlemen (Google it).
Why should property investors consider it? Inexpensive for such an amazingly well connected place so popular with those who need to commute across the north west. Excellent train service to Manchester. (Well it’s not that excellent right now but sometime soon it will all come right. Hopefully)
- Figures from Zoopla at date of posting.