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£89,950

One bed Cottage for sale on Park Hall Road in Charnock Richard Chorley that is an exciting development poised to rejuvenate this once thriving site. Now under new ownership this historical holiday retreat is preparing for a remarkable transformation, ready to breath new life into the area.

This Resort Is offering a 10% per year return AND an option of a developer buy back at year 3 or at year 5, this property is sure to sell fast!

This Resort in Chorley is nestled within 140 acres of picturesque countryside and sprawling green forest, this Resort, once the residence of a Benedictine monastery dating back to 669 AD, stands as a premier destination in this locale.

With a shift in focus to cater to the changing landscape of travel and leisure, the new owners of this Resort aim to mold the space into a vibrant holiday resort, tapping into the burgeoning trend of staycations.

An enticing opportunity for property investors has arisen allowing the owners of the this Resort to raise some finance to plough back into the resort by allowing buyers  the acquisition of a freehold cottage within the resort from just £89,950!

All the Resort’s cottages are due to be refurbished ensuring investors will also receive a rental assurance of 10% per year fixed for 5 years, additionally there is also a two week per year personal use allowance making this a great opportunity to own a cash flowing asset AND a nice holiday home.

This Resort boats top tier amenities that include banqueting suites and upcoming newly refurbished Spa with fitness Centre, a 140 bedroom hotel, 55 independent cottages and even its own nightclub!

This Resort’s location and array of facilities make it an ideal destination for families seeking short breaks, providing a diverse array of activities and comforts.

The resort is now poised for a revival with plans underway to introduce new features including a refurbished spa, inflatable theme park on the lake and enhanced children’s areas.

Short Term Let Holiday Rentals 
Priced From £89,950
10% Assured For 5 Years
105% Buy Back Yr 3 or 110% Yr 5
Two week Per year Personal usage allowance
Immediate income
Freehold
Freehold Cottages
Undergoing Refurb Currently
Chorley Rural Location

Key Information

£89,950
  • Reference PHRSO
  • Type: Bungalow
  • Country United Kingdom
  • City Chorley
  • Bedrooms 1
  • Bathrooms 1

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