4-bedroom semi-detached house · M21 8XR
Opportunity summary
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About
A PRIME OPPORTUNITY to acquire a LONG ESTABLISHED RESIDENTIAL INVESTMENT PROPERTY, consisting of TWO APARTMENTS, set within an ATTRACTIVE EDWARDIAN SEMI-DETACHED CONVERSION, with additional UNCONVERTED CELLARS, currently achieving a yearly rental income of £24,000, with OPPORTUNITY FOR FURTHER DEVELOPMENT and SCOPE TO MAXIMISE YOUR RETURN.
The property is ideally placed within walking distance to CHORLTON VILLAGE, the Metrolink and Chorlton Park. OFFERED FOR SALE TO CASH BUYERS/EXPERIENCED INVESTORS ONLY.
1654 Sq.Ft Each of the apartments are currently let out, generating a monthly income of £2,000 Ground Floor – accessed from the rear of the property – 663 Sq.Ft Flat 1– Two bedroom apartment Bay fronted living room, separate kitchen, two bedrooms and shower room.
Access down to the unconverted cellars First Floor - accessed at ground level from the side of the building Flat 2 – Two Bedroom Apartment – 665 Sq.Ft Stairs rise to the first floor, revealing bay fronted living room, separate kitchen, two double bedrooms and bathroom.
There are unconverted cellars, accessible from flat one, offering the opportunity for further development. (subject to planning).
The property is approached via an area of hard landscaped garden frontage. A gate to the side of the property opens into the rear Westerly facing shared lawned garden. Freehold
Value & comps
No previous sales on record.
Returns
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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 Dawlish Road, Chorlton, M21
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