Summary - Upper Chorlton Road , Old Trafford M16 7RN
1 bed 1 bath Commercial Property
Cash-only development lot with strong rental upside after refurbishment.
Freehold mixed-use Victorian buildings with high ceilings and tall windows
A substantial freehold mixed-use parcel on Upper Chorlton Road, offered as an investment or small development opportunity. The Victorian brick properties include two lock-up shops, a three-storey residential block currently arranged as 2 x 1-bed self-contained flats (one refurbished, one requiring work) and an end-terrace building that has been converted into two 1-bed flats but needs refurbishment. High ceilings and tall period windows provide strong conversion and rental appeal.
The site is priced at £450,000 and is cash offers only. There is genuine scope to add a studio apartment subject to necessary planning permission, increasing rental income potential. The vendor estimates potential gross income around £61,000 per annum once refurbished and let; buyers should verify figures and assume refurbishment costs and planning lead times.
Practical positives include freehold tenure, decent plot size, no flooding risk, very low local crime, excellent mobile signal and fast broadband — all attractive for tenants. The immediate area is an urban cultural mix with plentiful amenities and several nearby schools, but it sits within a very deprived area which may affect headline rents and tenant mix.
The properties require renovation and investment to unlock value. One flat is already upgraded, but the remainder needs works; buyers should budget for refurbishment, compliance upgrades and any planning costs. This is a clear opportunity for an investor or small developer comfortable with hands-on refurbishment and planning processes.
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