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Wilmslow Road, Manchester, M14 - Image 1
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Wilmslow Road, Manchester, M14

North West

£350,000
Listed on 12/12/2022

Property Details

Bedrooms
N/A
Type
Property
Area
1765 sqft

Description

This property presents a versatile opportunity for both commercial and residential development in a prime central location of Fallowfield, just moments away from key university campuses. The ground floor features a spacious double-fronted shop area, equipped with front and rear shutters, ideal for retail or office use. The upper floors comprise three bedrooms along with a bathroom, providing potential for conversion into student accommodation or apartments. Notably, the second floor offers an unused roof space that could be transformed into additional living area or further development. A cellar is also available, adding to the overall utility of the property. This renovation project holds significant investment potential in a thriving student area, making it an attractive prospect for those looking to capitalize on the growing rental market.

Investment Analysis

(M14 area)

Below Market Value

This property is priced -27.3% below area average per sq ft

-27.3%
Potential saving
This Property
£198/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£401
Avg Yield
8.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£529,253
10% above area average per sq ft
Potential ROI
+20.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (M14)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +10.7%
5 year growth: +37.6%
Investment Disclaimer: Analysis based on M14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Wilmslow Road, Manchester, M14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,249
Based on a loan of £262,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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