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430-432a Wilbraham Road, Chorlton - Image 1
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430-432a Wilbraham Road, Chorlton - Image 3
430-432a Wilbraham Road, Chorlton - Image 4
430-432a Wilbraham Road, Chorlton - Image 5

430-432a Wilbraham Road, Chorlton

North West

£595,000
Listed on 23/09/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a compelling opportunity for renovation and investment in a prime location. Featuring four bedrooms, it was previously utilized as two Houses in Multiple Occupation (HMOs) and now boasts planning permission for conversion into eight self-contained apartments. This development plan incorporates the addition of a third-floor rear roof extension, enhancing the property’s overall footprint. The proposed layout spans four storeys, with the ground floor unit designed as a one-bedroom apartment complete with its own private garden terrace. The first floor includes two more units—both with access to south-facing roof terraces that promise attractive outdoor spaces. The second floor continues the trend with four additional one-bedroom apartments, while the top level features another one-bedroom apartment alongside a two-bedroom unit, providing a diverse range of accommodation options. The building is well-positioned within Chorlton, known for its vibrant community and excellent transport links. It is conveniently situated just 140 meters from Chorlton Tram Station, which offers direct access to Manchester city center in under 15 minutes. Additionally, the surrounding area is rich in amenities, including various shops, bars, restaurants, and recreational options like Chorlton Water Park and Chorlton Green. All main services are readily available nearby, though prospective buyers should verify details with local utility companies. The property is being sold freehold, offering full ownership without additional CIL or Section 106 payments required—a significant advantage for developers looking to maximize investment potential. Chorlton's growing popularity makes this property an enticing prospect for those interested in residential conversions and maximizing rental yields in an area that continues to attract both residents and businesses alike.

Investment Analysis

(M21 area)
Area Average
£398/sq ft
Avg Rent (weekly)
£289
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£400,000 - £600,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (M21)

Area prices are rising by +8.9% over the last 12 months
3 year growth: 11.7%
5 year growth: 27.3%
Investment Disclaimer: Analysis based on M21 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

430-432a Wilbraham Road, Chorlton
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,180
Based on a loan of £446,250 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE