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48 Mersey Bank Avenue, Chorlton, Manchester, M21 7NN - Image 1
48 Mersey Bank Avenue, Chorlton, Manchester, M21 7NN - Image 2
48 Mersey Bank Avenue, Chorlton, Manchester, M21 7NN - Image 3
48 Mersey Bank Avenue, Chorlton, Manchester, M21 7NN - Image 4
48 Mersey Bank Avenue, Chorlton, Manchester, M21 7NN - Image 5
48 Mersey Bank Avenue, Chorlton, Manchester, M21 7NN - Image 6
48 Mersey Bank Avenue, Chorlton, Manchester, M21 7NN - Image 7
48 Mersey Bank Avenue, Chorlton, Manchester, M21 7NN - Image 8
48 Mersey Bank Avenue, Chorlton, Manchester, M21 7NN - Image 9
48 Mersey Bank Avenue, Chorlton, Manchester, M21 7NN - Image 10
48 Mersey Bank Avenue, Chorlton, Manchester, M21 7NN - Image 11

48 Mersey Bank Avenue, Chorlton, Manchester, M21 7NN

North West

£180,000
Listed on 26/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This two-storey mid-terraced property presents a unique opportunity for renovation and investment. Featuring traditional brick elevations beneath a pitched tile roof, the building includes a single-storey outrigger at the rear, enhancing its overall layout. Currently vacant, it offers a spacious ground-floor retail unit with a prominent glazed frontage and secure shutters, making it suitable for various commercial uses. Behind the retail space, you will find residential accommodations comprising a lounge, kitchen, and dining area on the ground floor. The first floor includes three generously sized double bedrooms, along with a family bathroom and a separate W/C. The potential for reconfiguration is substantial; whether to continue as commercial with residential above or to fully convert into a standalone residence, there is ample scope to increase both functionality and value. At the back of the property, an enclosed garden provides outdoor space accessible directly from the kitchen—a desirable feature that could be enhanced through landscaping or other improvements. Given that the property requires modernization throughout, new owners can tailor renovations to suit their vision. Situated on Mersey Bank Avenue in Chorlton, this property enjoys an excellent position within one of South Manchester's most sought-after neighborhoods. It is part of a retail parade that benefits from high foot traffic and proximity to local amenities such as shops and services. Furthermore, Manchester City Centre is approximately five miles away, providing easy access to urban conveniences while still offering residential charm. The property boasts convenient transport links as well; it's only around two miles from junction 5 of the M60 Motorway, ensuring good connectivity for both personal and commercial travel. Utilities such as mains gas, electric, water, and drainage are already connected. This long leasehold opportunity not only allows for immediate use but also presents significant potential for future appreciation through thoughtful upgrades or strategic redevelopment plans. The premises are available with flexible terms aimed at facilitating your investment aspirations.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
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

48 Mersey Bank Avenue, Chorlton, Manchester, M21 7NN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £135,000 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