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Egerton Crescent, Withington, M20

North West

£800,000

Listed on 27/05/2026

Property Details

Bedrooms
11
Type
Terraced

Description

This property presents a remarkable opportunity for investors, featuring four Victorian mansion terraces that have been transformed into nine self-contained apartments. Each unit currently contributes to a robust annual rental income of £75,660, yielding an impressive 9.4%. Notably, there exists untapped potential with unconverted cellars that could be developed (subject to planning permissions), enhancing the investment's value further. Located in the vibrant centre of Withington Village, it's just a short walk from the desirable Burton Road and West Didsbury village. This freehold property spans approximately 7075 Sq.Ft and is offered with no onward chain. While eight of the flats are fully occupied, generating a monthly rental income of £6,305, one unit (Flat 9) is vacant and requires comprehensive refurbishment to reach its full rental potential. The exterior features hard landscaped garden spaces leading to each entrance and designated off-street resident parking at the rear.

Investment Analysis

(M20 area)
Area Average
£395/sq ft
Avg Rent (weekly)
£364
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (M20)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +6.2%
5 year growth: +13.2%
Investment Disclaimer: Analysis based on M20 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

Egerton Crescent, Withington, M20
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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
£2,854
Based on a loan of £600,000 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.

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