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Derwent Avenue, Chorlton, Manchester, M21

North West

£325,000Guide Price

Listed on 07/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1224 sqft

Description

Nestled in the sought-after area of Chorlton on Derwent Avenue, this three-bedroom semi-detached property offers a notable opportunity for those looking to undertake an extensive renovation project. With a generous plot that includes a driveway, front garden, and enclosed rear garden, the home presents ample potential for refurbishment, reconfiguration, and extensions (pending necessary planning permissions). Currently, the layout consists of an entrance hallway leading to two separate reception rooms and a kitchen on the ground floor. Upstairs are three spacious bedrooms and a family bathroom awaiting modernization. The property's exterior features gardens at both the front and rear, perfect for landscaping or creating an outdoor entertaining space. Significant updates will be needed throughout the property—covering areas such as the kitchen, bathroom, décor, flooring, fixtures, and systems—which makes this home ideally suited for investors or developers eager to craft their vision. Positioned within a well-established residential community, Derwent Avenue is conveniently nearby Chorlton village with its array of independent shops and transport links to Manchester City Centre. This property represents an exceptional chance to transform a traditional semi into a contemporary family residence.

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Investment analysis

(M21 area)

Below Market Value

This property is priced -34.4% below area average per sq ft

-34.4%
Potential saving
This Property
£266/sq ft
Area Average
£405/sq ft
Avg Rent (weekly)
£315
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£544,619
10% above area average per sq ft
Potential ROI
+34.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (M21)

Area prices are rising by +9.3% over the last 12 months
3 year growth: +11.6%
5 year growth: +27.7%
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

Derwent Avenue, Chorlton, Manchester, M21
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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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