Corkland Road, Chorlton, Manchester, M21

This substantial property, previously generating an impressive annual income of £33,000, presents a notable investment opportunity with full planning consent for the conversion into five additional self-contained flats. Spanning 6,140 sq ft, the upper floors currently comprise two two-bedroom apartments and two one-bedroom apartments, all of which are tenanted and yielding a combined rental income of £2,650 monthly. With strategic upgrades or renovations, potential rental returns could be significantly improved. The ground floor commercial unit is presently vacant but was formerly used as a doctor's practice and benefits from access to substantial cellars that cover the property’s footprint. This area also has approved plans for transformation into more residential units. Positioned conveniently near Chorlton Village and the Metrolink station, this property stands as a rare chance for cash buyers and seasoned investors looking to enhance their portfolios through value-add development projects.