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North West
£475,000
Listed on 29/08/2026
Listed on 29/08/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This mixed-use property in the vibrant heart of Chorlton offers an interesting opportunity for investors looking to diversify their portfolio. Although the asking price of £475,000 appears to be on the higher side compared to the local average sale price of £420,415, the well-maintained interior and exterior, along with modern fittings in the kitchen and bathroom, suggest that the property is ready for immediate use. The spacious three-bedroom residential unit above a successful commercial premise provides a dual income stream, making it a compelling option despite the price concern.
The property's prime location ensures excellent visibility and access to a variety of local amenities, enhancing its attractiveness to potential tenants. The basement adds an extra layer of potential for future development or storage, increasing the project’s appeal. While the absence of usable floor area limits the overall assessment of value, the potential for rental income and the property's good condition present a solid foundation for improvement and value creation.
None recorded.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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