For Sale
REF: DIS250467

£1,600,000

Corkland Road, Chorlton, M21 8UP

4 Bedrooms 5 Bathrooms Off Road Parking

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  • Description
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Key Features

  • Substantial Investment Opportunity
  • Four Self Contained Apartments & Commercial Ground Floor Unit
  • Full Planning Permission In Place for Five Further Apartments
  • Approx. 6140 Sq.Ft
  • Walking Distance Of Chorlton Village

Full Property Description

The upper floors of the development consists of two x two bed apartments, two x one bed apartments, all currently let out in their current condition, generating a combined monthly rental of £2,650 which could be potentially increased if upgrades or improvements are made.

The commercial ground floor unit is currently vacant and was previously used as a doctors practice with access to the converted cellars, spanning the footprint of the property and achieving a yearly income of £33,000. There is full planning permission in place for the ground floor and basement levels to be converted into five self-contained flats (plans available on request).

Ground Floor - Commercial unit - Circa. 2091 Sq.Ft - EPC Rating 63C

First Floor (Circa. 1660 Sq.Ft) – Flats 7a & 9a - two x two bedroom apartments.

Second Floor (Circa. 1050 Sq.Ft) - Flats 7b & 9B -two x One bedroom apartment

Cellars – kitchen, bathroom, staff room, meeting rooms and store rooms – Approx 1339 Sq.Ft

Additionally, there is residents' parking to the rear of the property, accessed via Wilbraham Road.

Freehold
Council Tax Band: A
Circa. 6140 Sq.Ft

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