38 Chorley Road, Swinton, Manchester, M27 5AF
Size
1,353
Tenure
Freehold
EPC
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Parking
3
- Primary use
- High street retail
- Other use(s)
- Other
- Frontage
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Key features
- Attractive 8% NIY
- Established shop tenant
- Excellent transport links nearby
- Well appointed and generous one bedroom flat
- Potential for rental growth
- Newly re-covered flat roof to rear
Description
The uppers floors provide generously proportioned residential accommodation, accessed via external staircase from the rear yard. The accommodation is set out over two floors and provides entrance hall, lounge, dining / kitchen, bathroom to the first floor, with a spiral staircase leading from the lounge to the attic room where the bedroom is located.
Externally there is a useful private car park to the rear with space for 3 vehicles.
The property is positioned towards the centre of a retail parade along Chorley Road (A6) in Swinton and is situated around 3 miles from Salford and 4.5 miles from Manchester City Centre to the South East. The popular residential locations of Swinton, Pendlebury and Worsley are all within easy reach.
The immediate area benefits from predominantly local and regional operators, including Deurali Restaurant & Takeaway, Check Security Systems, Pamper & Polish nail and beauty salon and Hair by Charlotte, while it is also across from Texaco filling station.
The property is held Freehold
The ground floor and basement are let to an independent tailor t/a 'Alterations Specialist' by way of a 6 year effective FRI lease from 1st December 2022 at an passing rent of £9,000pa, subject to 3 yearly upward only rent reviews and no break options.
The upper floor 1 bedroom flat is let by way of a 6 month AST agreement from 18th November 2025 at £750pcm (£9,000pa), providing a combined rental income of £18,000pa presently.
We are instructed to invite offers in excess of £220,000. A purchase at this level would reflect an attractive net initial yield (NIY) of 8% after allowing purchasers costs of 2.44%, and on the basis of a TOGC.
The property is not elected for VAT and so no VAT is attributable to the sale.
Shop = C(62)
Flat = D(66)
Each party are to be responsible for their own legal fees incurred in this transaction.
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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38 Chorley Road, Swinton, Manchester, M27 5AF
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Disclaimer - Property reference 376089-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Gifford Dixon Commercial Property, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.














