Summary - Milliners Wharf, Islington Wharf M4 7BD
2 bed 2 bath Apartment
Furnished 2-bed with concierge and balcony — strong rental yield in New Islington.
Furnished 2-bed, 2-bath apartment with en suite and balcony
Open-plan living/dining with fitted kitchen; 624 sq ft (average sized)
24-hour concierge, communal gardens, secure intercom entry
Excellent transport: New Islington tram stop; walkable to Piccadilly
Currently let; new tenancy from 17 July at £1,200pcm (yield ~6.55%)
Leasehold: c.138 years remaining
Service charge c. £2,052 pa; council tax described as affordable
Located in a cosmopolitan student neighbourhood; area described as deprived
A straightforward investment opportunity in New Islington: this furnished two-bedroom, two-bath apartment sits on the 2nd floor of Milliners Wharf and comes with a balcony overlooking the canal. The layout is modern and light-filled, with an open-plan living and dining area that flows through to a fitted kitchen. The master bedroom benefits from an en suite; both bedrooms are good doubles for the apartment's size (624 sq ft).
The building offers 24-hour concierge, communal gardens and secure entry, attractive features for rental demand and tenant retention. Transport links are strong — the New Islington tram stop is adjacent and Piccadilly Station and the Northern Quarter are walkable — supporting consistent demand from commuters and students.
Financially this unit is geared toward investors: currently let until 9 July at £1,100pcm and with a new tenancy agreed from 17 July at £1,200pcm (quoted gross yield ~6.55%). Leasehold with c.138 years remaining gives long lease security; note the annual service charge is c. £2,052. Council tax described as affordable and there is no reported flood risk.
Be aware of the local context: the area is described as a multicultural, cosmopolitan student neighbourhood and is in an area of relative deprivation. That supports steady lettings but may influence long-term resale dynamics and tenant profile. Overall this is a low-maintenance, well-specified apartment that suits buy-to-let portfolios or buyers seeking immediate rental income.
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