Summary - MACINTOSH MILLS, 4 APARTMENT 32 CAMBRIDGE STREET MANCHESTER M1 5GH
2 bed 2 bath Apartment
Corner two-bed in a Grade II listed mill — long lease, strong rental potential close to Oxford Road..
- Two double bedrooms and two bathrooms (main bedroom ensuite)
- Corner aspect with large windows and exposed brickwork
- Grade II listed conversion — restrictions likely on alterations
- Long lease (around 979 years) and 768 sq ft internal area
- Service charge c. £1,640pa; ground rent £250pa (review terms apply)
- Main heating via electric room heaters; no central heating
- Parking available to rent nearby; on-site bike store
- Average broadband speeds; excellent mobile signal
A two-bedroom corner apartment in the converted Macintosh Mills offers characterful city-living with clear rental and owner-occupier appeal. Exposed brickwork, generous ceiling heights and large windows give the open-plan living space an industrial character while the private balcony overlooks a communal courtyard. The main bedroom has an ensuite and there is a second double bedroom plus a separate three-piece bathroom.
Positioned a few minutes' walk from Oxford Road station and about ten minutes to Deansgate, the flat sits in a cosmopolitan, student-rich neighbourhood close to universities, shops and nightlife — useful for lettings or sharers. The lease is long (around 979 years) and the advertised rental yield is circa 6.5% based on an expected £1,400pcm, making this a credible investment in central Manchester.
Buyers should note important practical points: the building is Grade II listed, which may restrict alterations and add management complexity; main heating is by electric room heaters rather than a central system; walls are original solid brick (likely uninsulated); and there is an annual service charge and modest ground rent. Parking is available to rent nearby rather than included. Broadband speeds are average while mobile signal is excellent.
Overall this is a characterful, centrally located two-bedroom apartment suited to investors or buyers wanting a well-connected city base. The combination of original mill features, long lease and proximity to transport are strengths, but listed-status constraints and basic heating/insulation are realistic drawbacks to factor into any refurbishment or letting plan.
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