Waterside conversion apartment with parking and short-let potential.
Vacant two-bed, two-bath—chain-free and ready to let or occupy
Allocated off-street parking included
Grade II listed conversion with high ceilings and exposed brick
Short-term lets permitted—strong rental flexibility
250-year lease remaining—long-term ownership security
Service charge £3,384.07/year (includes building insurance)
Listed status restricts alterations; planning constraints apply
Local area classified as very deprived despite very low crime
This two-bedroom, two-bath apartment in Victoria Mill combines striking mill character with contemporary fittings—ideal for investors seeking city-centre, waterside stock. High ceilings, large windows and exposed brickwork create strong rental appeal and distinctive photographic interest for short-term lets. The property is vacant, chain-free and includes off-street parking, easing immediate occupation or re-letting.
The flat sits in a Grade II listed, recently converted building beside a peaceful canal and close to Ancoats Marina, Piccadilly and local amenities. Short-term lets are permitted, supporting higher yields, and fast broadband plus excellent mobile signal suit modern tenants. The 250-year lease gives long-term security for ownership; Council Tax is very low.
Buyers should note material considerations: the building’s listed status restricts external and some internal alterations, and the property attracts a relatively high annual service charge of £3,384.07 (includes building insurance). The surrounding area scores as very deprived despite low local crime, which may affect long-term capital growth and tenant mixes. Energy-efficiency improvements may be needed to maximise returns.
Overall this apartment offers ready-to-let, characterful city living with immediate income potential from short-term or longer lets, balanced against conservation restrictions and ongoing service costs. It suits investors seeking distinctive, well-located Manchester stock with parking and waterfront appeal.
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