Characterful city-centre flat ideal for investors seeking solid rental demand.
Grade II listed mill conversion with strong period character
This two-bedroom apartment sits within a Grade II listed mill conversion in New Islington, a short walk from the marina and Manchester city centre. The flat is a characterful, loft-style home with exposed brickwork, high ceilings in at least one bedroom, engineered wood flooring in living spaces and modern fitted kitchen fixtures. At about 725 sq ft with a 999-year lease, it suits buyers seeking city-centre character with long lease security.
The property is well placed for renters and commuters: strong tenant demand in a multicultural student neighbourhood, excellent transport links (Piccadilly within walking distance), fast broadband and very low local crime. The area is in a wider regeneration zone, supporting rental yields and potential capital growth for investors.
Buyers should note material constraints. Listed status (Grade II) restricts alterations and can complicate maintenance and permissions. The supplied data lists one bathroom despite marketing text mentioning an en-suite and separate bathroom — confirm number of bathrooms before proceeding. Council tax band is unknown. The neighbourhood scores as deprived in area statistics, which may affect owner-occupier resale expectations though it supports rental demand.
Overall, this apartment is a practical investment or a compact city home for buyers who value period character and connectivity. Expect to trade some flexibility on layout and external changes for historic features and a central location.
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