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2 bed flat for sale

£182,320

Signature Mill, Lower Vickers Street, Manchester M40

2 2 1
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Property features

  • Ideal Investment property
  • Two bedroom Apartment
  • Secure External Parking
  • Panoramic Views of Manchester
  • 24hr Concierge Service
  • Great Transport Links

Property description

**Ideal Investment Property** With an average square footage of 700 ft2, these 2-bed apartments are very generously sized, divided into two large double bedrooms, a bright living area, a fully fitted kitchen and a beautifully- designed bathroom.

Signature Mill is a prominent 6 storey former Textile Mill of traditional red brick construction and boasts a Heritage England listing. It is situated in the Manchester City regeneration area, with its principal frontage to Varley Street. It benefits from an attractive entrance foyer and extensive secure external car parking. The upper floors have panoramic views of Manchester City Centre and the surrounding area.
Located on the Rochdale Canal Towpath and just minutes from Holt Town Metrolink station it offers great transport links to the city centre via both bicycle and public transport. The ground floor is occupied by the nhs. Signature Mill offers a City Centre experience in a fantastic location that will come with the “Signature Touch”. The scheme is comprised of one & two- bed apartments that are aimed at working professionals and visitors who genuinely will be able to harness the work / life benefits this project offers. Tenants will be able to make use of a 24-hour concierge service which acts as both a convenience and a round the clock security solution.

Manchester is on the map and in a big way. Demand over the last few years has far outstripped supply as more and more people move into this rapidly growing economic, shopping and cultural hub of the North. When it comes to things to do, Manchester has them in abundance: There is always a festival, a market or a music event happening in town at any given point in the year. These events mean that people flock into the city from far and wide—and once they have a taste for it, many visitors decide never to leave! This helps demand for Manchester property to continue to rise. The city has a thriving economy, including the recently developed business district at Spinning fields, which has been called the Canary Wharf of the North. House prices are continuing to rise in the area, with percentage increases being equalled only by London, showing the economic power of what is arguably the uk’s second city—it really is a place to invest for the long term whether an individual, institution or bank.

Property info

Floorplan(s): No_Floorplan

No_Floorplan View original

Market activity
Average price paid £115,080 Sales 301 Current average value £121,447 (Zoopla Zed-Index) Value change £3,336 ▲ 2.82%

Property value data/graphs for M40

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £195,502 £158 3.3 £181,113
Semi-detached £139,024 £158 3.0 £129,065
Terraced £97,899 £111 2.6 £94,003
Flats £112,666 £173 1.7 £95,170

Current asking prices in M40

Average: £169,673
Avg. current asking prices in M40
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £154,000
(1)
£103,182
(11)
£140,186
(25)
£214,375
(8)
£209,998
(2)
Flats £150,724
(41)
£183,576
(113)
£159,975
(2)
- -
All £150,802
(42)
£176,445
(124)
£141,652
(27)
£214,375
(8)
£209,998
(2)

Current asking rents in M40

Average: £655 pcm
Avg. current asking prices in M40
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £360 pcm
(2)
£667 pcm
(3)
£762 pcm
(10)
£724 pcm
(1)
-
Flats £536 pcm
(10)
£655 pcm
(12)
- - -
All £507 pcm
(12)
£658 pcm
(15)
£762 pcm
(10)
£724 pcm
(1)
-

Fun facts for M40

Highest value in M40
Highest value streets Zed-Index
Windsor Road £270,505
Merridale Road £239,306
Rimsdale Drive £229,971
Boar Green Close £221,056
Victoria Avenue East £188,586
Highest turnover in M40
Highest turnover streets Turnover
Saxon Street 47.1%
Claife Avenue 40.0%
Lower Vickers Street 38.5%
Eastwood Avenue 33.3%
Worsefold Street 33.3%

What Zoopla users think of Manchester

Overall rating:

  • currently 4 stars
Very good - 78% (529 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Manchester:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Manchester Piccadilly (1.1 miles)
  • Manchester Victoria (1.2 miles)
  • Ardwick (1.3 miles)
  • Manchester International Airport (9.7 miles)
  • Liverpool John Lennon Airport (28.3 miles)
  • Leeds Bradford International Airport (34.5 miles)
  • Liverpool Pier Head Ferry Terminal (32.7 miles)
  • Liverpool Belfast Ferry Terminal Bootle (32.8 miles)
  • Liverpool Isle of Man & Dublin Terminal (32.8 miles)

Nearby schools

View all schools in Manchester
  • Park View Community Primary (0.1 miles)
  • St Patrick's RC Primary School (0.5 miles)
  • Abbott Community Primary School (0.5 miles)
  • The Cooperative College (1.1 miles)
  • Connell Sixth Form College (1.2 miles)
  • Abbey College Manchester (1.4 miles)
  • Manchester Communication Academy (0.9 miles)
  • King of Kings School (0.9 miles)
  • Sol Christian Academy (1.0 mile)
Note: Distances are straight line measurements

Local info for Manchester

AskMe Q&A for Manchester

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For more information about this property, please contact
YOPA, SW1A on +44 1322 584475 * (local rate)

Monthly running costs Beta

£905 Monthly total

Mortgage

Purchase price
Deposit (10%) 18,232
Repayment term 25
Interest rate 1.5
Your payment £656 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £22/mo (£267/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £24 Electricity £31 Estimated energy cost £55/mo

Similar properties could save up to £157

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7600 kWh/year
Electricity: 2400 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Manchester

Estimated tax band C Council tax cost £134 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £19 Sewerage £19 Estimated water cost £38 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by YOPA, and do not constitute property particulars. Please contact YOPA for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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