1 bed flat for sale

Victoria Mill, Miles Platting M40

A beautifully restored 1-bedroom apartment in the iconic Grade II* listed Victoria Mill, just 0.8 miles from Ancoats and 1.5 miles from Manchester Piccadilly Station. Currently let at £850 pcm, this property offers generous living space, large windows for natural light, and canal-side walks to the Northern Quarter. With EWS1 in place and sold as a going concern, it’s an ideal investment in a prime city location.

About The Area

Set alongside the Rochdale Canal in a district that once powered Manchester’s industrial revolution, Victoria Mill stands as a proud reminder of the city’s heritage. Today, it has been beautifully restored to combine historic character with modern comfort.
Step inside and you will discover generously sized rooms with large windows that flood the space with natural light. Outside, enjoy nearby green spaces and canal-side walks, with the Northern Quarter and Ancoats just a short stroll away for vibrant bars, cafés, and culture.

Accommodation

In brief the Accommodation comprises - communal entrance with telephone entry system. Entrance hall with access to all rooms. Lounge with full height window and canal views, kitchen area fitted with base and eye level units with work surface over, oven and hob, bedroom and bathroom. Unallocated Parking

Tenancy Details

The apartment is currently tenanted at £850pcm - an impressive Gross Yield of 10.2%

Service Charge (Annual)

Maintenance charges £1,477.08
Building Insurance £547.24
Total Payable £2,024.32

As provided by the vendor

Ground Rent (Annual)

E&J Estates
Ground Rent £375.10
Estate Service charge £135.76
Total Payable = £510.86

As provided by the vendor

Compliance Checks

Please note: To ensure that we comply with hmrc anti-money laundering regulations, we outsource our buyer compliance check, for which there is a charge of £54 (including VAT) per person. This will apply should you agree an offer on a property with Maddox Noel. This fee covers the cost of mandatory identity verification, anti-money laundering, and source-of-funds checks, including third-party processing and administrative handling.