Suite 1.17
Colony One
1 Silk Street
Manchester
M4 6LZ
This spacious 2-bedroom apartment combines historic character with modern comfort in the Grade II* listed Victoria Mill. Located 0.8 miles from Ancoats and 1.5 miles from Piccadilly Station, it’s perfectly positioned for city living. Currently let at £1,150 PCM, the property features bright, airy rooms and easy access to green spaces and vibrant neighbourhoods. EWS1 in place and sold as a going concern - available individually or with the 1-bedroom unit for a strong investment portfolio.
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.
In brief the Accommodation comprises - communal entrance with telephone entry system. Entrance hall with access to all rooms. Lounge with full height window, kitchen area fitted with base and eye level units with work surface over, oven and hob, main bedroom with ensuite, second bedroom and bathroom. Unallocated Parking
The apartment is currently tenanted at £1150 - an impressive Gross Yield of 10.2%
Maintenance charges £2,304.86
Building Insurance £853.86
Total Payable £3158.72
As provided by the vendor
E&J Estates
Ground Rent £375.10
Estate Service charge £211.84
Total Payable = £586.94
As provided by the vendor
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.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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