Suite 1.17
Colony One
1 Silk Street
Manchester
M4 6LZ
Victoria Mill, Miles Platting
Asking price £100,000
1 Bedroom Apartment
- Investment opportunity - rented at £850 PCM
- Renowned architect George Woodhouse
- Grade 2 Listed former Cotton Spinning Mill
- EW1S form in place rating B1
- One bedroom apartment with canal views
- Open plan kitchen / living area
- Well-proportioned layout - ample natural light
- Reliable rental potential in a high-demand area
- Easy access to city centre, transport links, and local services
- Unallocated parking
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.
Energy Efficiency and Environmental Impact
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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