2-bedroom flat · M1 5BZ
To rentListed 8 days
Opportunity summary
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About
Available Late-November | Allocated Parking | Two Double Bedrooms | Two Bathrooms | Exposed Red Brick & Character Development Description Savills are proud to showcase this premium, best in class two double bedroom apartment in the highly exclusive Chorlton Mill development.
Built in the early 1800's, Chorlton Mill is an impressive grade II listed conversion that has been lovingly transformed into residential apartments.
Boasting a luxurious design of exposed brickwork and wooden beams, intertwined with modern fittings, this character filled apartment is sure to prove popular.
Briefly, this unique apartment boasts an open plan living, kitchen and dining area, with the kitchen space a superb, recent new refurbishment.
The bedrooms are both excellent size doubles, with the primary benefitting from a modern en suite. Finally, the primary bathroom is a luxurious three piece suite.
Comprised of over 1300 sqft, the apartment enjoys exposed beams and vaulted ceilings that truly maximise the space throughout. In addition, the exposed brickwork adds a remarkably distinctive feel.
Externally, the property also benefits from an allocated parking space included in the purchase price. Fob entry allows access into the building, as well as an intercom system for guests/visitors.
The apartments are then accessed from the lift with codes adding a further degree of security for residents.
This property has/may have cladding, as far as we know the current position with the property is: It’s been tested and no works are required.* * You should make enquires about the external wall system of the property, if it has cladding and if it is safe or if there are interim measure in place.
Location Chorlton Mill sits in a prime M1 location in the very heart of Manchester City Centre.
Oxford Road Station is only 0.3m walk allowing quick and easy access to train and tram links around Manchester.
HOME Manchester is also situated nearby (0.2m) which provides an array of entertainment, food and beverage options within easy reach. For sport and entertainment.
Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 1.8m and 2.2m away respectively.
For cultural activities, locally residents are only 0.2m from the Palace Theatre, in addition to being 0.5m from Deansgate where you'll find an excellent choice of independent bars, restaurants and music choices.
Please note - all distances provided are approximate. Square Footage: 1,341 sq ft Leasehold with approximately 972 years remaining.
Additional Info Holding Deposit : £530.77 ( 1 week ) Deposit Payable : £2,653.85 ( 5 weeks ) Rent must be paid monthly in advance
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Cambridge Street, Manchester, Greater Manchester, M1
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