2-bedroom flat · M1 5GH
For saleReduced £10k (−3.7%) on 10 JulListed 138 days
Opportunity summary
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About
Julie Twist Properties presents this 4th floor apartment located in Macintosh Mills, a beautifully converted mill on Cambridge Street.
The apartment offers a generously sized hallway with access to a storage cupboard, a spacious open-plan kitchen and living area, two double bedrooms, one of which has access to an ensuite and there is also a further three-piece bathroom which can be accessed via the hallway.
Original features have been preserved including exposed brick walls, striking wooden beams, and beautiful high ceilings, adding charm and authenticity to this lovely apartment.
Macintosh Mills is a Grade II listed building and was constructed in the early 1800's, it was one of Manchester's most architecturally impressive factories from that era.
The property is within walking distance to the university, Oxford Road Train Station, St Peter's Square and Deansgate putting you within reach of plenty of bars, shops, restaurants and transport links.
General: Rental Yield: 6.2% (Based on expected rental price of £1400pcm) Service Charge: £1647 per annum Buildings Insurance: £676 per annum Ground Rent: £250 per annum Ground Rent Review Period: Doubles every 25 years Lease: 999 years from 1st January 2006 Square Footage: 692 sq.ft / 64.3 sq.m Council Tax Band: D Management Company: Realty Management Limited Hallway Laminate flooring, spotlights and access to storage cupboard housing the boiler and space for washing machine.
Living Area Double-glazed windows, laminate flooring, wall-mounted heater, phone/TV point, exposed brickwork, wooden beams and spotlights.
Kitchen Open plan kitchen comprising a range of wall and base units, integrated dishwasher, built-in oven, integrated fridge/freezer, four-ring hob with extractor over, sink with mixer tap, tiled flooring, tiled splashback and spotlights.
Bedroom 1 Double-glazed windows, carpeted flooring, wall-mounted heater, exposed brickwork, wall lighting and access to the ensuite.
Ensuite Accessed via bedroom 1, the ensuite comprises a shower cubicle, WC, sink with mixer tap, wall mirror, heated towel rail, partially tiled walls, tiled flooring and spotlights.
Bedroom 2 Double-glazed window, carpeted flooring, wall-mounted heater, exposed brickwork and wall lighting.
Bathroom Three piece bathroom comprising bath with shower attachment over, WC, sink with mixer tap, wall mirror, heated towel rail, partially tiled walls, tiled flooring and spotlights.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About Apartment 95, Macintosh Mills, 4 Cambridge Street, Manchester
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