1. Property photo 1 of 28 Cam01231G0-Pr0074-Still020
  2. Property photo 2 of 28 Cam01231G0-Pr0074-Still018
  3. Property photo 3 of 28 Cam01231G0-Pr0074-Still025
Leasehold

£260,000

(£322/sq. ft)

2 bed flat for sale

Loom Building, New Islington, Ancoats M4
2 beds
2 baths
1 reception
807 sq. ft
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£260,000

(£322/sq. ft)

2 bed flat for sale
Loom Building, New Islington, Ancoats M4

    • 2 beds

    • 2 baths

    • 1 reception

    • 807 sq. ft

  • EPC Rating: C

Leasehold
Added on 06/10/2024

About this property

  • Two bedroom apartment

  • Bathroom & en suite

  • Fifth floor

  • Allocated parking

  • Spacious living & dining room

  • Balcony

  • Fully integrated kitchen

  • Currently let for £1,300PCM until 14/1/26 (with A break clause), achieving A rental yield of 6%

  • Located close to the northern quarter, ancoats & piccadilly station

  • New islington location

Nestled in the vibrant area of New Islington, Ancoats, the Loom Building presents an exceptional opportunity for those seeking a modern apartment in a prime location. This fifth-floor residence boasts a generous 807 square feet of living space, featuring two well-proportioned bedrooms and two contemporary bathrooms, making it ideal for professionals or small families.

Upon entering, you are greeted by a spacious open-plan living area that seamlessly integrates the kitchen and lounge, creating a perfect environment for both relaxation and entertaining. The apartment is further enhanced by a delightful balcony, offering a charming outdoor space to enjoy the fresh air and views of the surrounding area.

For those with a vehicle, an allocated parking space is included, providing added convenience in this bustling neighbourhood. The property is currently let at £1,300 per calendar month until January 2026, with a break clause available, presenting an attractive rental yield of 6%. This makes it an excellent investment opportunity for discerning buyers.

The location is particularly advantageous, with the New Islington tram stop just a short stroll away, ensuring easy access to the wider city. Additionally, the trendy Northern Quarter and Piccadilly Train Station are within walking distance, placing a wealth of amenities, shops, and dining options at your fingertips.

In summary, this apartment in the Loom Building offers a harmonious blend of modern living, convenience, and investment potential in one of Manchester's most sought-after areas. Do not miss the chance to make this exceptional property your own.

More information

  • Tenure

    Leasehold (242 years)

  • Service charge

    £3,050 per year

  • Council tax band

    C

  • Ground rent

    £286

  • Ground rent date of next review

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