Guide price
£220,000
2 bed flat for saleSpinning Mill, Lower Vickers Street, Manchester M40
2 beds
2 baths
1 reception
Chain free
Leasehold
About this property
Investment Only
Tenanted Until June 2026
Two Bedrooms
Two Bathrooms
Third Floor
No Chain
Parking
6.12% Gross Yield
Investment only
Spinning Mill sits in the heart of the thriving East Manchester area of regeneration which in recent years has seen it's popularity grow due to it's close proximity to the City centre which is easily accessed on foot by walking along the picturesque canal or the nearby Holt Town Metrolink station.
This third floor apartment in brief comprises of : Secure communal entrance with lifts to all floors, private entrance hallway, spacious living room which has brick vaulted ceiling and open to the fully fitted kitchen complete with with integrated appliances, two double bedrooms with the main being en suite plus further bathroom.
Spearheading this metamorphosis was the construction of SportCity for the 2002 Commonwealth Games. Located just over a mile from the Mill, it’s home to the largest concentration of major sporting venues in Europe, including the National Cycling Centre, Manchester Regional Arena and Manchester City fc’s Etihad Stadium and Campus.
Currently let at £1250 pcm giving a gross yield of 6.12%.
Material Information
Tenure: Leasehold
Ground Rent : £180 per year
Lease term : 250 years
Service charge : Tbc
Council Tax Band: Tbc - Not yet rated
Parking : Resident parking on site
Broadband : FTTP Connection available, line active
Water : Connect to mains water and drainage, supplied by United Utilities on a meter
Electricity : Connected to main electric, supplied by tbc
Spinning Mill sits in the heart of the thriving East Manchester area of regeneration which in recent years has seen it's popularity grow due to it's close proximity to the City centre which is easily accessed on foot by walking along the picturesque canal or the nearby Holt Town Metrolink station.
This third floor apartment in brief comprises of : Secure communal entrance with lifts to all floors, private entrance hallway, spacious living room which has brick vaulted ceiling and open to the fully fitted kitchen complete with with integrated appliances, two double bedrooms with the main being en suite plus further bathroom.
Spearheading this metamorphosis was the construction of SportCity for the 2002 Commonwealth Games. Located just over a mile from the Mill, it’s home to the largest concentration of major sporting venues in Europe, including the National Cycling Centre, Manchester Regional Arena and Manchester City fc’s Etihad Stadium and Campus.
Currently let at £1250 pcm giving a gross yield of 6.12%.
Material Information
Tenure: Leasehold
Ground Rent : £180 per year
Lease term : 250 years
Service charge : Tbc
Council Tax Band: Tbc - Not yet rated
Parking : Resident parking on site
Broadband : FTTP Connection available, line active
Water : Connect to mains water and drainage, supplied by United Utilities on a meter
Electricity : Connected to main electric, supplied by tbc
More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
E
Ground rent
£180
Ground rent date of next review
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