2 bedroom apartment for sale

  • £450,000
  • 4.2% Rental Yield
  • 91 ALI
Royal Mills, Cotton Street
For Sale

2 bedroom apartment for sale

Royal Mills, Cotton Street
  • £450,000
  • 4.2% Rental Yield
  • 91 ALI

Overview

Updated on April 24, 2024
  • Property Type
  • 2
  • Bedroom
  • 2
  • Bathroom
    • Sq Ft
  • Year Built

Description

DESCRIPTION Welcome to the sought after, Grade II Listed, Royal Mills! This apartment consists of two double bedrooms, both of which have an ensuite bathroom, a large open plan living/kitchen area and a spacious mezzanine level. The apartment itself is positioned on the top floor and spans over 1,400 square feet. There is an abundance of original features such as wooden beams, steel beams, exposed brick work and large windows which allow floods of daylight into the apartment.

Ancoats has become one of the most desirable places to live in Manchester. Hosting a number of Manchester's best reviewed restaurants along with a recently Michelin starred restaurant too. It's a beautiful area, seamlessly blending historic mills, cobbled streets and canals with tasteful new build developments. Ancoats is within easy walking distance to Piccadilly and Victoria Train station, Shudehill and Piccadilly Gardens bus interchange and numerous Metrolink stops meaning public transport is an option everywhere.

 

GENERAL Rental Yield: 5.2% (Based on expected rental price of £1950pcm)
Service Charge: £6,840 per annum
Ground Rent: £175 per annum
Lease: 150 years from 2004
Square Footage: 1414 Square feet
Council Tax Band: F
Management Company: Zenith Management Company  

HALLWAY Natural oak flooring, wall lights, access to storage cupboard with plumbing for washing machine, access to cupboard housing the boiler, wall mounted heater, intercom.
 

BATHROOM Accessed via the hallway, a three piece bathroom comprising bath with shower attachment over, WC, sink with mixer tap, heated towel rail, partially tiled walls, tiled flooring, extractor and wall lights. 

BEDROOM Double glazed window, carpeted flooring, wall mounted heater, phone/TV point, wall lights and entrance to the ensuite. 

BEDROOM Double glazed window, carpeted flooring, wall mounted heater, phone/TV point, wall lights and entrance to the ensuite. 

LIVING ROOM Double glazed window, natural oak flooring, wall mounted heater, phone/TV point, intercom entry system and wall lights. 

KITCHEN Open plan to the living area, the kitchen comprises wall and base units, integrated fridge/freezer, integrated dishwasher, built-in oven with four ring hob and extractor over, stainless steel sink with mixer tap and drainer, tiled flooring, spotlights and extractor. 

MEZZANINE LEVEL Accessed via staircase from the living room, carpet flooring, wall lights.  

PARKING There are two allocated car parking spaces included in the sale of this property.  

Arical Liveability Index

91
Schools
Good
Restaurants
Outstanding
Transport
Outstanding
Services
Outstanding
Groceries
Outstanding
Safety
Outstanding

What's Nearby?

Open in Google Maps

Predicted Rental Yield

4.2%

Rental yield is the return a property investor is likely to achieve on a property

Transaction Nearby

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
£
£
%
£
£
£

Compare listings

Compare