For sale Flat

New Little Mill

Ancoats, M4 6GH

1 beds 1 baths 96 m² Listed 1 May 2026 (-54d)

£250,000

Offers Over

Reduced on 1 Jun 2026

Save

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10

/ 10

Property details

Tenure

LEASEHOLD

Floor area

96 m²

Council tax band

B

Last sold

£220,000

Local average

£268,000 (-6.7%)

Street crime

2 incidents within 1 mile (Apr 2026)

Key features

  • One Bedroom
  • One Bathroom
  • Original Features Throughout
  • Owner Occupied
  • Grade II Listed Building
  • EPC Rating C
  • Set In The Heart Of Ancoats
  • On-Site Concierge
  • Secure Bike Storage
  • First Ever Electric Powered Mill In The Country

Description

Set within a historic, listed mill conversion in the heart of vibrant Ancoats, this apartment blends character with modern living.

Positioned on the second floor, the home is full of charm, with beautiful windows that fill the space with natural light. The layout features a spacious open-plan living and kitchen area, a well-proportioned double bedroom, and a contemporary bathroom—creating a comfortable yet stylish living environment.

Residents of New Little Mill enjoy a strong sense of community, setting it apart within Manchester. The development also benefits from an on-site concierge service and a private atrium.

New Little Mill - Situated at the corner of Bengal Street and Jersey Street in Ancoats, Little Mill was originally constructed around 1822 by the Murray Brothers, shortly after the completion of Murrays Mills. The building was initially connected to New Mill via an underground tunnel.

Notably, Little Mill holds the distinction of being the first recorded cotton mill powered by mains electricity. Following a fire in around 1908, the mill was rebuilt and subsequently renamed “New Little Mill.”

The Tour - Apartment 31 at New Little Mill is positioned on the second floor and showcases a blend of industrial character and modern specification.

Accessed via a steel front door with satin stainless steel ironmongery, the apartment opens into a spacious open-plan living and kitchen area. This space is enhanced by 18mm engineered oak flooring in a natural finish, exposed brickwork, and striking windows that flood the lounge with natural light. The fully fitted Mackintosh kitchen features Bellato grey base units paired with light grey wall units and a matching 20mm laminate worktop. Additional details include grey tiled splashbacks, Hansgrohe swivel taps, and under-cabinet lighting. Integrated appliances comprise a Neff stainless steel electric oven with black glass hob, along with a CDA fridge, freezer, and dishwasher.

The bedroom is fully carpeted and continues the apartment’s characterful style, featuring large windows, exposed brickwork, LED downlights, built-in wardrobes, and TV and satellite points.

The bathroom is fitted with a contemporary three-piece white suite, including a walk-in shower, Duravit WC and basin set into a solid oak countertop. A large glass mirror and porcelain tiled flooring complete the space.

The Area - New Little Mill sits in the heart of Ancoats, surrounded by a thriving mix of independent favourites such as Mana, Pollen, Rudy's Pizza and Ancoats General Store.
Directly opposite, the Rochdale Canal and the ever-popular Ancoats Marina provide a picturesque setting—ideal for a relaxed walk or a sunny lunch spot. The location also offers excellent connectivity, with the Northern Quarter and Manchester Piccadilly Station both within a 10–15 minute walk.

Lease Information - 250 year lease from September 2020
Service Charge: £2,462.52
Ground Rent: £200 per annum
Management Company: Rendal & Rittner

Listed by

Manchester

Reside

Reference: 87963957

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EE Rating

EE Rating

Price history

Event Date Price % change
Listed for sale £250,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
22 FLAT 612 LOOM STREET, MANCHESTER, GREATER MANCHESTER, M4 6AN £190,000 07/01/2026 Flat
ROYAL MILLS, 2 APARTMENT OS 604 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5BW £263,500 12/12/2025 Flat
MURRAYS MILLS, 50 19 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LR £385,000 09/12/2025 Flat
MURRAYS MILLS, 50 51 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LR £261,500 05/12/2025 Flat
K502 KENNEDY BUILDING, 6 MURRAY STREET, MANCHESTER, GREATER MANCHESTER, M4 6HS £220,000 28/11/2025 Flat
MURRAYS MILLS, 50 4 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LR £405,000 14/11/2025 Flat
20 FLAT 613 LOOM STREET, MANCHESTER, GREATER MANCHESTER, M4 6AN £185,000 17/10/2025 Flat
MURRAYS MILLS, 50 119 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LS £370,000 01/08/2025 Flat
MURRAYS MILLS, 50 45 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LR £275,000 31/01/2025 Flat
ROYAL MILLS, 2 APARTMENT OS 712 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5BW £390,000 15/12/2023 Flat
47 FLAT 63 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6BB £200,000 04/12/2023 Flat
MURRAYS MILLS, 50 18 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LR £237,500 21/09/2023 Flat
NEW LITTLE MILL, 60 FLAT 6 RADIUM STREET, MANCHESTER, GREATER MANCHESTER, M4 6GH £237,500 25/08/2023 Flat
MURRAYS MILLS, 50 84 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LS £550,000 11/08/2023 Flat
MURRAYS MILLS, 50 48 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LR £250,000 04/08/2023 Flat
35 APARTMENT 322 RADIUM STREET, MANCHESTER, GREATER MANCHESTER, M4 6AT £255,000 01/08/2023 Flat
K101 KENNEDY BUILDING, 6 MURRAY STREET, MANCHESTER, GREATER MANCHESTER, M4 6HS £220,000 11/07/2023 Flat
MURRAYS MILLS, 50 91 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LS £327,500 26/06/2023 Flat
20 FLAT 504 LOOM STREET, MANCHESTER, GREATER MANCHESTER, M4 6AN £200,000 05/05/2023 Flat
K404 KENNEDY BUILDING, 6 MURRAY STREET, MANCHESTER, GREATER MANCHESTER, M4 6HS £290,000 31/03/2023 Flat

Area average: £285,625 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -11.3%
10y growth 72.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of March 2026.

1y (index) -1.4%
5y (index) 9.1%
10y (index) 58.9%

Rental Range

Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,217/mo
Realistic £1,352/mo
Optimistic £1,487/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for East Lancs: £424/mo (Apr 2025 – Mar 2026)

Location

Address

60 Radium Street

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Companio Bakery 0.0 miles
Shop Northern Lights 0.0 miles
Bus stop Ancoats, Great Ancoats Street / near Jersey Street 0.2 miles
Bus stop Ancoats, Oldham Road / opposite Thompson Street 0.2 miles
Train station Manchester Piccadilly 0.5 miles
University University of Law 0.6 miles
University UCEN Manchester (Shena Simon Campus) 0.7 miles
Train station Manchester Victoria 0.7 miles
Hospital Shiv Lodge Medical Centre 2.2 miles
Hospital The Ailsa Craig Medical Practise 2.2 miles

Street-level crime

Category Count
Violence and sexual offences 2
Total incidents 2

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Co-Op Academy New Islington Primary 0.1 miles Outstanding — 10 Jul 2015
St Patrick's RC Primary School Primary 0.4 miles Good — 13 Jan 2022
Abbott Community Primary School Primary 0.4 miles Outstanding — 12 Feb 2019
St Anne's RC Primary School Primary 0.5 miles Good — 10 Jul 2015
The Cooperative College Other 0.6 miles (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Royal Mills, M4 £1,650/mo 1 0.09 miles OpenRent
1 Bed Maisonette, The Sorting House, M1 £1,190/mo 1 0.25 miles OpenRent
1 Bed Flat, Tib Street, M4 £2,500/mo 1 0.32 miles OpenRent
Studio Flat, Spear St, M1 £965/mo 1 0.33 miles OpenRent

Average rent: £1,576/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.57%
Max investor price (0.8%) £177,500
Target investor price (1%) £142,000
Gross yield 6.8%
Cost-to-rent ratio 14.7×
Monthly cashflow £268/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 4.4%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).