# 2 bedroom flat for rent (M40 7NA)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 402, VICTORIA MILL, 8, LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER M40 7NA |
| Price | £1,248 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | TBC |
| Floor area | 67 m² |
| Last sold | £170,000 Jan 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** D
- **Expiry date:** 27/01/2032
- **Current heating cost:** £709/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0010-3668-0499-2222-7435)

## Description

A 2 BEDROOM 2 BATHROOM APARTMENT WITHIN THIS NEWLY CONVERTED MILL, LOCATED IN THE POPULAR AREA OF THE NEW MILES PLATTING DEVELOPMENT.

Located on the fourth floor of Spinning Mill, this newly converted apartment benefits of a large open plan living area and kitchen, with large windows and open brick design ceiling. The tiled bathroom comes with a Japanese style electric toilet, a jacuzzi bath an over head shower. The main bedroom benefits from an en-suite bathroom with a standing shower and toilet. The second bedroom has the large storage cupboard to the right of it, this room could be used as a bedroom or as an office space if desired. Spinning Mill has a large car park, available for all residents however this is not allocated spaces.

Miles Platting has undergone a large redevelopment plan over the past few years. The popular area of Ancoats is 1.2 miles from the building and Manchester City Centre being a 15 minute walk away.

THIS APARTMENT IS AVAILABLE UNFURNISHED OR FURNISHED UPON REQUEST. AVAILABLE FROM NOW.

**Hallway** - 

**Hallway** - 

**Victoria Mill** - 

**Victoria Mill** - 

**Bedroom** - 

**Bedroom** - 

**Reception Room** - 

**Bathroom** - 

**Bathroom** - 

**Spa Bath** - 

**Wc** - 

**Bedroom** - 

**Bedroom** - 

**Bedroom** - 

**En Suite Shower Room** - 

**Kitchen** - 

**Reception Room** - 

**Kitchen** - 

**Kitchen** - 

**Kitchen** - 

**Reception/Kitchen** - 

**Reception Room** -

## Property Photos

- ![VICTORIA MILL](/listings/photos/160716647/271056) - VICTORIA MILL
- ![RECEPTION/KITCHEN](/listings/photos/160716647/271070) - RECEPTION/KITCHEN
- ![KITCHEN](/listings/photos/160716647/271077) - KITCHEN
- ![BEDROOM](/listings/photos/160716647/271080) - BEDROOM
- ![EN SUITE SHOWER ROOM](/listings/photos/160716647/271085) - EN SUITE SHOWER ROOM
- ![BEDROOM](/listings/photos/160716647/271095) - BEDROOM
- ![BATHROOM](/listings/photos/160716647/271105) - BATHROOM
- ![HALLWAY](/listings/photos/160716647/271108) - HALLWAY
- ![HALLWAY](/listings/photos/160716647/271116) - HALLWAY
- ![RECEPTION ROOM](/listings/photos/160716647/271122) - RECEPTION ROOM
- ![BEDROOM](/listings/photos/160716647/271127) - BEDROOM
- ![BATHROOM](/listings/photos/160716647/271131) - BATHROOM
- ![SPA BATH](/listings/photos/160716647/271135) - SPA BATH
- ![WC](/listings/photos/160716647/271139) - WC
- ![BEDROOM](/listings/photos/160716647/271142) - BEDROOM
- ![BEDROOM](/listings/photos/160716647/271147) - BEDROOM
- ![KITCHEN](/listings/photos/160716647/271151) - KITCHEN
- ![RECEPTION ROOM](/listings/photos/160716647/271156) - RECEPTION ROOM
- ![KITCHEN](/listings/photos/160716647/271159) - KITCHEN
- ![RECEPTION ROOM](/listings/photos/160716647/271161) - RECEPTION ROOM
- ![KITCHEN](/listings/photos/160716647/271164) - KITCHEN
- ![VICTORIA MILL](/listings/photos/160716647/271166) - VICTORIA MILL

## Floorplans

- ![FLOOR PLAN](/listings/photos/160716647/271170) - FLOOR PLAN

## EPC Graphs

- ![EE Rating](/listings/photos/160716647/271172) - EE Rating

## Rental Range

*ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,214/mo
- **Realistic:** £1,349/mo
- **Optimistic:** £1,484/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £449/mo

## 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 |
|------|------|------|------|------|
| 2 Bed Flat, Malta St, M4 | £1,250/mo | 2 | 0.66 miles | OpenRent |

**Average rent: £1,250/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,250/mo).*

- **Gross yield:** 1201.9%
- **Monthly cashflow:** £1,095/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3630.9%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − 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).*

## Price per Square Metre

- **£/m²:** £19/m²

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)