40
MURRAYS MILLS, 50, BENGAL STREET, MANCHESTER, GREATER MANCHESTER M4 6LR
£415,000
Property details
Tenure
LEASEHOLD (241 years remaining on lease)
Floor area
81 m²
Council tax band
C
EPC rating
C
Last sold
£330,000 Jun 2019
Price per m²
£5,123/m²
Local average
£268,000 (+54.9%)
Street crime
5 incidents within 1 mile (Mar 2026)
Key features
- Two Double Bedrooms
- Two Bathrooms
- Corner Unit
- First Floor
- Stunning Original Features Throughout
- EPC Rating C
- Secure Allocated Parking
- 24 Hour Concierge, Communal Courtyard & Bike Storage
- 1001 sq ft
- Central Ancoats Location
Additional details
- Parking
- Yes
Description
Set within the historic Old Mill building, this beautifully presented home retains an abundance of original character, including exposed brickwork, cast-iron columns, and timber beams, blending industrial heritage with contemporary living.
Its corner position, with windows on three sides, provides a brighter aspect than many apartments in the development. The apartment further benefits from secondary glazing throughout, enhancing both warmth and sound insulation.
The accommodation briefly comprises a welcoming entrance hallway leading to two generous double bedrooms and two bathrooms. The property further benefits from a spacious open-plan kitchen, dining, and living area, providing excellent proportions for both relaxing and entertaining.
This owner-occupier-only development offers a 24-hour concierge service and an impressive communal courtyard, with secure parking included.
Murrays Mill - The Murray brothers began construction in 1797, starting with Old then Decker Mills. New Mill followed quickly, and the mills were then connected by linking wings. All but one wing remains, as do the engine houses and the chimney.
Murrays' Mills is a beautiful conversion located in the heart of Ancoats. The development is made up of Grade II & II* listed buildings with apartment 94 residing in New Mill. The development offers a 24 hour concierge, CCTV around the complex and gated access to the large communal courtyard. Murrays’ Mills is an owner occupier development and has a strong sense of community which makes it unique in Manchester.
The Tour - This two-bedroom apartment is situated on the first floor of the former Old Mill, offering a blend of contemporary living and historic character. Upon entering, you are welcomed by a spacious hallway leading to two generous double bedrooms and two bathrooms. All windows have been fitted with secondary glazing, aiding noise traffic and warmth.
The property boasts a bright open-plan living and kitchen area, featuring a fully fitted Makintosh kitchen with a tiled splashback, stainless steel sink with Hansgrohe tap, integrated Neff oven and hob, and CDA dishwasher, fridge, and freezer. Wall-mounted electric heaters and LED dimmer downlights create a warm, inviting atmosphere throughout the kitchen and living spaces. An additional dining area and a versatile nook highlight the apartment’s original exposed brickwork.
Both bedrooms are fully carpeted, with large windows benefiting from secondary glazing and LED downlights throughout. The principal bedroom includes a built-in wardrobe along with TV and satellite points.
The bathrooms are fully tiled and fitted with Duravit three-piece suites. The family bathroom offers a shower over the bath, while the en-suite features a walk-in shower. Both are finished with Hansgrohe chrome fittings, large mirrors with vanity shelves, LED lighting, heated chrome towel rails, downlights, and partially tiled walls.
The Area - Murrays' Mills is located in the heart on Ancoats, surrounded by many independent businesses including Mana, a Michelin star restaurant, Pollen, Rudys & general store. Across the road from Murrays' Mills is the Rochdale Canal and the ever popular Ancoats Marina perfect for a short walk or lunch spot on a summers day. Ancoats is also extremely close to the Northern Quarter & Piccadilly Train Station all within a 10-15 minute walk away.
Lease Information - - Service charge - £4119 per annum
- Buildings insurance - £811.57 per annum
- Car Park service charge - £ per annum.
- Ground rent - £375 per annum. No review for 15 years. Then review with RPI every 10 years.
- Lease - 250 years from 2017.
Listed by
Manchester
Reside
Reference: 172355822
EPC Rating & Upgrade Cost
Current rating: C
Potential rating: C
Inspection date: 10/05/2019
Current heating cost: £277/year
Potential heating cost: £277/year
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Listed for sale | — | £415,000 | +25.8% |
| Sold | 18/06/2019 (6 years ago) | £330,000 | — |
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 |
|---|---|---|---|
| PARAGON MILL, 4 APARTMENT PM 304 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5AX | £335,000 | 19/12/2025 | Flat |
| M M2 APARTMENTS FLAT 48 PICKFORD STREET, MANCHESTER, GREATER MANCHESTER, M4 5BS | £245,000 | 12/12/2025 | 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 |
| MURRAYS MILLS, 50 119 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LS | £370,000 | 01/08/2025 | Flat |
| ROYAL MILLS, 16 APARTMENT M C 406 JERSEY STREET, MANCHESTER, GREATER MANCHESTER, M4 6JA | £292,500 | 28/03/2025 | Flat |
| MURRAYS MILLS, 50 45 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LR | £275,000 | 31/01/2025 | Flat |
| ROYAL MILLS, 2 APARTMENT RM 503 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5BZ | £245,000 | 19/12/2023 | 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 |
| 1 APARTMENT 19 JERSEY STREET, MANCHESTER, GREATER MANCHESTER, M4 6JA | £141,500 | 17/11/2023 | Flat |
| ROYAL MILLS, 2 APARTMENT RM 404 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5BZ | £218,000 | 06/10/2023 | 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 |
| PARAGON MILL, 4 APARTMENT PM 108 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5AX | £242,450 | 22/08/2023 | 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 |
Area average: £288,223 (20 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of February 2026.
Rental Range
Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Manchester.
LHA (30th percentile) floor for East Lancs: £474/mo (Apr 2025 – Mar 2026)
Location
Address
10 Redhill Street
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Shop | Duffy's Barbers | 0.0 miles |
| Shop | Ancoats Deli | 0.0 miles |
| Bus stop | Ancoats, Great Ancoats Street / near Jersey Street | 0.1 miles |
| Bus stop | Ancoats, Great Ancoats Street / near Rochdale Canal | 0.1 miles |
| Train station | Manchester Piccadilly | 0.5 miles |
| University | University of Law | 0.6 miles |
| University | UCEN Manchester (Shena Simon Campus) | 0.6 miles |
| Train station | Manchester Victoria | 0.7 miles |
| Hospital | Plymouth Grove Medical Centre | 1.4 miles |
| Hospital | Manchester Royal Infirmary | 1.5 miles |
Street-level crime
| Category | Count |
|---|---|
| Other theft | 2 |
| Violence and sexual offences | 2 |
| Theft from the person | 1 |
| Total incidents | 5 |
Within 1 mile during Mar 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 | 0.5 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 |
|---|---|---|---|---|
| 2 Bed Flat, Port St, M1 | £2,450/mo | 2 | 0.16 miles | OpenRent |
| 2 Bed Flat, Port St, M1 | £1,800/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, Port Street, M1 | £1,795/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, Port St, M1 | £1,850/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, Port St, M1 | £2,000/mo | 2 | 0.17 miles | OpenRent |
| 2 Bed Flat, Oldham Road, M4 | £1,500/mo | 2 | 0.23 miles | OpenRent |
| 2 Bed Flat, Oxygen Tower, M1 | £1,700/mo | 2 | 0.25 miles | OpenRent |
| 2 Bed Semi-Detached House, Millbank Street, M1 | £3,800/mo | 2 | 0.26 miles | OpenRent |
| 2 Bed Flat, Oxygen Tower, M1 | £1,650/mo | 2 | 0.27 miles | OpenRent |
Average rent: £2,061/mo (9 listings)
Rent-driven metrics
Based on OpenRent comparables.
- 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).