# 2 bedroom apartment for rent (M40 7NA)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 102, VICTORIA MILL, 8, LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER M40 7NA |
| Price | £1,150 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | TBC |
| Floor area | 67 m² |
| Last sold | £201,950 Jan 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** E
- **Expiry date:** 26/01/2032
- **Current heating cost:** £988/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0000-3563-5499-2222-7481)

## Description

**AVAILABLE NOW **BRAND NEW APARTMENT **TWO-BEDROOM, TWO-BATHROOM **ALLOCATED PARKING **FULLY FURNISHED **20 MINUTE WALK TO CITY CENTRE **WATERSIDE DEVELOPMENT **CONVERTED MILL**

Modern living and historic design blend together seamlessly in this stunning newly renovated two-bedroom apartment. The ultra-modern open-plan kitchen is equipped with top-of-the-line integrated appliances and offers plenty of countertop space for all your culinary adventures. The spacious living area, adorned with large windows and soaring ceilings, creates an inviting atmosphere. Each bedroom is generously sized, with the master suite featuring a chic en-suite bathroom, perfectly paired with the high-quality main bathroom.

Located just a stone's throw from the bustling Ancoats Marina and Manchester Piccadilly Station, Victoria Mill provides outstanding accessibility for urban professionals. The lively Northern Quarter, local universities, and major landmarks like the Co-op Arena and Etihad Stadium are all just a short distance away. This impressive waterside development is set along a picturesque canal, creating a serene escape while still being closely linked to the vibrant city center.

## Property Photos

- ![Picture No. 13](/listings/photos/160059062/271043) - Picture No. 13
- ![Picture No. 14](/listings/photos/160059062/271047) - Picture No. 14
- ![Picture No. 12](/listings/photos/160059062/271048) - Picture No. 12
- ![Picture No. 15](/listings/photos/160059062/271049) - Picture No. 15
- ![Picture No. 16](/listings/photos/160059062/271050) - Picture No. 16
- ![Picture No. 18](/listings/photos/160059062/271052) - Picture No. 18
- ![Picture No. 17](/listings/photos/160059062/271060) - Picture No. 17
- ![Picture No. 19](/listings/photos/160059062/271062) - Picture No. 19
- ![Picture No. 20](/listings/photos/160059062/271064) - Picture No. 20

## Floorplans

- ![Floorplan](/listings/photos/160059062/271065) - Floorplan

## 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 | 0.65 miles | OpenRent |

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

## Rent-driven metrics

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

- **Gross yield:** 1304.3%
- **Monthly cashflow:** £1,095/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3941.7%

*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:** £17/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)
