Sold STC Flat

Lower Vickers Street

Manchester, M40, M40 7NA

2 beds 2 baths Listed 30 May 2025 (-368d)

£190,000

Offers Over

Reduced on 1 Oct 2025

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General Exterior Living Room Living Room Bedroom 1 Bedroom 1 Kitchen Bathroom Bedroom 2 Ensuite Entrance Hall Kitchen Bedroom 2 Living Room Bedroom 1 Bedroom 2 Bedroom 1 Bedroom 1 General Exterior General Exterior Surrounding Area General Location General Exterior

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Property details

Tenure

LEASEHOLD (248 years remaining on lease)

Council tax band

A

Last sold

£194,000

Local average

£145,812 (+30.3%)

Deprivation

Decile 1 (2,128 of 33,755)

Street crime

2 incidents within 1 mile (Mar 2026)

Key features

  • Stunning recently-completed apartment
  • Within a Grade II listed converted mill
  • Popular Miles Platting location within easy reach of city centre
  • 2 double bedrooms
  • High exposed brick ceilings
  • Spacious Living Room & separate Kitchen with integral appliances
  • Luxury Bathroom & Ensuite
  • No onward chain
  • Leasehold
  • EPC Rating E

Description

A stunning and very spacious 2 bedroom apartment forming part of a recently completed Grade II listed mill conversion in highly desirable Miles Platting. Character features combine with contemporary and sleek modern fittings to create a property of great charm and with a luxurious finish. Within easy reach of Ancoats and the city centre along the canal towpath. No onward chain. EPC Rating E.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

MCC250134/2

Listed by

Manchester

Favsco 23 Ltd - LSL Franchise

Reference: 162613949

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
Flat 101, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 43 43 68 m² Flat
Flat 102, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 48 48 67 m² Flat
Flat 103, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 42 42 87 m² Flat
Flat 104, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 50 50 63 m² Flat
Flat 105, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 40 40 70 m² Flat
Flat 106, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 51 51 46 m² Flat
Flat 107, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 48 48 75 m² Flat
Flat 108, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 45 45 83 m² Flat
Flat 109, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 50 50 50 m² Flat
Flat 110, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 43 43 70 m² Flat
Flat 111, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 51 51 72 m² Flat
Flat 112, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 52 52 69 m² Flat
Flat 113, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 52 52 68 m² Flat
Flat 114, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 44 44 70 m² Flat
Flat 115, Victoria Mill, 8 Lower Vickers Street, MANCHESTER 48 48 80 m² Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

Event Date Price % change
Sold 01/01/2025 (1 year ago) £194,000

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
VICTORIA MILL, 10 FLAT 107 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7LJ £124,500 13/11/2025 Flat
Same street VICTORIA MILL, 8 FLAT 107 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7NA £132,440 19/03/2025 Flat
Same street VICTORIA MILL, 8 FLAT 209 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7NA £140,187 16/03/2025 Flat
Same street VICTORIA MILL, 8 FLAT 302 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7NA £182,320 04/03/2025 Flat
Same street VICTORIA MILL, 8 FLAT 312 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7NA £180,000 14/02/2025 Flat
Same street VICTORIA MILL, 8 FLAT 102 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7NA £201,950 28/01/2025 Flat
Same street VICTORIA MILL, 8 FLAT 411 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7NA £178,500 23/01/2025 Flat
Same street VICTORIA MILL, 8 FLAT 402 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7NA £170,000 23/01/2025 Flat
Same street VICTORIA MILL, 8 FLAT 311 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7NA £235,950 23/01/2025 Flat
Same street VICTORIA MILL, 8 FLAT 207 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7NA £195,000 23/01/2025 Flat
VICTORIA MILL, 10 FLAT 205 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7LJ £95,000 11/11/2022 Flat
VICTORIA MILL, 10 FLAT 314 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7LL £150,000 24/10/2022 Flat
VICTORIA MILL, 10 FLAT 110 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7LJ £98,000 13/09/2022 Flat
VICTORIA MILL, 10 FLAT 111 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7LJ £93,000 13/09/2022 Flat
VICTORIA MILL, 10 FLAT 413 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7LL £94,000 25/07/2022 Flat
VICTORIA MILL, 10 FLAT 201 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7LJ £107,000 24/08/2021 Flat
VICTORIA MILL, 10 FLAT 308 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7LL £145,000 09/07/2021 Flat
VICTORIA MILL, 10 FLAT 303 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7LL £110,000 09/07/2021 Flat
VICTORIA MILL, 10 FLAT 311 LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER, M40 7LL £73,600 04/06/2021 Flat

Street average: £179,594 (9 sales)

Area average: £109,010 (10 sales)

Capital growth trend

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

5y growth 66.1%
10y growth 7.7%

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

1y (index) 1.2%
5y (index) 15.9%
10y (index) 61.1%

Rental Range

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

Low £1,214/mo
Realistic £1,349/mo
Optimistic £1,484/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for West Pennine: £449/mo (Apr 2025 – Mar 2026)

Location

Address

James Street

Nearby

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

Type Name Distance
Shop Best-one 0.2 miles
Bus stop Miles Platting, Oldham Road / opposite New Allen Street 0.2 miles
Bus stop Holt Town, Bradford Road / opposite Cambrian Street 0.3 miles
Shop Miles Platting Newsagent 0.3 miles
Train station Manchester Piccadilly 1.1 miles
Train station Manchester Victoria 1.2 miles
University University of Law 1.2 miles
University UCEN Manchester (City Campus) 1.3 miles
Hospital Plymouth Grove Medical Centre 1.9 miles
Hospital Manchester Royal Infirmary 1.9 miles

Street-level crime

Category Count
Other theft 2
Total incidents 2

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
Park View Community Primary Academy Primary 0.1 miles Requires improvement — 18 Jul 2024
St Patrick's RC Primary School Primary 0.5 miles Good — 13 Jan 2022
Abbott Community Primary School Primary 0.5 miles Outstanding — 12 Feb 2019
Collyhurst Nursery School Nursery 0.5 miles Outstanding — 3 Dec 2014
St Anne's RC Primary School Primary 0.6 miles Good — 10 Jul 2015

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 0.67 miles OpenRent
2 Bed Flat, The Waterfront, M11 £1,100/mo 2 0.76 miles OpenRent

Average rent: £1,175/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.62%
Max investor price (0.8%) £146,875
Target investor price (1%) £117,500
Gross yield 7.4%
Cost-to-rent ratio 13.5×
Monthly cashflow £284/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 6.2%
  • 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).

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