# 2 bedroom apartment for rent (M40 7NA)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 311, VICTORIA MILL, 8, LOWER VICKERS STREET, MANCHESTER, GREATER MANCHESTER M40 7NA |
| Price | £1,175 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | A |
| Floor area | 72 m² |
| Last sold | £235,950 Jan 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** D
- **Expiry date:** 26/01/2032
- **Current heating cost:** £659/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8202-9239-0490-0643-4226)

## Description

** Zero Deposit Guarantee Available **

This exceptional second-floor apartment is set within Victoria Mill, a striking listed building that has been thoughtfully converted to combine historic charm with stylish, modern interiors. Finished to a high standard throughout, the property feels brand new and offers everything you need for contemporary city living.

Inside, the apartment boasts two generously sized double bedrooms, making it perfect for professional sharers, couples or anyone needing extra space for a home office. The bright and airy open-plan living area is complemented by large windows and original features, while the sleek, fully fitted kitchen comes complete with integrated white goods, including oven, hob, fridge/freezer and washer/dryer. A modern bathroom suite completes the home, offering both comfort and practicality. The master bedroom offers a ensuite for convenience and privacy.

Victoria Mill is not only a beautiful development but also ideally located. The surrounding area offers a blend of convenience and lifestyle, with local supermarkets, cafés, bars and independent shops just a short walk away. You¿ll also find riverside walks and green spaces nearby, making it easy to enjoy some fresh air away from the buzz of the city.

Transport connections are excellent, with regular bus services, nearby train stations and easy access to major road links, ensuring Manchester city centre is always within easy reach. The development also benefits from secure parking, adding an extra layer of convenience for those with a vehicle.

This is a rare chance to rent a home in such a characterful, historic building without compromising on modern comfort. With two large double bedrooms, high-quality fittings, included white goods and a great location, this apartment is sure to attract strong interest. Council Tax Band: Holding Deposit: £334.00

## Property Photos

- ![ (Main)](/listings/photos/171816335/271055) -  (Main)
- ![Other](/listings/photos/171816335/271068) - Other
- ![Other](/listings/photos/171816335/271072) - Other
- ![Other](/listings/photos/171816335/271082) - Other
- ![Other](/listings/photos/171816335/271083) - Other
- ![Other](/listings/photos/171816335/271086) - Other
- ![Other](/listings/photos/171816335/271090) - Other
- ![Other](/listings/photos/171816335/271091) - Other
- ![Other](/listings/photos/171816335/271093) - Other
- ![Other](/listings/photos/171816335/271094) - Other
- ![Other](/listings/photos/171816335/271098) - Other
- ![Other](/listings/photos/171816335/271100) - Other

## 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 | 0.68 miles | OpenRent |

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

## Rent-driven metrics

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

- **Gross yield:** 1276.6%
- **Monthly cashflow:** £1,095/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3857.5%

*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:** £16/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)