£260,000
(£322/sq. ft)
2 bed flat for saleLoom Building, New Islington, Ancoats M4
2 beds
2 baths
1 reception
807 sq. ft
EPC Rating: C
- Leasehold
The Good Estate Agency
.png)
About this property
Two bedroom apartment
Bathroom & en suite
Fifth floor
Allocated parking
Spacious living & dining room
Balcony
Fully integrated kitchen
Currently let for £1,300PCM until 14/1/26 (with A break clause), achieving A rental yield of 6%
Located close to the northern quarter, ancoats & piccadilly station
New islington location
Nestled in the vibrant area of New Islington, Ancoats, the Loom Building presents an exceptional opportunity for those seeking a modern apartment in a prime location. This fifth-floor residence boasts a generous 807 square feet of living space, featuring two well-proportioned bedrooms and two contemporary bathrooms, making it ideal for professionals or small families.
Upon entering, you are greeted by a spacious open-plan living area that seamlessly integrates the kitchen and lounge, creating a perfect environment for both relaxation and entertaining. The apartment is further enhanced by a delightful balcony, offering a charming outdoor space to enjoy the fresh air and views of the surrounding area.
For those with a vehicle, an allocated parking space is included, providing added convenience in this bustling neighbourhood. The property is currently let at £1,300 per calendar month until January 2026, with a break clause available, presenting an attractive rental yield of 6%. This makes it an excellent investment opportunity for discerning buyers.
The location is particularly advantageous, with the New Islington tram stop just a short stroll away, ensuring easy access to the wider city. Additionally, the trendy Northern Quarter and Piccadilly Train Station are within walking distance, placing a wealth of amenities, shops, and dining options at your fingertips.
In summary, this apartment in the Loom Building offers a harmonious blend of modern living, convenience, and investment potential in one of Manchester's most sought-after areas. Do not miss the chance to make this exceptional property your own.
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
More information
Tenure
Leasehold (242 years)
Service charge
£3,050 per year
Council tax band
C
Ground rent
£286
Ground rent date of next review