Investment Highlights
🏗️ 1. Historic Grade II Listed Mill with Modern Luxury
Spinning Mill is a meticulously restored Grade II-listed former textile mill showcasing a striking six-storey red-brick façade and iconic chimney. Designed by renowned architect George Woodhouse, the development blends industrial heritage with contemporary living, featuring 85 unique one—and two-bedroom apartments adorned with original features like exposed brickwork, steel beams, and high ceilings.
💰 2. Exceptional Rental Yields: Up to 17.5%
Investors can anticipate robust returns, with projected assured shorthold tenancy (AST) yields of 7% and short-let yields reaching up to 17.5%. The development's proximity to Manchester city centre and its appeal to professionals and tourists enhance its rental potential.
📍 3. Prime Location in Manchester's Regeneration Zone
In East Manchester, Spinning Mill benefits from significant public and private investment, transforming the area into a vibrant community hub. Landmarks like SportCity, the Etihad Stadium, and the National Cycling Centre are within a mile, offering residents unparalleled access to sports and leisure facilities.
🚆 4. Excellent Connectivity and Amenities
Residents enjoy seamless connectivity, with the Holt Town Metrolink station nearby and the city centre just a 10-minute walk along the picturesque Rochdale Canal. The development also offers ample parking, a rare feature for central Manchester properties.
📈 5. Strong Capital Growth Prospects
Manchester's property market has demonstrated remarkable resilience and growth, with property values increasing by 6.8% year-on-year. Forecasts predict a 57% rise in property prices by 2028, outpacing other UK cities and highlighting the city's robust economic trajectory.
🏙️ 6. Appealing to a Diverse Tenant Base
The development's blend of historical charm and modern amenities attracts a wide range of tenants, from young professionals to international students. Its location in the 'Little Amsterdam' area, known for its canals and cultural vibrancy, further enhances its desirability.
Numbers at a Glance
Why Invest?
Manchester's Last remaining low entry
Spinning Mill is a striking Grade II former textile mill located on the banks of the Rochdale Canal, to the north east of Manchester city centre.
Designed by prominent Bolton architect George Woodhouse, its bold six-storey red-brick façade and towering chimney have dominated the local skyline for over one and a half centuries.
Although textile production ceased in the 1960s, the mill now offers luxurious one—and two-bedroom apartments and provides an abundance of parking for both residents and visitors (compared with typical Central Manchester developments). These developments have been created for professionals keen to benefit from easy access to the city centre for work and pleasure.
The Mill’s panoramic views across the city and surrounding suburbs can be fully appreciated from each apartment window. It’s an exciting landscape that continues to evolve as significant public and private investment funds the formation of new communities, amenities, attractions, and opportunities.
