Price From £250,000 - Available


Once home to one of Manchester`s major metalworks factories, The Loom at Vulcan Mill is a contemporary residence located within New Islington`s regeneration area. The new build gracefully interweaves Manchester`s recent transformation while still being reminiscent of the area`s cotton milling heritage.



The Loom at Vulcan Mill is strategically located east of Manchester city centre in the heart of an upcoming area at the beginning of its urban renaissance.

Only 100 meters from New Islington tram stop, Manchester City is at a finger tips reach. Piccadilly, the site of Manchester`s HS2 station is only one stop away and Manchester City Centre, the creative Northern Quarter and Etihad Stadium are all within minutes of the location.



The development is estimated to be completed in Q1 2019, and offers a selection of one and two bedrooms. Prices for one beds range between £170,000-£183,000, and two beds are between £250,000-£292,000



Tenure

Lease term - 250 years

Service charge - Estimated £1.94/PSF

Ground rent - 1 bed and 2 beds £250 p.a.



Payment process

1. A copy of your passport

2. A completed Unit Application Form

3. Payment of the £2500 client fee at the time of reservation

4. 10% on exchange

5. 5% 6 weeks after exchange with balance upon completion

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Property Features

  • High-spec new build apartments
  • Expected rental yield up to 5.60%
  • 250-year leasehold
  • 2-minute tram ride to Piccadilly
  • One & Two bedrooms available
  • Completion Q1 2019
  • 13-minute walk to the Northern Quarter

More Information