A multi-million funding deal has been agreed to repurpose one of Manchester’s oldest surviving Victorian mills.
After £55 million plans to reimagine Talbot Mill into a 10-storey apartment block began back in May of last year, social impact developers Capital&Centric have now agreed a £37 million deal with Paragon Bank to finance the restoration of the historic mill and repurpose it into 190 new distinctive properties for rent.
Built in 1855 overlooking the canal, the imposing red-brick mill on Ellesmere Street in the Castlefield neighbourhood was the product of Manchester’s textile boom.
One of the city’s last massive mills to be restored, it was Talbot that spearheaded the rapid transformation of the Cornbrook area from undeveloped land to a powerful industrial hub in the late 19th century, before going on to dominate the local cotton industry in the early 1900s.
It was even used as a mushroom farm in the 1980s, while more recently, it has been the set of a period drama and a massive art exhibition.
But when the restoration is complete, over half the development will be newly-built and will offer residents of the nearly 200 ‘distinctive’ apartments a lush hidden garden, with plenty of green spaces to meet and hang out, while still managing to celebrate the mill’s past and retain loads of original features.
Capital&Centric is developing Talbot Mill as an investment, which it will retain for rent once finished.
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This is something the developers have already done successfully on a number of sites in recent years, especially in its lengthy run of restoring Manchester’s iconic listed buildings and mixing the old in with the new.
One of Manchester’s oldest surviving Victorian mills will be repurposed into ‘distinctive’ rental homes / Credit: Capital&Centric
“We love to restore and repurpose historic buildings,” explained Tom Wilmot, who is the joint managing director at Capital&Centric.
“But as one of Manchester’s oldest mills, Talbot Mill is something a bit different, so we’re buzzing to be bringing it back to its former glory, [as] it had a huge role to play in the industrial revolution in the city and now it gets to be part of the city’s future.
“We’re retaining as many features as we can, to keep the history of the mill alive and so that our residents can enjoy becoming custodians of the past whilst enjoying all the trappings of modern-day living.”
Featured Image – Capital&Centric
Property
Molly-Mae Hague revisits first Manchester flat, now on the market for £185k
Daisy Jackson
Molly-Mae Hague’s first Manchester flat is now on the market for £185k – and the star herself has paid a visit to her old digs.
Those who have been following Molly-Mae since before she shot to serious fame on Love Island will have recognised the backdrop of her recent TikTok video.
The 27-year-old reality TV star and businesswoman posed around the one-bedroom flat, dancing to Sabrina Carpenter’s ‘House Tour’.
The apartment is where she lived just before entering Love Island, and where she and now-fiance Tommy Fury lived briefly when they left the show.
And now that exact flat where she really launched her social media career has been listed for sale, at £185,000.
The corner apartment stands on the 17th floor of Islington Wharf, overlooking New Islington tram stop and right on the doorstep of Ancoats.
Her former landlord, who arranged for Molly-Mae to have one look around her old flat before it’s sold, said that she was a ‘lovely, polite and down-to-earth young woman, and an excellent tenant who looked after the apartment extremely well.’
The one bedroom apartment has double-aspect floor-to-ceiling windows which look across Manchester on one side, and out towards the Pennines on the other.
It’s listed for sale with no chain and the option to include existing furnishings (which seems to include the same couch Molly-Mae had at the time).
The flat also has a kitchen/living space, a communal garden, superfast broadband, and is within walking distance of Manchester Piccadilly.
New measures announced to tackle ‘rogue’ landlords across Greater Manchester
Emily Sergeant
A cohort of trained enforcement officers are set to hit the streets in all 10 boroughs to help improve the lives of the region’s renters.
Forming part of Greater Manchester‘s commitment to the highest-quality housing standards alongside the Good Landlord Charter, the newly trained enforcement officers will be tasked with protecting tenants, joining Council teams in checking rental properties, bringing enforcement action against bad landlords, and cracking down on illegal practices.
The introduction of the new enforcement officers comes after what has been ‘years of sustained pressure’ on local budgets.
Greater Manchester Combined Authority (GMCA) says it is working with the 10 councils across the region to strengthen local teams, rebuild in-house skills and expertise, and ensure that powers can be applied with consistency in all boroughs.
As mentioned, this is happening alongside the Good Landlord Charter – which is GMCA’s ‘bold approach’ to drive up standards for renters across the region.
Landlords of more than half of rented properties in Greater Manchester have now signed up as supporters of the Charter, and as supporters, they have committed to going above and beyond legal minimums to improve the renting experience for hundreds of thousands of people.
“A safe place to call home is the cornerstone of a happy, healthy life,” explained Mayor Bev Craig. “But for years, people have felt trapped in poor-quality housing, and cash-strapped councils were unable to step in to help. I’m putting an end to that.
“We know there are plenty of good landlords in Greater Manchester, and many of them have already signed up to our Good Landlord Charter, but too many are just not good enough.
“That’s why we’re deploying a new generation of expert housing officers onto the streets of our towns and cities.”
Mayor Bev Craig declared that she ‘won’t stand by and let rogue landlords take advantage of people’.
She continued: “By empowering renters, working with responsible landlords, and using our powers to crack down on the bad ones, I will make sure everyone in Greater Manchester has the foundation for a good life.”
Emily Sergeant -
19th February 2025 
