The grade two-listed Meadow Mill building, is being converted into 213 flats by IIG’s Saudi Arabia-based investor, and is due to complete in July 2021. The freehold 178,000 sq ft was bought in July 2018. The seven-storey mill, which was built in 1880, was originally occupied by T&J Leigh for cotton and wool spinning. The building apartments offer a 6% yield of one, two and three-bedroom apartments, as well as multiple penthouses. The commercial units spread over 24,000 sq ft and a further 2,000 sq ft is allocated for restaurant use. The building was sold out 6 months prior to the completion of the construction.