# 2 bedroom flat for sale (M15 4LG)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 56, WORSLEY MILL, 10, BLANTYRE STREET, MANCHESTER, GREATER MANCHESTER M15 4LG |
| Price | £230,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | D |
| Construction age | England and Wales: before 1900 |
| Floor area | 64 m² |
| Last sold | £236,000 Jun 2021 |

## EPC Rating & Upgrade Cost

- **Current rating:** F
- **Potential rating:** C
- **Expiry date:** 16/08/2030
- **Current heating cost:** £1,480/year
- **Est. upgrade cost to C:** £12,600

### Recommendations
- A3 (£1,500 - £2,700)
- Q (£4,000 - £14,000)
- L2 (£1,200 - £1,800)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8101-4735-0022-4996-4803)

## Description

Jordan Fishwick are pleased to offer for sale this third floor duplex apartment which oozes character from top to bottom! It is housed in a grade II listed building situated in the heart of Castlefield, boasting a wealth of original features such as exposed brickwork, wooden beams and double height ceilings throughout this apartment is perfect for those seeking charm and character. EWS1 IN PLACE. NO ONWARD CHAIN.

Located on Blantyre Street, Worsley Mill is the perfect location to enjoy the wonderful Canal walk path, bars and restaurants Castlefield has to offer such as The Wharf, Barca Bar, Albert Shed, and Dukes 92. The location is conveniently located within a small walking distance from 2 tram stops, a train station, Manchester City Centre and Spinningfields.

The downstairs comprises of entrance hallway with spiral staircase, stylish white bathroom suite, open plan living area with a modern kitchen.  There is also a double bedroom.  Upstairs comprises of spacious mezzanine master bedroom with en suite shower room. This apartment comes with a secure allocated underground parking space. Viewing is strongly recommended!

**Entrance Hallway** - Laminate Flooring, storage cupboard, video entry intercom system. Spiral staircase to mezzanine level. Door to bedroom two and living area.

**Living Room** - 2.7m x 7.7m - Stunning open plan living and kitchen area with continuation of laminate flooring, vaulted ceilings, exposed beams and brickwork. Velux skylight. Double glazed window to side elevation. Television and telephone connection points. Open through to kitchen

**Kitchen** - Modern fully fitted kitchen with range of matching white gloss base and eye level units and complimentary roll top work surfaces over. Space for fridge/freezer, integrated electric oven, ceramic hob and stainless steel extractor hood. Stainless steel sink and circular sink. Laminate flooring

**Bedroom Two** - 4.2m x 2.5m - Fitted carpet, double glazed window to side elevation. Exposed brickwork, Iron beam and vaulted ceiling. Wall mounted electric heater.

**Bathroom** - Newly tiled white bathroom suite with curved panel bath with mixer shower rover and glass screen. Modern heated towel rail (programmable by App on phone). Back to wall WC,  pedestal sink with mixer tap over. Partially tiled.

**Master Bedroom** - 4.5m x 5.3m - Fitted carpet, Exposed brickwork, Iron beam and vaulted ceiling. Wall mounted electric heater. Door to Ensuite

**Ensuite** - Corner shower unit with mixer shower over. Exposed brickwork, chrome heated towel rail. Back to wall WC,  ceramic bowl with chrome mixer tap over.

**Externally** - Allocated parking space included. Lift servicing all floors.

**Additional Information** - Service charges - £264 per month including buildings insurance

Lease - 999 years from 2002

Ground rent - £150 per annum

Council Tax Band D

**Agents Note** - To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.

## Property Photos

- ![Photo](/listings/photos/89570994/674022)
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- ![Photo](/listings/photos/89570994/674050)
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## Floorplans

- ![Floorplan 1](/listings/photos/89570994/674054) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/89570994/674055) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| WORSLEY MILL, 10 APARTMENT 56 BLANTYRE STREET, MANCHESTER, GREATER MANCHESTER, M15 4LG | £236,000 | 21/06/2021 | Flat |
| WORSLEY MILL, 10 APARTMENT 56 BLANTYRE STREET, MANCHESTER, GREATER MANCHESTER, M15 4LG | £215,000 | 21/10/2016 | Flat |
| WORSLEY MILL, 10 APARTMENT 56 BLANTYRE STREET, MANCHESTER, GREATER MANCHESTER, M15 4LG | £165,000 | 20/01/2012 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| WHITWORTH, 39 FLAT 203 POTATO WHARF, MANCHESTER, GREATER MANCHESTER, M3 4BH | £204,000 | 14/01/2026 | Flat |
| 1 APARTMENT 1136 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LE | £210,000 | 09/01/2026 | Flat |
| TIMBER WHARF, 32 APARTMENT 226 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NX | £188,000 | 08/01/2026 | Flat |
| THE BOX WORKS, 4 APARTMENT 410 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU | £230,000 | 15/12/2025 | Flat |
| 42 APARTMENT 214 ELLESMERE STREET, MANCHESTER, GREATER MANCHESTER, M15 4FY | £110,000 | 12/12/2025 | Flat |
| THE BOX WORKS, 4 APARTMENT 202 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU | £266,250 | 28/11/2025 | Flat |
| TIMBER WHARF, 32 APARTMENT 415 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NY | £250,000 | 24/11/2025 | Flat |
| 3 APARTMENT 406 BURTON PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LR | £170,000 | 30/10/2025 | Flat |
| THE BOX WORKS, 4 APARTMENT 302 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU | £250,000 | 10/10/2025 | Flat |
| 3 APARTMENT 201 BURTON PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LR | £130,000 | 31/07/2025 | Flat |
| BRIDGEWATER HOUSE, 7 FLAT 14 SLATE WHARF, MANCHESTER, GREATER MANCHESTER, M15 4SW | £195,000 | 11/07/2025 | Flat |
| 1A FLAT 706 SPINNERS WAY, MANCHESTER, GREATER MANCHESTER, M15 4UY | £202,000 | 07/07/2025 | Flat |
| TIMBER WHARF, 32 APARTMENT 511 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NY | £285,000 | 17/06/2025 | Flat |
| IRWELL HOUSE, 13 FLAT 8 SLATE WHARF, MANCHESTER, GREATER MANCHESTER, M15 4SW | £297,000 | 06/06/2025 | Flat |
| TIMBER WHARF, 32 APARTMENT 515 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NY | £190,000 | 17/04/2025 | Flat |
| GOODWIN BUILDING, 41 FLAT 604 POTATO WHARF, MANCHESTER, GREATER MANCHESTER, M3 4NU | £238,000 | 09/01/2025 | Flat |
| TIMBER WHARF, 32 APARTMENT 718 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NZ | £340,000 | 09/08/2024 | Flat |
| IRWELL HOUSE, 13 FLAT 14 SLATE WHARF, MANCHESTER, GREATER MANCHESTER, M15 4SW | £264,000 | 08/12/2023 | Flat |
| GOODWIN BUILDING, 41 FLAT 713 POTATO WHARF, MANCHESTER, GREATER MANCHESTER, M3 4NU | £322,000 | 22/11/2023 | Flat |
| ROCHDALE HOUSE, 19 FLAT 16 SLATE WHARF, MANCHESTER, GREATER MANCHESTER, M15 4SX | £185,000 | 17/11/2023 | Flat |

**Area average:** £226,313 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £243,036 (72 Flat, M15, 2024–2026)
- **Deviation:** -5.4%

## Rental Range

*ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,214/mo
- **Realistic:** £1,349/mo
- **Optimistic:** £1,484/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Richmond & Hambleton (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £549/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Deansgate, M3 | £1,800/mo | 2 | 0.29 miles | OpenRent |

**Average rent: £1,800/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.78% (weak for cashflow)
- **Max investor price (0.8%):** £225,000
- **Target investor price (1%):** £180,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,800/mo).*

- **Gross yield:** 9.4%
- **Cost-to-rent:** 10.6×
- **Monthly cashflow:** £689/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 12.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £3,594/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -27.3%
- **10y growth:** 30%

## House Price Index (HM Land Registry)

*Official index for Manchester; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -1.4%
- **5y growth (index):** 9.1%
- **10y growth (index):** 58.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
