# 2 bedroom flat for sale (M15 4XN)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1605, BLADE TOWER, 15, SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER M15 4XN |
| Price | £360,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | D |
| Floor area | 82 m² |
| Last sold | £342,797 Aug 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 04/07/2033
- **Current heating cost:** £221/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0300-3475-0030-2607-4555)

## Description

Luxury 2-bedroom, 2-bathroom 16th floor apartment at The Blade, offering high-end finishes, premium amenities, and a prime Manchester city centre location near Deansgate.

A stunning 2-bedroom, 2-bathroom apartment set on the 16th floor of The Blade, one of Manchester’s most sought-after developments. 

Finished to a high standard throughout, this impressive home offers a spacious open-plan living and kitchen area with sleek modern units, Bosch appliances, and a built-in wine fridge. Both bedrooms are generous doubles, with the principal bedroom benefiting from its own en-suite, alongside a stylish main bathroom. 

Residents enjoy an outstanding range of on-site facilities including a fully equipped gym with dedicated fitness studio, sauna and steam room, 24-hour concierge, co-working space, residents’ lounge, and a beautifully designed rooftop terrace perfect for catching the afternoon sun. There’s also a landscaped community park at ground level, adding a rare sense of green space in the city. 

Perfectly positioned in the heart of Manchester city centre, you’re just moments from a wide selection of shops, bars, and restaurants, with excellent transport links nearby - Deansgate station is less than a 2-minute walk away.

## Property Photos

- ![Photo](/listings/photos/88969350/1027075)
- ![Photo](/listings/photos/88969350/1027078)
- ![Photo](/listings/photos/88969350/1027080)
- ![Photo](/listings/photos/88969350/1027082)
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- ![Photo](/listings/photos/88969350/1027091)
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- ![Photo](/listings/photos/88969350/1027097)
- ![Photo](/listings/photos/88969350/1027098)
- ![Photo](/listings/photos/88969350/1027099)

## Floorplans

- ![Floor Plan](/listings/photos/88969350/1027100) - Floor Plan

## EPC Graphs

- ![EE Rating](/listings/photos/88969350/1027101) - EE Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| BLADE TOWER, 15 FLAT 1605 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4XN | £342,797 | 14/08/2023 | 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 |
|---------|-------|------|------|
| CASTLEGATE, 2 FLAT 507 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4QG | £350,000 | 09/01/2026 | Flat |
| CASTLEGATE, 2 FLAT 410 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4QG | £210,000 | 08/01/2026 | Flat |
| 141 FLAT 1901 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £357,000 | 02/12/2025 | Flat |
| 2A FLAT B603 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SB | £430,000 | 20/05/2025 | Flat |
| 141 FLAT 1108 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZF | £429,000 | 06/09/2024 | Flat |
| 16 FLAT 1111 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZE | £420,000 | 18/12/2023 | Flat |
| 16 FLAT 902 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD | £400,000 | 12/12/2023 | Flat |
| MIDDLE WAREHOUSE APARTMENT 412 CASTLE QUAY, MANCHESTER, GREATER MANCHESTER, M15 4NT | £200,500 | 07/12/2023 | Flat |
| 141 FLAT 1512 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £385,000 | 31/10/2023 | Flat |
| 2A FLAT A606 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA | £279,000 | 10/08/2023 | Flat |
| 141 FLAT 1603 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £263,900 | 12/05/2023 | Flat |
| 16 FLAT 806 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD | £295,000 | 12/01/2023 | Flat |
| 16 FLAT 1604 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZE | £570,000 | 06/01/2023 | Flat |
| 141 FLAT 2711 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZH | £420,000 | 21/12/2022 | Flat |
| 16 FLAT 1506 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZE | £282,915 | 05/12/2022 | Flat |
| 141 FLAT 708 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZF | £335,000 | 29/11/2022 | Flat |
| 2A FLAT A607 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA | £424,950 | 18/11/2022 | Flat |
| 141 FLAT 1912 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £385,000 | 11/11/2022 | Flat |
| 2A FLAT B1904 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SD | £685,000 | 04/11/2022 | Flat |
| 16 FLAT 1802 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZE | £1,597,000 | 28/10/2022 | Flat |

**Area average:** £435,963 (20 sales)

## Price vs local average

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

- **Local average:** £238,629 (78 Flat, M15, 2024–2026)
- **Deviation:** +50.9%

## Rental Range

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

- **Low:** £859/mo
- **Realistic:** £954/mo
- **Optimistic:** £1,049/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, Blade Tower, M15 | £2,400/mo | 2 | 0.01 miles | OpenRent |
| 2 Bed Flat, Silvercroft St, M15 | £2,300/mo | 2 | 0.01 miles | OpenRent |
| 2 Bed Flat, Silvercroft Street, M15 | £1,850/mo | 2 | 0.05 miles | OpenRent |
| 2 Bed Flat, Chester Road, M15 | £2,200/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Flat, Elizabeth Tower, M15 | £2,095/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Flat, Elizabeth Tower At Crown Street, M15 | £1,850/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Flat, Silvercroft Street, M15 | £2,000/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Flat, Chester Road, M15 | £1,800/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Flat, Elizabeth Tower, M15 | £2,000/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Flat, Owen Street, M15 | £2,400/mo | 2 | 0.14 miles | OpenRent |
| 2 Bed Flat, Owen Street, M15 | £2,500/mo | 2 | 0.15 miles | OpenRent |
| 2 Bed Flat, Owen St, M15 | £1,750/mo | 2 | 0.15 miles | OpenRent |
| 2 Bed Flat, Deansgate, M3 | £1,800/mo | 2 | 0.15 miles | OpenRent |

**Average rent: £2,073/mo (13 listings)**

## 1% Rule

- **Rent ratio:** 0.56% (weak for cashflow)
- **Max investor price (0.8%):** £250,000
- **Target investor price (1%):** £200,000

*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 £2,000/mo).*

- **Gross yield:** 6.7%
- **Cost-to-rent:** 15×
- **Monthly cashflow:** £357/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.1%

*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:** £4,390/m²

## Capital growth trend

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

- **5y growth:** -23.5%
- **10y growth:** 23.3%

## House Price Index (HM Land Registry)

*Official index for North West; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** 3.7%
- **5y growth (index):** 12.9%
- **10y growth (index):** 43.4%

## 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)