For sale Flat

Chester Road

Manchester, Greater Manchester, M15, M15 4ZG

2 beds 2 baths Listed 14 Jul 2025 (-372d)

£360,328

Reduced on 12 Mar 2026

Save

# 2 bedroom apartment for sale (M15 4ZG)

## Property Details

| Key | Value |
|-----|-------|
| Address | Chester Road, Manchester, Greater Manchester, M15, M15 4ZG |
| Price | £360,328 |
| Bedrooms | 2 |
| Bathrooms | 2 |

## Description

Set within Manchester's most vibrant new district, this superbly designed 2-bedroom apartment in Elizabeth Tower delivers 14th-floor city views and access to premium lifestyle amenities.

Enjoy exclusive use of first-class resident features, including a luxury gym, dedicated yoga and spin studios, use of an incredible 44th-floor swimming pool and roof terrace, a calming sauna, and beautifully curated co-working areas - all just a short stroll from Castlefield's canals and the city's finest restaurants, shops, and transport connections.

Whether you're seeking a stylish home or a high-performing investment, Elizabeth Tower is a true skyline icon that redefines luxury living in Manchester.

Apartment Features:

- Two generous double bedrooms

- Two sleek bathrooms, including a private en-suite

- Bright open-plan kitchen/living area with floor-to-ceiling glazing

- High-spec integrated appliances: fridge/freezer, oven, induction hob, dishwasher, washer/dryer

- Elevated position with wide-reaching views across the city

## Property Photos

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## Floorplans

- ![Floorplan 1](/listings/photos/164488655/845867) - Floorplan 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 141 FLAT 1901 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £357,000 | 02/12/2025 | Flat |
| 141 FLAT 1512 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £385,000 | 31/10/2023 | Flat |
| 141 FLAT 1603 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £263,900 | 12/05/2023 | Flat |
| 141 FLAT 1912 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £385,000 | 11/11/2022 | Flat |
| 141 FLAT 1602 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £384,000 | 19/08/2022 | Flat |
| 141 FLAT 1205 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £327,220 | 29/07/2022 | Flat |
| 141 FLAT 1408 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £317,727 | 29/07/2022 | Flat |
| 141 FLAT 1704 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £256,484 | 29/07/2022 | Flat |
| 141 FLAT 1401 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £304,770 | 29/07/2022 | Flat |
| 141 FLAT 1709 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £237,458 | 29/07/2022 | Flat |
| 141 FLAT 1202 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £327,220 | 29/07/2022 | Flat |
| 141 FLAT 1411 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £318,829 | 29/07/2022 | Flat |
| 141 FLAT 1206 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £289,061 | 29/07/2022 | Flat |
| 141 FLAT 1409 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £234,706 | 29/07/2022 | Flat |
| 141 FLAT 1701 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £307,981 | 29/07/2022 | Flat |
| 141 FLAT 1404 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £253,696 | 29/07/2022 | Flat |
| 141 FLAT 1710 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £237,458 | 29/07/2022 | Flat |
| 141 FLAT 1201 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £302,629 | 29/07/2022 | Flat |
| 141 FLAT 1702 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £333,382 | 29/07/2022 | Flat |
| 141 FLAT 1207 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £289,061 | 29/07/2022 | 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 |
| 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 |
| 2A FLAT A606 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA | £279,000 | 10/08/2023 | 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 |
| 3 APARTMENT 200 BLANTYRE STREET, MANCHESTER, GREATER MANCHESTER, M15 4EG | £175,000 | 25/11/2022 | Flat |
| 2A FLAT A607 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA | £424,950 | 18/11/2022 | 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 |
| 16 FLAT 909 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD | £340,000 | 26/10/2022 | Flat |
| 2A FLAT A506 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA | £254,700 | 19/10/2022 | Flat |
| 2A FLAT B1202 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SD | £450,000 | 22/09/2022 | Flat |
| [Same street] 141 FLAT 1209 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £232,871 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1712 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £303,037 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1705 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £333,382 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1406 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £291,202 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1203 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £251,837 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1402 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £329,685 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1706 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £294,415 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1407 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £291,202 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1210 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £232,871 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1403 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £253,696 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1707 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £294,415 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1410 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £234,706 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1211 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £316,364 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1204 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £251,837 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1708 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £321,468 | 29/07/2022 | Flat |

**Street average:** £282,199 (15 sales)
**Area average:** £427,403 (20 sales)

## Price vs local average

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

- **Local average:** £238,299 (77 Flat, M15, 2024–2026)
- **Deviation:** +51.2%

## Rental Range

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

- **Low:** £1,217/mo
- **Realistic:** £1,352/mo
- **Optimistic:** £1,487/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, Silvercroft Street, M15 | £1,950/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Flat, Spinners Way, M15 | £1,250/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, Lumiere Building, M15 | £1,450/mo | 2 | 0.24 miles | OpenRent |
| 2 Bed Flat, Lumiere Building, M15 | £1,400/mo | 2 | 0.25 miles | OpenRent |
| 2 Bed Flat, Water Street, M3 | £1,250/mo | 2 | 0.34 miles | OpenRent |
| 2 Bed Flat, Royce Road, M15 | £1,170/mo | 2 | 0.34 miles | OpenRent |
| 2 Bed Flat, The Hacienda, M1 | £1,300/mo | 2 | 0.34 miles | OpenRent |

**Average rent: £1,396/mo (7 listings)**

## 1% Rule

- **Rent ratio:** 0.36% (weak for cashflow)
- **Max investor price (0.8%):** £162,500
- **Target investor price (1%):** £130,000

*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 £1,300/mo).*

- **Gross yield:** 4.3%
- **Cost-to-rent:** 23.1×
- **Monthly cashflow:** £-274/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -3.1%

*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).*

## Capital growth trend

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

- **5y growth:** -25.7%
- **10y growth:** 25.8%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -1.4%
- **5y growth (index):** 8.8%
- **10y growth (index):** 57%

## 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)

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Property details

Tenure

LEASEHOLD (995 years remaining on lease)

Local average

£238,299 (+51.2%)

Street crime

3 incidents within 1 mile (May 2026)

Key features

Swimming pool
Resident gym
Coworking lounge
Private dining rooms
24/7 concierge
Prime city centre location
24-hour reception
Landscaped park
24/7 parcel collection

Additional details

Garden: Yes

Description

Set within Manchester's most vibrant new district, this superbly designed 2-bedroom apartment in Elizabeth Tower delivers 14th-floor city views and access to premium lifestyle amenities.

Enjoy exclusive use of first-class resident features, including a luxury gym, dedicated yoga and spin studios, use of an incredible 44th-floor swimming pool and roof terrace, a calming sauna, and beautifully curated co-working areas - all just a short stroll from Castlefield's canals and the city's finest restaurants, shops, and transport connections.

Whether you're seeking a stylish home or a high-performing investment, Elizabeth Tower is a true skyline icon that redefines luxury living in Manchester.

Apartment Features:
- Two generous double bedrooms
- Two sleek bathrooms, including a private en-suite
- Bright open-plan kitchen/living area with floor-to-ceiling glazing
- High-spec integrated appliances: fridge/freezer, oven, induction hob, dishwasher, washer/dryer
- Elevated position with wide-reaching views across the city

Listed by

Select Residential (SP) LTD

Reference: 164488655

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

24% since 2022

Event	Date	Price	% change
Listed for sale	—	£360,328	+0.9%
Sold	02/12/2025 (7 months ago)	£357,000	-7.3%
Sold	31/10/2023 (2 years ago)	£385,000	+45.9%
Sold	12/05/2023 (3 years ago)	£263,900	-31.5%
Sold	11/11/2022 (3 years ago)	£385,000	+0.3%
Sold	19/08/2022 (3 years ago)	£384,000	+17.4%
Sold	29/07/2022 (3 years ago)	£327,220	+3%
Sold	29/07/2022 (3 years ago)	£317,727	+23.9%
Sold	29/07/2022 (3 years ago)	£256,484	-15.8%
Sold	29/07/2022 (3 years ago)	£304,770	+28.3%
Sold	29/07/2022 (3 years ago)	£237,458	-27.4%
Sold	29/07/2022 (3 years ago)	£327,220	+2.6%
Sold	29/07/2022 (3 years ago)	£318,829	+10.3%
Sold	29/07/2022 (3 years ago)	£289,061	+23.2%
Sold	29/07/2022 (3 years ago)	£234,706	-23.8%
Sold	29/07/2022 (3 years ago)	£307,981	+21.4%
Sold	29/07/2022 (3 years ago)	£253,696	+6.8%
Sold	29/07/2022 (3 years ago)	£237,458	-21.5%
Sold	29/07/2022 (3 years ago)	£302,629	-9.2%
Sold	29/07/2022 (3 years ago)	£333,382	+15.3%
Sold	29/07/2022 (3 years ago)	£289,061	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

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
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
2A FLAT A606 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA	£279,000	10/08/2023	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
3 APARTMENT 200 BLANTYRE STREET, MANCHESTER, GREATER MANCHESTER, M15 4EG	£175,000	25/11/2022	Flat
2A FLAT A607 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA	£424,950	18/11/2022	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
16 FLAT 909 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD	£340,000	26/10/2022	Flat
2A FLAT A506 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA	£254,700	19/10/2022	Flat
2A FLAT B1202 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SD	£450,000	22/09/2022	Flat
Same street 141 FLAT 1209 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£232,871	29/07/2022	Flat
Same street 141 FLAT 1712 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£303,037	29/07/2022	Flat
Same street 141 FLAT 1705 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£333,382	29/07/2022	Flat
Same street 141 FLAT 1406 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£291,202	29/07/2022	Flat
Same street 141 FLAT 1203 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£251,837	29/07/2022	Flat
Same street 141 FLAT 1402 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£329,685	29/07/2022	Flat
Same street 141 FLAT 1706 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£294,415	29/07/2022	Flat
Same street 141 FLAT 1407 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£291,202	29/07/2022	Flat
Same street 141 FLAT 1210 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£232,871	29/07/2022	Flat
Same street 141 FLAT 1403 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£253,696	29/07/2022	Flat
Same street 141 FLAT 1707 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£294,415	29/07/2022	Flat
Same street 141 FLAT 1410 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£234,706	29/07/2022	Flat
Same street 141 FLAT 1211 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£316,364	29/07/2022	Flat
Same street 141 FLAT 1204 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£251,837	29/07/2022	Flat
Same street 141 FLAT 1708 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG	£321,468	29/07/2022	Flat

Street average: £282,199 (15 sales)

Area average: £427,403 (20 sales)

Capital growth trend

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

5y growth -25.7%

10y growth 25.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of April 2026.

1y (index) -1.4%

5y (index) 8.8%

10y (index) 57%

Company ownership

Registered legal owner is a company.

Company-owned (UK company) Company-owned (Overseas company)

Company: ZEM PROPERTY LIMITED (SC618761)

Rental Range

Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,217/mo

Realistic £1,352/mo

Optimistic £1,487/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for Richmond & Hambleton: £549/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M15 4ZG

Address

141 Chester Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	CHESTER Road/Castlegate	0.1 miles
Shop	Freedom Vision	0.1 miles
Shop	Unknown	0.1 miles
Bus stop	Chorlton Road/Chester Road	0.1 miles
Train station	Deansgate	0.2 miles
Train station	Manchester Oxford Road	0.6 miles
University	Manchester Metropolitan University	0.7 miles
University	Manchester School of Art	0.8 miles
Hospital	Salford Gastric Bypass Surgery	1.9 miles
Hospital	The Ailsa Craig Medical Practise	2.3 miles

Street-level crime

Category	Count
Violence and sexual offences	2
Drugs	1
Total incidents	3

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
St Wilfrid's RC Primary School	Primary	0.3 miles	Good — 25 Jun 2023
St Philip's Church of England Primary School	Primary	0.5 miles	Good — 5 Feb 2014
Rolls Crescent Primary School	Primary	0.5 miles	Good — 20 May 2015
Old Trafford Community Academy	Primary	0.6 miles	— (Inspected (no overall grade))
Loreto College	Other	0.7 miles	— (No rating)

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, Silvercroft Street, M15	£1,950/mo	2	0.06 miles	OpenRent
2 Bed Flat, Spinners Way, M15	£1,250/mo	2	0.22 miles	OpenRent
2 Bed Flat, Lumiere Building, M15	£1,450/mo	2	0.24 miles	OpenRent
2 Bed Flat, Lumiere Building, M15	£1,400/mo	2	0.25 miles	OpenRent
2 Bed Flat, Water Street, M3	£1,250/mo	2	0.34 miles	OpenRent
2 Bed Flat, Royce Road, M15	£1,170/mo	2	0.34 miles	OpenRent
2 Bed Flat, The Hacienda, M1	£1,300/mo	2	0.34 miles	OpenRent

Average rent: £1,396/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.36%

Max investor price (0.8%) £162,500

Target investor price (1%) £130,000

Gross yield 4.3%

Cost-to-rent ratio 23.1×

Monthly cashflow £-274/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -3.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).