# 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 1405 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £329,685 | 29/07/2022 | Flat |
| 141 FLAT 1711 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £322,526 | 29/07/2022 | Flat |
| 141 FLAT 1210 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £232,871 | 29/07/2022 | Flat |
| 141 FLAT 1706 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £294,415 | 29/07/2022 | Flat |
| 141 FLAT 1208 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £315,233 | 29/07/2022 | Flat |
| 141 FLAT 1412 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £299,826 | 29/07/2022 | Flat |
| 141 FLAT 1712 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £303,037 | 29/07/2022 | Flat |
| 141 FLAT 1406 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £291,202 | 29/07/2022 | Flat |
| 141 FLAT 1211 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £316,364 | 29/07/2022 | Flat |
| 141 FLAT 1707 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £294,415 | 29/07/2022 | Flat |
| 141 FLAT 1209 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £232,871 | 29/07/2022 | Flat |
| 141 FLAT 1703 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £256,484 | 29/07/2022 | Flat |
| 141 FLAT 1204 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £251,837 | 29/07/2022 | Flat |
| 141 FLAT 1407 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £291,202 | 29/07/2022 | Flat |
| 141 FLAT 1402 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £329,685 | 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 1708 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £321,468 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1409 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £234,706 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1201 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £302,629 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1205 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £327,220 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1709 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £237,458 | 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 1212 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £297,686 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1206 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £289,061 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1710 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £237,458 | 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 1401 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £304,770 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1207 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £289,061 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1704 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £256,484 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1411 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £318,829 | 29/07/2022 | Flat |
| [Same street] 141 FLAT 1404 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £253,696 | 29/07/2022 | Flat |

**Street average:** £282,574 (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:** -25.8%
- **10y growth:** 22.5%

## 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)
