Sold STC Flat

APARTMENT 533

5 KELSO PLACE, MANCHESTER, MANCHESTER, GREATER MANCHESTER M15 4GY

2 beds 2 baths Listed 28 Nov 2025 (-234d)

£205,000

Reduced on 15 May 2026

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Property details

Tenure

LEASEHOLD (104 years remaining on lease)

Council tax band

TBC

Last sold

£196,225 May 2007

Local average

£237,712 (-13.8%)

Deprivation

Decile 7 (23,475 of 33,755)

Street crime

0 incidents within 1 mile (May 2026)

Key features

  • 3rd Floor Location With Panoramic Manchester City Views
  • Spacious Open-Plan Living Area With Natural Light & Private Balcony
  • Modern Integrated Kitchen With High-Quality Appliances
  • Two Generous Double Bedrooms With Built-In Wardrobes
  • Master Bedroom With Contemporary En-Suite
  • Separate Family Bathroom With Sleek Design
  • Private Balcony For Outdoor Relaxation
  • Allocated Secure Off-Road Parking Space
  • Lift Access To All Floors For Convenience
  • 24-Hour Concierge Service & Landscaped Communal Gardens

Additional details

Parking
Yes

Description

Situated on the 3rd floor of the prestigious St George’s Island development, this exceptional two-bedroom, two-bathroom apartment offers a unique opportunity to experience modern living in the heart of Manchester. With stunning panoramic views, a spacious open-plan design, and the convenience of a private balcony, this property provides the ideal living space for both professionals and investors.

The apartment greets you with a bright and airy hallway that leads into the expansive open-plan living, dining, and kitchen area. The large windows that span the living room offer breathtaking views of the cityscape, while also allowing an abundance of natural light to fill the space. The open design seamlessly blends the living and dining areas, creating a perfect environment for both relaxation and entertaining. The private balcony, accessible from the living area, is an excellent spot for enjoying the views and fresh air.

The kitchen is a standout feature, with sleek contemporary cabinetry and integrated appliances, including an oven, hob, fridge/freezer, and dishwasher. The spacious layout provides ample storage and work surface area, making it a perfect space for those who enjoy cooking or hosting guests.

The master bedroom is generously proportioned, featuring built-in wardrobes and an en-suite bathroom with a modern, stylish finish. The second bedroom is also a good size, offering flexibility for use as a guest room, home office, or additional living space. The family bathroom, equally well-presented, is perfect for guests and is fitted with contemporary fixtures and high-quality finishes.

The property comes with an allocated parking space, providing secure off-road parking in a sought-after location. The 3rd floor position ensures privacy, and with lift access to all floors, the apartment is easily accessible for everyone.

St George’s Island is a secure, well-managed development offering 24-hour concierge services, and the beautifully landscaped communal gardens provide residents with a peaceful outdoor retreat. The development is well-loved for its prime location in Castlefield, a highly desirable area offering easy access to Manchester city centre. Residents are within walking distance of Deansgate, the Cornbrook Metrolink station, and a host of local amenities, including bars, restaurants, and shops.

Whether you are a first-time buyer, a professional seeking a stylish base with excellent transport links, or an investor looking for a property in one of Manchester’s most sought-after developments, this apartment offers it all.

EPC C - Subject to contract.

Listed by

Manchester Southern Gateway

The Lomond Group

Reference: 169831595

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

Event Date Price % change
Listed for sale £205,000 +4.5%
Sold 15/05/2007 (19 years ago) £196,225

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
2 APARTMENT 271 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GQ £175,000 25/02/2026 Flat
2 APARTMENT 226 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GQ £205,000 06/02/2026 Flat
TARN HOUSE, 60 APARTMENT 11 ELLESMERE STREET, MANCHESTER, GREATER MANCHESTER, M15 4QQ £184,000 15/01/2026 Flat
LAKE HOUSE, 66 APARTMENT 7 ELLESMERE STREET, MANCHESTER, GREATER MANCHESTER, M15 4QT £170,000 14/01/2026 Flat
1 APARTMENT 1136 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LE £210,000 09/01/2026 Flat
2 FLAT 502 HULME HALL ROAD, MANCHESTER, GREATER MANCHESTER, M15 4LY £290,000 09/01/2026 Flat
4 APARTMENT 454 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GT £210,000 09/01/2026 Flat
TIMBER WHARF, 32 APARTMENT 226 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NX £188,000 08/01/2026 Flat
BROOK HOUSE, 64 APARTMENT 13 ELLESMERE STREET, MANCHESTER, GREATER MANCHESTER, M15 4QS £130,000 19/12/2025 Flat
2 APARTMENT 2111 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GR £180,000 05/12/2025 Flat
9 APARTMENT 4 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG £156,000 28/11/2025 Flat
4 APARTMENT 426 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GT £209,950 28/11/2025 Flat
BROOK HOUSE, 64 APARTMENT 21 ELLESMERE STREET, MANCHESTER, GREATER MANCHESTER, M15 4QS £165,000 28/11/2025 Flat
2 APARTMENT 234 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GQ £216,000 28/11/2025 Flat
TIMBER WHARF, 32 APARTMENT 415 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NY £250,000 24/11/2025 Flat
MERE HOUSE, 62 APARTMENT 30 ELLESMERE STREET, MANCHESTER, GREATER MANCHESTER, M15 4QR £190,000 19/11/2025 Flat
7 APARTMENT 404 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YE £143,000 04/11/2025 Flat
3 APARTMENT 406 BURTON PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LR £170,000 30/10/2025 Flat
2 FLAT 6 HULME HALL ROAD, MANCHESTER, GREATER MANCHESTER, M15 4LY £235,000 22/09/2025 Flat
3 APARTMENT 312 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GS £200,000 29/08/2025 Flat

Area average: £193,848 (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%

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

Nearby

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

Type Name Distance
Shop National Tyres and Autocare 0.1 miles
Bus stop Chester Road/Hulme Hall Road 0.1 miles
Shop Morrisons Daily 0.1 miles
Train station Deansgate 0.6 miles
Train station Salford Central 0.8 miles
University Manchester Metropolitan University 1.0 miles
University Manchester School of Art 1.1 miles
Hospital Salford Gastric Bypass Surgery 1.6 miles
Hospital The Ailsa Craig Medical Practise 2.6 miles

Street-level crime

Category Count
Total incidents 0

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
Old Trafford Community Academy Primary 0.5 miles (Inspected (no overall grade))
St Wilfrid's RC Primary School Primary 0.5 miles Good — 25 Jun 2023
St Alphonsus RC Primary School Primary 0.6 miles (Inspected (no overall grade))
Primrose Hill Primary School and Children's Centre Primary 0.6 miles Good — 30 Jun 2022
St Joseph's RC Primary School Primary 0.6 miles Good — 24 May 2022

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, Hulme Hall Road, M15 £1,400/mo 2 0.04 miles OpenRent
2 Bed Flat, Woden Street, M5 £1,350/mo 2 0.12 miles OpenRent
2 Bed Flat, Port St, M1 £1,850/mo 2 0.3 miles OpenRent
2 Bed Flat, Vista River Tower, M3 £2,100/mo 2 0.32 miles OpenRent

Average rent: £1,675/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.79%
Max investor price (0.8%) £203,125
Target investor price (1%) £162,500
Gross yield 9.5%
Cost-to-rent ratio 10.5×
Monthly cashflow £630/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 12.7%
  • 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).