# 2 bedroom flat for sale (M15 4GY) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 533, 5 KELSO PLACE, MANCHESTER, MANCHESTER, GREATER MANCHESTER M15 4GY | | Price | £205,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | TBC | | Last sold | £196,225 May 2007 | ## 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. ## Property Photos - ![Picture No. 12](/listings/photos/169831595/1283097) - Picture No. 12 - ![Picture No. 11](/listings/photos/169831595/1283100) - Picture No. 11 - ![Picture No. 05](/listings/photos/169831595/1283102) - Picture No. 05 - ![Picture No. 08](/listings/photos/169831595/1283105) - Picture No. 08 - ![Picture No. 04](/listings/photos/169831595/1283107) - Picture No. 04 - ![Picture No. 09](/listings/photos/169831595/1283110) - Picture No. 09 - ![Picture No. 10](/listings/photos/169831595/1283112) - Picture No. 10 - ![Picture No. 02](/listings/photos/169831595/1283113) - Picture No. 02 - ![Picture No. 06](/listings/photos/169831595/1283115) - Picture No. 06 - ![Picture No. 07](/listings/photos/169831595/1283116) - Picture No. 07 - ![Picture No. 03](/listings/photos/169831595/1283118) - Picture No. 03 - ![Picture No. 01](/listings/photos/169831595/1283120) - Picture No. 01 - ![Google Maps Image](/listings/photos/169831595/1283121) - Google Maps Image ## Floorplans - ![Floorplan](/listings/photos/169831595/1283122) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/169831595/1283123) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 5 APARTMENT 533 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GY | £196,225 | 15/05/2007 | 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 | |---------|-------|------|------| | 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 | | 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 | | 9 APARTMENT 4 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG | £156,000 | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £237,712 (76 Flat, M15, 2024–2026) - **Deviation:** -13.8% ## 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 ## 1% Rule - **Rent ratio:** 0.66% (weak for cashflow) - **Max investor price (0.8%):** £169,000 - **Target investor price (1%):** £135,200 *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 Area rent estimate.* ## 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)