Sold STC Flat

APARTMENT 1116

1 KELSO PLACE, MANCHESTER, GREATER MANCHESTER M15 4LE

2 beds 2 baths Listed 29 Jun 2026 (-21d)

£230,000

Save

Front Balcony Open Plan Living Balcony Lounge Kitchen Kitchen Open Plan Living Entrance Hall Bedroom Bedroom En-suite Bedroom Bathroom

/ 14

Property details

Tenure

LEASEHOLD (104 years remaining on lease)

Council tax band

C

Last sold

£187,500 Jul 2021

Local average

£237,712 (-3.2%)

Deprivation

Decile 9 (27,973 of 33,755)

Street crime

0 incidents within 1 mile (May 2026)

Key features

  • MASTER BEDROOM ENSUITE & SEPARATE BATHROOM
  • BALCONY IDEAL FOR AL FRESCO DINING
  • ALLOCATED OFF ROAD PARKING SPACE
  • MODERN & CONTEMPORARY INTERIOR THROUGHOUT
  • TRAIN STATION & TRAM STOPS UNDER HALF A MILE
  • HIGHLY SOUGHT AFTER DEVELOPMENT
  • IDEAL FOR FIRST TIME BUYERS & BUY TO LET INVESTORS
  • WALKING DISTANCE TO MANCHESTER CITY CENTRE
  • SITUATED ON THE CASTLEFIELD SIDE OF CITY CENTRE
  • EARLY & INTERNAL VIEWING HIGHLY RECOMMENDED

Additional details

Parking
Allocated

Description

The Property
Situated in a sought-after modern development,on the 11th floor with stunning views west so lots of sunshine in the afternoon/evening this well-presented two-bedroom apartment offers contemporary living with spacious accommodation, private outdoor space and the added benefit of off-road parking. Ideally located for easy access to Manchester City Centre, excellent transport links and a wide range of local amenities, this property is perfectly suited to first-time buyers, professionals or investors.

The apartment is accessed via a welcoming entrance hall, complete with a useful built-in storage cupboard, providing practical space for coats and household items. The heart of the home is the bright and spacious open-plan lounge and kitchen, designed for modern living and entertaining. The fitted kitchen offers a range of wall and base units with integrated appliances and ample worktop space, while the lounge enjoys plenty of natural light and opens directly onto a private balcony, creating an ideal space to relax or enjoy outdoor dining.

The generous principal bedroom benefits from fitted proportions, direct access to the balcony and a stylish en-suite shower room, offering comfort and convenience. The second bedroom is also a well-sized double room with its own access to the balcony, making it suitable as a guest room, home office or additional bedroom. A contemporary family bathroom, fitted with a modern three-piece suite, serves the remainder of the apartment.

Externally, residents benefit from secure off-road parking, adding to the practicality of this attractive home.

Offering modern finishes throughout, excellent living space and a desirable location close to universities, hospitals, Media City and Manchester City Centre, this apartment represents an excellent opportunity for owner-occupiers and buy-to-let investors alike. Early viewing is highly recommended to fully appreciate everything this fantastic apartment has to offer.

Property ownership information

Ground rent review period: Every 10 years

Service charge review period: No review period

Lease end date: 29/04/2130

Property Description DisclaimerThis is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering and proof of funds checks. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required.

Listed by

covering Manchester

Purplebricks

Reference: 90257550

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

Floorplan 1

EPC Graphs

epc

epc

Price history

Event Date Price % change
Listed for sale £230,000 +22.7%
Sold 30/07/2021 (4 years ago) £187,500

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
1 APARTMENT 1136 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LE £210,000 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
THE BOX WORKS, 4 APARTMENT 410 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU £230,000 15/12/2025 Flat
42 APARTMENT 214 ELLESMERE STREET, MANCHESTER, GREATER MANCHESTER, M15 4FY £110,000 12/12/2025 Flat
2 APARTMENT 2111 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GR £180,000 05/12/2025 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
190 WATER STREET, MANCHESTER, GREATER MANCHESTER, M3 4AU £350,000 28/11/2025 Flat
THE BOX WORKS, 4 APARTMENT 202 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU £266,250 28/11/2025 Flat
4 APARTMENT 426 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GT £209,950 28/11/2025 Flat
TIMBER WHARF, 32 APARTMENT 415 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NY £250,000 24/11/2025 Flat
3 APARTMENT 406 BURTON PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LR £170,000 30/10/2025 Flat
THE RIVERSIDE APARTMENT 81 LOWRY WHARF, SALFORD, GREATER MANCHESTER, M5 4SU £255,000 24/10/2025 Flat
THE BOX WORKS, 4 APARTMENT 302 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU £250,000 10/10/2025 Flat
3 APARTMENT 312 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GS £200,000 29/08/2025 Flat
9 APARTMENT 312 WODEN STREET, SALFORD, GREATER MANCHESTER, M5 4YG £235,000 28/08/2025 Flat
3 APARTMENT 201 BURTON PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LR £130,000 31/07/2025 Flat

Area average: £209,810 (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: D J LAING HOMES LTD (SC101842)

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 Morrisons Daily 0.1 miles
Shop Porcelanosa 0.1 miles
Bus stop Regent Road/Water Street 0.2 miles
Bus stop Chester Road/Hulme Hall Road 0.2 miles
Train station Deansgate 0.5 miles
Train station Salford Central 0.7 miles
University Manchester Metropolitan University 0.9 miles
University Manchester School of Art 1.0 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
St Wilfrid's RC Primary School Primary 0.5 miles Good — 25 Jun 2023
Old Trafford Community Academy Primary 0.6 miles (Inspected (no overall grade))
St Philip's CofE Primary School Primary 0.6 miles Good — 19 Oct 2023
Primrose Hill Primary School and Children's Centre Primary 0.7 miles Good — 30 Jun 2022
St Alphonsus RC Primary School Primary 0.7 miles (Inspected (no overall grade))

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, Kelso Place, M15 £1,300/mo 2 0.01 miles OpenRent
2 Bed Flat, Spinners Way, M15 £1,400/mo 2 0.14 miles OpenRent
2 Bed Flat, Spinners Way, M15 £1,500/mo 2 0.14 miles OpenRent
2 Bed Flat, Regent Road, M3 £1,225/mo 2 0.14 miles OpenRent
2 Bed Flat, Spinners Way, M15 £1,095/mo 2 0.14 miles OpenRent
2 Bed Flat, Spinners Way, M15 £1,100/mo 2 0.14 miles OpenRent
2 Bed Flat, Spinners Way, M15 £2,700/mo 2 0.14 miles OpenRent
2 Bed Flat, Irwell Building, M5 £1,350/mo 2 0.21 miles OpenRent

Average rent: £1,459/mo (8 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 8.2% gross yield avg £190,375 sale, £1,300/mo rent
Rent ratio 0.58%
Max investor price (0.8%) £165,625
Target investor price (1%) £132,500
Gross yield 6.9%
Cost-to-rent ratio 14.5×
Monthly cashflow £262/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 4.7%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • 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).