Sold STC Flat

APARTMENT 410

THE BOX WORKS, 4, WORSLEY STREET, MANCHESTER, GREATER MANCHESTER M15 4NU

2 beds 2 baths 1,076 sq ft Listed 23 Aug 2025 (-296d)

£325,000

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Property details

Tenure

LEASEHOLD

Floor area

100 m²

Council tax band

E

EPC rating

C

Year built

England and Wales: 2003-2006

Last sold

£230,000 Dec 2025

Price per m²

£3,250/m²

Local average

£241,248 (+34.7%)

Deprivation

Decile 9 (27,973 of 33,755)

Street crime

4 incidents within 1 mile (Apr 2026)

Key features

  • Second Floor Position
  • Two Generous Bedrooms
  • Two Bathrooms
  • 1920's Art Deco Conversion
  • Secure Allocated Parking Space
  • Castlefield Location
  • Short Walk to Deansgate
  • Close to Public Transport Links

Additional details

Parking
Yes
Garden
Yes

Description

Julie Twist Properties are delighted to present this second-floor apartment, set within the iconic 1920s Art Deco warehouse conversion – The Box Works. Immaculately presented and brimming with character, this beautiful home offers a blend of industrial charm and modern elegance. The open-plan kitchen and living area is perfect for both everyday living and entertaining and opens onto a private balcony - creating an ideal space to relax or host guest. The apartment boasts two double bedrooms and two bathrooms. Original features have been maintained throughout, including exposed brick ceilings, exposed steel and concrete columns, and full-height windows that flood the space with natural light. Residents benefit from access to beautifully landscaped communal gardens, a courtyard, and secure underground parking.
Perfectly positioned in the heart of Castlefield - one of Manchester's most desirable neighbourhoods - The Box Works offers stunning canal-side walks just moments away and is only a 10-minute stroll from the vibrant Deansgate area. With a variety of restaurants, pubs, bars, and a local convenience store nearby on Ellesmere Street, everything you need is right on your doorstep.
GENERAL:

Rental Yield: 5.17% based on an estimated rental income of £1400pcm.
Service Charge: £4436.60 (31st of March 2025 to 31st of March 2026)
Ground Rent: Peppercorn
Lease: 999 years from 01/01/1999
Floor Area: 958 sq.ft / 89.0 sq.m approx.
Council Tax Band: E
Management Company: Realty Management

Listed by

Manchester

Julie Twist Properties

Reference: 166135391

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 22/08/2025

Expiry date: 21/08/2035

Current heating cost: £416/year

Potential heating cost: £369/year

Est. upgrade cost to C: £1,050

Recommendations

  • High performance external doors (£900 - £1,200)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

410theboxworks-High

410theboxworks-High

EPC Graphs

EPC 1

EPC 1

Price history

-13% since 2020

Event Date Price % change
Sold 15/12/2025 (6 months ago) £230,000 -12.7%
Sold 06/03/2020 (6 years ago) £263,500

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 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
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
4 APARTMENT 426 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GT £209,950 28/11/2025 Flat
2 APARTMENT 234 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GQ £216,000 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
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 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
3 APARTMENT 201 BURTON PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LR £130,000 31/07/2025 Flat
BRIDGEWATER HOUSE, 7 FLAT 14 SLATE WHARF, MANCHESTER, GREATER MANCHESTER, M15 4SW £195,000 11/07/2025 Flat
1A FLAT 706 SPINNERS WAY, MANCHESTER, GREATER MANCHESTER, M15 4UY £202,000 07/07/2025 Flat
186 WATER STREET, MANCHESTER, GREATER MANCHESTER, M3 4AU £320,000 23/06/2025 Flat
TIMBER WHARF, 32 APARTMENT 511 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NY £285,000 17/06/2025 Flat
IRWELL HOUSE, 13 FLAT 8 SLATE WHARF, MANCHESTER, GREATER MANCHESTER, M15 4SW £297,000 06/06/2025 Flat

Area average: £222,210 (20 sales)

Capital growth trend

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

5y growth -27.9%
10y growth 31.3%

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

1y (index) -1.4%
5y (index) 9.1%
10y (index) 58.9%

Rental Range

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

Low £1,214/mo
Realistic £1,349/mo
Optimistic £1,484/mo

Based on Local Authority from postcode lookup → Manchester.

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

Location

Address

Worsley Street

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 0.4 miles
Train station Salford Central 0.7 miles
University Manchester School of Art 1.0 miles
University University of Law 1.0 miles
Hospital Salford Gastric Bypass Surgery 1.7 miles
Hospital The Ailsa Craig Medical Practise 2.5 miles

Street-level crime

Category Count
Violence and sexual offences 2
Other crime 1
Other theft 1
Total incidents 4

Within 1 mile during Apr 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 0.4 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
St Alphonsus RC Primary School Primary 0.7 miles (Inspected (no overall grade))
Primrose Hill Primary School and Children's Centre Primary 0.7 miles Good — 30 Jun 2022

Rental Comparables

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Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.42%
Max investor price (0.8%) £168,625
Target investor price (1%) £134,900
  • 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).