APARTMENT 410
THE BOX WORKS, 4, WORSLEY STREET, MANCHESTER, GREATER MANCHESTER M15 4NU
£325,000
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
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)
Flood risk
Zone: 1
Risk: Low
Job (default Low)
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).
House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of March 2026.
Rental Range
Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.
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 — 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).