# 2 bedroom apartment for sale (M15 4NU) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 410, THE BOX WORKS, 4, WORSLEY STREET, MANCHESTER, GREATER MANCHESTER M15 4NU | | Price | £325,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | E | | Last sold | £230,000 Dec 2025 | ## 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 ## Property Photos - ![image00018](/listings/photos/166135391/537146) - image00018 - ![image00012](/listings/photos/166135391/537149) - image00012 - ![image00002](/listings/photos/166135391/537150) - image00002 - ![image00019](/listings/photos/166135391/537152) - image00019 - ![image00007](/listings/photos/166135391/537153) - image00007 - ![image00015](/listings/photos/166135391/537156) - image00015 - ![image00010](/listings/photos/166135391/537157) - image00010 - ![image00001](/listings/photos/166135391/537159) - image00001 - ![image00020](/listings/photos/166135391/537160) - image00020 - ![image00016](/listings/photos/166135391/537161) - image00016 - ![image00009](/listings/photos/166135391/537162) - image00009 - ![image00022](/listings/photos/166135391/537167) - image00022 - ![image00017](/listings/photos/166135391/537168) - image00017 - ![image00014](/listings/photos/166135391/537169) - image00014 - ![image00023](/listings/photos/166135391/537171) - image00023 - ![image00003](/listings/photos/166135391/537175) - image00003 - ![image00005](/listings/photos/166135391/537176) - image00005 - ![image00004](/listings/photos/166135391/537178) - image00004 - ![image00021](/listings/photos/166135391/537180) - image00021 - ![image00011](/listings/photos/166135391/537184) - image00011 - ![image00008](/listings/photos/166135391/537186) - image00008 - ![image00006](/listings/photos/166135391/537187) - image00006 - ![image00013](/listings/photos/166135391/537188) - image00013 ## Floorplans - ![410theboxworks-High](/listings/photos/166135391/537191) - 410theboxworks-High ## EPC Graphs - ![EPC 1](/listings/photos/166135391/537193) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | THE BOX WORKS, 4 APARTMENT 410 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU | £230,000 | 15/12/2025 | Flat | | THE BOX WORKS, 4 APARTMENT 410 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU | £263,500 | 06/03/2020 | 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 226 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GQ | £205,000 | 06/02/2026 | Flat | | 4 APARTMENT 454 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4GT | £210,000 | 09/01/2026 | Flat | | 1 APARTMENT 1136 KELSO PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LE | £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 | | 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 | | 190 WATER STREET, MANCHESTER, GREATER MANCHESTER, M3 4AU | £350,000 | 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 | | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £241,248 (71 Flat, M15, 2024–2026) - **Deviation:** +34.7% ## Rental Range *ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,214/mo - **Realistic:** £1,349/mo - **Optimistic:** £1,484/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:** 0.42% (weak for cashflow) - **Max investor price (0.8%):** £168,625 - **Target investor price (1%):** £134,900 *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:** -28% - **10y growth:** 28.9% ## House Price Index (HM Land Registry) *Official index for Manchester; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -1.4% - **5y growth (index):** 9.1% - **10y growth (index):** 58.9% ## 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)