2-bedroom flat · M15 4GS
No longer listedListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Full description Grovewell are delighted to offer for let this well-presented two-bedroom ground floor apartment in Castlefield, Manchester.
The property is offered unfurnished, features modern neutral décor throughout and briefly comprises the following: Entrance hallway leading to: Bright and airy open plan living room and kitchen with wooden flooring, full-height glazing and sliding doors out to the balcony.
Contemporary kitchen with gloss units, glass splashback, ceramic hob with overhead extractor, integrated oven, stainless-steel sink, and integrated fridge freezer and dishwasher.
Master bedroom:- A generous double with its own en-suite shower room, comprising shower cubicle, WC, wall-hung sink and mirrored storage above.
Second bedroom:- A further well-sized double with fitted wardrobe and direct access to the balcony.
Bathroom:- Fully tiled with shower over bath and glass screen, WC, wall-hung sink, chrome heated towel rail and mirrored cabinet.
Exterior:- A large private decked balcony with glass balustrade running the length of the apartment, accessed from the living room and both bedrooms, overlooking the landscaped communal grounds.
The property is situated within the popular St. Georges Island development, with the Bridgewater Canal to the rear and Manchester City Centre just a short walk away.
Excellent transport links are close at hand, with Deansgate-Castlefield Metrolink and Deansgate train station both within walking distance, making this an ideal location for commuters and working professionals.
Contact us today to arrange your viewing! Council Tax Band: D Deposit: £1,442 Holding Deposit: £288
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Apartment 302, 3 Kelso Place,, Manchester
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