2-bedroom flat · M15 4GT
Sold STCListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Goodwin Fish is delighted to offer for sale a canal facing apartment with secure allocated underground car parking at St Georges Island.
Located in historic Castlefield, the area is within walking distance to Deansgate Square, restaurants and gastro pubs including The Wharf, Dukes 92 and Alberts, the Y Club gym at Castlefield Bowl, an independent cinema, theatre and art gallery at HOME, and supermarkets such as Co-op and Tesco.
The property is also ideal for access to Cornbrook Metrolink or Deansgate train station.
Located on the first floor this particular apartment briefly comprises: entrance/hallway with storage cupboard; open plan lounge/diner with access to full length canal facing balcony; kitchen with integrated appliances; primary double bedroom with en suite, second double bedroom with sliding door onto lounge; primary bathroom.
The property is sold with the is an allocated car parking space and is tenanted achieving £1300 pcm. Vacant possession is available on request.
We can confirm the development has been issued an EWS1 form with A1 rating which may be required by lenders issuing a mortgage.
Tenure: Leasehold Annual service charge: £3,274.68 Annual ground rent: £259.31 Length of lease: 125 years from 2006 Management company: Zenith Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Anti-Money Laundering (AML) Checks - As part of making an offer, we`re required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers.
To cover the cost of this process, a non-refundable fee of £60 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and ensures your offer can be progressed as quickly and smoothly as possible.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs

FAQ
About 4 Kelso Place, St Georges Island, Castlefield
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