Castlefield Apartment
Industrial-chic interior playing on Castlefield's canal-side warehouse aesthetic.
£1,450
per month (AST)
£3,100
per month (gross)
86%
trailing average
+114%
vs prior rent
Annual rent (before)
£17,400
Annual revenue (after)
£37,200
Extra income per year
+£19,800
Performance breakdown
Avg nightly rate
£120
Bookings / month
8
Review score
4.8
Onboarded in
27 days
The story
The challenge
Owner had previously self-managed via Airbnb with inconsistent reviews and patchy occupancy.
Our approach
Took over end-to-end with 24/7 guest comms, professional turnovers and review recovery.
The result
Lifted average review score from 4.4 to 4.8 and stabilised occupancy above 85%.
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Castlefield Apartment: a 2-bedroom apartment in Castlefield, Manchester, sleeping up to 4 guests, onboarded with Propel Property in September 2024.
Before Propel: £1,450 per month on a standard tenancy. After Propel: £3,100 gross per month as a managed short let — a 114% uplift — with 86% occupancy, an average nightly rate of £138, around 8 bookings a month and a 4.8★ review score.
About Propel Property
Propel Property is a short let, Airbnb and holiday let management company working with landlords, investors and developers across Manchester, Liverpool and Chester. We list your property on Airbnb, Booking.com and Vrbo from one synced calendar, set nightly rates daily around local demand, vet every guest, coordinate hotel-grade cleaning and linen, and handle guest messages around the clock.
Owners receive a clear monthly statement and live dashboard instead of late-night phone calls. Our fee is a flat 15% of booking revenue with no VAT, no hidden extras and no long-term contract, so we only do well when your property does.
What Propel Property offers
- Short let, Airbnb and holiday let management across Manchester, Liverpool and Chester.
- Transparent pricing, hospitality-grade operations and hands-off support for landlords.
- Free valuations and direct advice on whether your property is a fit for short-stay management.