Yes, this is actually the method I'd recommend on versions (like yours) with the expansion tank at the side of the radiator. You can get a hose right down to the lowest point of the system and you'll get just as much coolant out as you would by removing the bottom hose. Done this myself several times now.
Whatever method you choose, there'll be quite a bit of coolant left in the heater circuit - there's not much you can do about this. It can help to measure what comes out, so that you know how much you need to put back.
You might not get it all in on the first attempt; this isn't unusual. Opening the bleed screws likely won't help much, also they're quite fragile and easily broken. Fortunately the system will self bleed in service. Just top up to the max, run it up to operating temperature, and top it up again once it's cooled. It may take a few cycles, but eventually it will stabilise.