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1 bedroom property for sale

Manchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M16
Property
1 bed
1 bath
291
Added > 14 days

Key information

TenureLeasehold | 231 yrs left
Ground rent£469.83 per annum | review period: 5 yrs
Service charge£1,359.27 per annum
Council taxBand A
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • First floor
  • Gross yield: 9.5%–9.8% Net yield: 6.9%–7.1%
  • Studio apartment
  • Close to pomona tram stop
  • Close to local shops, restaurants and bars
  • Walking distance to media city
  • Walking distance to manchester city centre
  • Floor to ceiling windows
  • Onsite gym
  • Overnight security
Investment Opportunity – Studio Apartment | Manchester Waters, Pomona Island

Apartment 102, Block A – Manchester Waters
Asking Price: £110,000
Lease: 240 years less 9 days (from 30/03/2017)
Gross yield: 9.5%–9.8%
Net yield: 6.9%–7.1%

Key Features

-Prime location on Pomona Island – a highly desirable, up-and-coming area
-Waterside views with spacious balcony
-On-site gym
-Excellent transport links – short walk to Pomona tram stop and easy access to Manchester city centre

Financial Information
-Market rental income: £875–£900 PCM
-Service charge (2026): £1,359.27 per annum
-Ground rent: £469.83 per annum (5 year RPI)

Investment Summary
A modern studio apartment in the popular X1 Manchester Waters development, built in 2021. This is an ideal opportunity for investors seeking a low-maintenance, high-demand rental property with strong growth potential.

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About this agent

X1 Sales and Lettings - Greater Manchester
X1 Sales and Lettings - Greater Manchester
Unit 1, 9 Michigan Avenue Salford, Greater Manchester M50 2HA
0161 506 3018
Full profileProperty listings
Welcome to X1 Sales and Lettings! We are a nationwide agency representing over 4000 landlords across the UK and are proud of both the properties in our care and the strong reputation that we have built over the last 10 years.  The X1 team is passionate about providing a level of aftercare that is unparalleled within the market and places high importance on both landlord and tenant relations.  Tenants renting with X1 will receive a resident exclusive loyalty card which gives access to discounts and offers at a range of local businesses across the City.  Landlords benefit from one dedicated point of contact who communicates with property managers, and tenancy care managers to ensure that costs are kept to a minimum and rental income is maximised.  For more information on our services -  or to get started on your home moving journey -  get in touch with a member of the team today.  We are looking forward to working with you! 
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