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Total views:  1251

3 bedroom flat for sale

Manchester Waters, 5 Pomona Strand, Old Trafford, M16
Flat
3 beds
2 baths
1055
Added > 14 days

Key information

TenureLeasehold
Service charge£3,690.08 per annum
Council taxBand D
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Sixth floor
  • 5 Pomona Strand
  • Tenants in situ - gross annual income of £25,200!
  • Off-street parking space INCLUDED
  • On site GYM
  • Two tram stops from city centre
  • Lettings Management company in place
  • Peppercorn Ground Rent
  • Council tax band D
Three-Bedroom Apartment | Recently completed development | Sixth floor | Tenants readily in situ | Off-Street Parking Space | Hands off investment with competitive management fee from 9% | Peppercorn Ground Rent |Stunning views | 5 Pomona Strand

X1 Sales are delighted to present this exceptional three-bedroom waterfront apartment, located within the highly sought-after X1 Manchester Waters – Block C (Opened late 2023), a landmark development on Pomona Island offering contemporary living with stunning waterside views.

Positioned on the sixth floor, this spacious apartment extends to approximately 98 square metres and benefits from panoramic waterfront outlooks, modern interiors and a secure allocated parking space. The property is fully furnished and finished to a high standard throughout, making it an ideal turn-key investment opportunity.

The apartment is currently tenanted, generating a strong and consistent rental income, and is perfectly suited for investors seeking a hands-off, hassle-free investment. The building benefits from a valid EWS1 certificate.

The accommodation briefly comprises a welcoming entrance hallway, a generous open-plan living and dining area with floor-to-ceiling windows, a fully fitted contemporary kitchen, three well-proportioned bedrooms, including a master bedroom, and fully fitted modern bathroom.

Investment Highlights

Monthly Rent Achieved: £2,100

Annual Gross Income: £25,200

Management Fee: 9% + VAT (10.8%)

Service Charge: £3,690.08 per annum

Ground Rent: Peppercorn

Projected Annual Net Income (after management & service charge):
£18,788.32 per annum

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Area statistics

Home prices (average)
3 bedroom flats
£365,052

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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