Manchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M16
- BEDROOMS
1
- BATHROOMS
1
- SIZE
269 sq ft
25 sq m
Key features
- FIRST FLOOR
- 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
- STUDIO APARTMENT
- INTEGRATED WASHER/DRYER
Description
Tenanted studio apartment for sale, generating immediate rental income with an estimated market rental value of £1,000 PCM. Ideal for investors seeking a ready-made buy-to-let opportunity in a popular waterfront development.
X1 Lettings are delighted to present this excellent investment opportunity within the popular X1 Manchester Waters development.
This well-presented studio apartment extends to approximately 25 sqm and is being sold with a tenant in situ, allowing investors to benefit from immediate rental income from day one. The property is ideally suited to buy-to-let investors seeking a hands-off investment within a professionally managed development.
Residents of X1 Manchester Waters enjoy exclusive access to a range of on-site amenities, including a fully equipped gymnasium and private cinema room.
**Investment Information**
* Current Rent: £775 PCM
* Estimated Market Rent: £1,000 PCM
* Service Charge: £1,253.59 per annum
* Ground Rent: £469.83 per annum (reviewed every 5 years in line with RPI)
* Management Fee: 9% + VAT
* Council Tax Band: A
* Lease: 240 years less 9 days from 30/03/2017
* EWS1 Available – No Issues Reported
**About X1 Manchester Waters**
Manchester Waters forms part of the wider regeneration of Pomona Island, one of the most significant waterfront regeneration projects in Greater Manchester. Situated on 26 acres of former dockland, the development is helping create a vibrant new residential neighbourhood between Manchester City Centre and MediaCityUK.
The location continues to attract strong tenant demand thanks to its excellent connectivity and proximity to Manchester's key employment hubs.
**Excellent Transport Links**
The development is located just a short walk from Pomona Metrolink Station, providing quick and convenient access to Manchester City Centre, MediaCityUK, Salford Quays, Deansgate and beyond.
Manchester remains one of the UK's strongest-performing rental markets, benefiting from a growing population, significant inward investment and sustained tenant demand, making it an attractive proposition for property investors.
Viewings are highly recommended and can be arranged by contacting our sales team.
*Please note: Images are for illustrative purposes only and may show a similar apartment within the development. They may not depict the exact property being offered for sale. Please contact us if you would like confirmation prior to arranging a viewing.*
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Manchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M16
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference SAL210017. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by X1 Sales & Lettings, Salford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.