3 bedroom flat for sale
Manchester Waters, 5 Pomona Strand, Old Trafford, M16
- PROPERTY TYPE
Flat
- BEDROOMS
3
- BATHROOMS
2
- SIZE
1,055 sq ft
98 sq m
Key features
- 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
Description
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
- 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: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- 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, 5 Pomona Strand, Old Trafford, M16
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Get an instant, personalised result:
- Show sellers you’re serious
- Secure viewings faster with agents
- No impact on your credit score
Your mortgage
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 XLT260017. 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.
Map data ©OpenStreetMap contributors.