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Manchester Waters, 1 Pomona Strand... Studio for sale
Manchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M16
£119,995
Manchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M16
£119,995
Our Summary
- With an EWS1 in place and a long-term tenant already in situ, this is a fantastic turnkey investment opportunity offering immediate rental income
- Developed in partnership with Peel L&P, the scheme offers a five-phase masterplan with high-quality urban living, strong rental demand, and excellent capital growth potential
- Important: Due to lease terms, this property is available to cash buyers only
Description
This modern 2nd floor studio apartment in X1 Manchester Waters, Tower A, is a fantastic investment opportunity offering immediate rental income. The 25sqm studio is currently tenanted, generating £825 per calendar month, and comes with an EWS1 in place. The apartment has access to excellent on-site amenities, including a private cinema room and residents' gym. The lease term is 240 years less 9 days from 30th March 2017, and the service charge and ground rent are £1,445.61 and £469.83 respectively. The property is located just a 2-minute walk from Pomona Strand tram stop, making it an attractive choice for tenants and investors alike. Viewings are highly recommended and can be arranged by contacting the agent.