1 bedroom apartment for sale

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1 bedroom apartment for sale

Manchester Waters, 3 Pomona Strand, M16 0YF
£120,000

Our Summary

  • Tenanted investment opportunity

Description

This investment property in Manchester Waters is a rare opportunity to own a fully managed, high-performing one-bedroom apartment that is already generating a near 7% NET yield. The apartment is located in a stylish development with modern living space, high-spec integrated appliances, and a private balcony with city views. The property is fully tenanted, ensuring instant returns from day one, and full management is in place, making it a hassle-free investment. With its prime location just minutes from Manchester city centre and MediaCityUK, strong rental demand, excellent transport links, and proven capital growth, this property is the perfect hands-off investment in one of the UK's fastest-growing rental markets. The financial breakdown shows a gross rent of £12,000, net income of £8,758.17, and a gross yield of 10%, making it an attractive investment opportunity for those looking for a high-yielding property.