1 bedroom apartment for sale

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1 bedroom apartment for sale

Apartment 504 Manchester Waters, 1, Pomona Strand Old Trafford Manchester M16
£125,000

Our Summary

  • Excellent investment opportunity

Description

This is a high-yielding investment opportunity in Manchester Waters, a popular development in Manchester. The one-bedroom apartment is already fully managed and tenanted, generating an impressive gross yield of 9.6% and a net yield of 5.9%. The property features a bright, modern living space with high-spec appliances and a private balcony with city views. The location is highly sought after, just minutes from Manchester city centre and MediaCityUK, with excellent transport links and proven capital growth. As a hands-off investment, the property is fully managed, meaning zero stress for the investor, and the income stream starts immediately. With a gross rent of £12,000 and a net income of £7,381, this is a rare chance to secure a turnkey investment with exceptional returns in a prime Manchester location.