Manchester Waters, 3 Pomona Strand... 1 bed flat for sale

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Manchester Waters, 3 Pomona Strand... 1 bed flat for sale

Manchester Waters, 3 Pomona Strand, Old Trafford, M16
£170,000

Price History

Initial price £210,000
11/11/23 £195,000
15/04/25 £170,000
Price Change -19.05%

Description

This fifth-floor one-bedroom apartment in Pomona Island is a fantastic investment opportunity, offering a strong rental yield and immediate rental income. The property is fully furnished and comes with allocated parking, making it a rare find in this sought-after area. The tenant is currently paying £1,100 per month, with a lease until August 2025, providing a steady income stream. The apartment is located near Manchester City Centre, Media City, and various retail and leisure options, making it an attractive choice for tenants. With a competitive asking price of £170,000, this property offers excellent value for investors looking to add a low-maintenance property to their portfolio. Additionally, the property has an EWS1 certificate, ensuring compliance with fire safety regulations, and a leasehold with 240 years remaining, starting from 2017.