2 bedroom apartment for sale

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2 bedroom apartment for sale

Pomona Strand, Old Trafford
£260,000

Price History

Initial price £280,000
07/11/24 £270,000
24/05/25 £260,000
Price Change -7.14%

Description

This tenanted two-bedroom apartment is situated in a luxury development on Pomona Island, offering convenient access to Manchester City Centre and MediaCityUK. The property features a recently fitted furniture pack and one allocated parking space, and benefits from on-site facilities including a gym, cinema room, and security. The apartment is currently generating a gross income of £16,500 per annum, with a gross yield of 6.1%. After deducting service charges, ground rent, and letting agent fees, the net income is £11,926 per annum, yielding 4.4%. The property is located in a prime position, with excellent transport links via Pomona Island tram station and proximity to various amenities, including Deansgate, Castlefield, and Media City UK.