2 bedroom apartment for sale

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2 bedroom apartment for sale

Pomona Strand, Old Trafford
£270,000

Price History

Initial price £280,000
07/11/24 £270,000
Price Change -3.57%

Description

This tenanted two-bedroom apartment in a luxury development on Pomona Island offers a prime investment opportunity. The property is located near Manchester City Centre and MediaCityUK, with excellent transport links via the Pomona Island tram station just a 2-minute walk away. The apartment features a recently fitted furniture pack and one allocated parking space, and includes a range of on-site facilities such as a gym, cinema room, and on-site security. The property is leasehold with approximately 248 years remaining, and generates a gross yield of 5.9% and a net yield of 4.2%. With a current rent of £15,900 and a service charge of £2,343, the property offers a strong income stream and potential for capital growth.