Manchester Waters, M163-bed flat for sale in Sales

3 beds • 2 baths • 1 reception

£340,000

Main features

  • Sixth floor
  • 5 Pomona Strand
  • Tenants in situ - gross annual income of £25,200!
  • Off-street parking space INCLUDED
  • On site GYM
  • Two tram stops from city centre
  • Lettings Management company in place
  • Peppercorn Ground Rent
  • Council tax band D

About this property

X1 Sales are delighted to present this exceptional three-bedroom waterfront apartment, located within the highly sought-after X1 Manchester Waters – Block C (Opened late 2023), a landmark development on Pomona Island offering contemporary living with stunning waterside views.

Positioned on the sixth floor, this spacious apartment extends to approximately 98 square metres and benefits from panoramic waterfront outlooks, modern interiors and a secure allocated parking space. The property is fully furnished and finished to a high standard throughout, making it an ideal turn-key investment opportunity.

The apartment is currently tenanted, generating a strong and consistent rental income, and is perfectly suited for investors seeking a hands-off, hassle-free investment. The building benefits from a valid EWS1 certificate.

The accommodation briefly comprises a welcoming entrance hallway, a generous open-plan living and dining area with floor-to-ceiling windows, a fully fitted contemporary kitchen, three well-proportioned bedrooms, including a master bedroom, and fully fitted modern bathroom.

Investment Highlights

Monthly Rent Achieved: £2,100

Annual Gross Income: £25,200

Management Fee: 9% + VAT (10.8%)

Service Charge: £3,690.08 per annum

Ground Rent: Peppercorn

Projected Annual Net Income (after management & service charge):
£18,788.32 per annum

Map

Floorplan

EPC

Sales

+44 (0)161 669 7070

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Opening hours Closed

  • Monday09:30 - 17:00
  • Tuesday09:30 - 17:00
  • Wednesday09:30 - 20:00
  • Thursday09:30 - 20:00
  • Friday09:30 - 20:00

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