About this property
Apartment 102, Block A – Manchester Waters
Asking Price: £110,000
Lease: 240 years less 9 days (from 30/03/2017)
Gross yield: 9.5%–9.8%
Net yield: 6.9%–7.1%
Key Features
-Prime location on Pomona Island – a highly desirable, up-and-coming area
-Waterside views with spacious balcony
-On-site gym
-Excellent transport links – short walk to Pomona tram stop and easy access to Manchester city centre
Financial Information
-Market rental income: £875–£900 PCM
-Service charge (2026): £1,359.27 per annum
-Ground rent: £469.83 per annum (5 year RPI)
Investment Summary
A modern studio apartment in the popular X1 Manchester Waters development, built in 2021. This is an ideal opportunity for investors seeking a low-maintenance, high-demand rental property with strong growth potential.
Please note: Photos/layout may differ from the advertisement.
Images are for illustrative purposes only and MAY show a similar unit within the development. The images MAY not reflect the exact apartment for sale. Please ask if you would like us to confirm if the images reflect the actual apartment.
