About this property
Investment Opportunity: One-Bedroom Apartment in Pomona Island
Asking Price: £170,000
This well-presented one-bedroom apartment offers an excellent investment opportunity in a prime location, ideal for Buy-to-Let investors seeking a strong rental yield.
Property Highlights
Location: Pomona Island, a thriving area with excellent transport links.
Floor: Fifth floor, offering great views and natural light.
Parking: Allocated parking space included, a valuable feature in this sought-after area.
Council Tax: Band B, ensuring low running costs for the tenant.
Ground Rent: £469.83 per year, with a 5-year RPI increase, ensuring manageable increases over time.
Service Charge: £2,013.34 per annum.
Rental Income: Currently let at £1,000 per month, plus an additonal £100.00 per month for the parking bay – with the tenant in situ until August 2025, providing immediate rental income.
EWS1 Certificate: Available, ensuring the property complies with fire safety regulations.
Lease: Leasehold with 240 years less 9 days remaining, starting from 30 March 2017.
Interior Details
Fully Furnished: The apartment is sold fully furnished, including all key appliances and furniture.
Kitchen: Fully fitted kitchen with modern appliances.
Bathroom: Fully fitted bathroom with high-quality fixtures.
Local Amenities
Manchester City Centre: Just a 30-minute walk away.
Media City: Only 20 minutes on foot.
Transport: A short walk to Pomona tram stop, with excellent connectivity to Manchester and beyond.
Retail and Leisure: White City Retail Park, Aldi, Tesco Extra, the Lowry Outlet, and the Lowry Theatre are all within walking distance, offering a range of shopping, dining, and entertainment options.
Bars & Restaurants: A variety of local bars and restaurants, perfect for tenants seeking a vibrant community.
Investment Summary
This apartment offers great potential for steady, reliable rental income in an increasingly desirable area. With a tenant already in place until 2025, you can start earning from day one. The competitive asking price of £170,000 offers excellent value for an investor looking to add a well-located, low-maintenance property to their portfolio.
Please note: The actual apartment layout and size may vary.
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
