- 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 +
Three-Bedroom Apartment | Recently completed development | Sixth floor | Tenants readily in situ | Off-Street Parking Space | Hands off investment with competitive management fee from 9% | Peppercorn Ground Rent |Stunning views | 5 Pomona Strand
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