1 Bed Flat For Sale

This spacious fitfth floor 1 BED apartment comes fully furnished. There is an ON-SITE GYM, CINEMA ROOM and OVERNIGHT SECURITY. Comes with allocated PARKING.

The tenant is paying £1,100.00 per month - this is being sold with the tenant in situ.


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.