ATTENTION INVESTORS - PURCHASE THIS READY MADE INVESTMENT PROPERTY!
Tenanted Property Sales are delighted to offer to market this tenanted two bedroom apartment in the recently completed luxury development on Pomona Island. Providing super-convenient access into both Manchester City centre as well as the thriving district of MediaCityUK, the development benefits from being sat on one of Manchester Prime Waterfront plots. The apartment includes added benefits of a recently fitted furniture pack and one allocated parking space.
A look inside the property:
The apartment briefly comprises; Entrance hallway with ample storage, open plan kitchen // living space with floor to ceiling windows and access onto a fabulous balcony with city and water views, master bedroom with en-suite, a further double bedroom and good sized family bathroom. There is 1 allocated parking space included with this apartment.
Facilities on-site:
- Well equipped gym
- Cinema room
- On-site parking
- On-site security
- Bike store
Financial Breakdown:
Occupancy: Tenanted
Tenure: Leasehold (Approx. 248 years remaining)
Gross rent: £16,500
Gross yield: 6.1%
Service charge: Approx. £2343 PA
Ground rent: Approx. £395 PA
Lettings management: £1836 PA
Approx. NET income: £11,926 PA (After lettings agent charges, service charge and ground rent)
NET yield: 4.4%
Location:
Situated on the historic Pomona Island, this development is located in a prime position in one of Manchesters biggest residential development plots. Residents will benefit from day one from the excellent transport links via Pomona Island tram station, just a 2 minute walk from the developments doorstep.
Points of interest:
- Pomona tram stop: Approx. 2 minutes walk
- Deansgate / Castlefield: Approx 2 minutes via tram, 20 minutes walk
- White City retail park: Approx. 15 minutes walk
- University of Manchester: Approx. 25 minutes via public transport
- Media City UK: Approx. 30 minutes walk
- Manchester City Centre: Approx. 15 minutes walk
- Chorlton: Approx. 20 minutes via public transport
