£119,995
Studio flat for sale
Manchester, M16
studio Flat Property description
Modern 2nd floor studio apartment (25sqm) with tenant in situ, generating £825 pcm. Immediate rental income, EWS1 in place.
X1 Sales and Lettings are delighted to present this modern, tenanted studio apartment in the sought-after X1 Manchester Waters, Tower A - for sale. With an EWS1 in place and a long-term tenant already in situ, this is a fantastic turnkey investment opportunity offering immediate rental income.
Apartment Highlights
Generously sized 25sqm studio on the 2nd floor
Currently tenanted, providing rental income from day one
Access to excellent on-site amenities including a private cinema room and residents’ gym
Lease term: 240 years less 9 days from 30.03.2017
Financials
Rent achieved: £825 pcm (long-term tenancy in place)
Service charge: £1,445.61 (2025 budget)
Ground rent: £469.83 (5-year RPI review)
Lettings Management fee: 9% + VAT
Council Tax Band: A
About Manchester Waters
X1 Manchester Waters forms part of the major regeneration of Pomona Island, transforming 26 acres of docklands into one of Manchester’s most exciting new neighbourhoods. Developed in partnership with Peel L&P, the scheme offers a five-phase masterplan with high-quality urban living, strong rental demand, and excellent capital growth potential.
Location & Connectivity
Just a 2-minute walk from Pomona Strand tram stop, residents can reach Manchester city centre in minutes, making this development an attractive choice for tenants and investors alike.
Important: Due to lease terms, this property is available to cash buyers only.
Viewings are highly recommended and can be arranged by contacting our team today.
X1 Sales and Lettings are delighted to present this modern, tenanted studio apartment in the sought-after X1 Manchester Waters, Tower A - for sale. With an EWS1 in place and a long-term tenant already in situ, this is a fantastic turnkey investment opportunity offering immediate rental income.
Apartment Highlights
Generously sized 25sqm studio on the 2nd floor
Currently tenanted, providing rental income from day one
Access to excellent on-site amenities including a private cinema room and residents’ gym
Lease term: 240 years less 9 days from 30.03.2017
Financials
Rent achieved: £825 pcm (long-term tenancy in place)
Service charge: £1,445.61 (2025 budget)
Ground rent: £469.83 (5-year RPI review)
Lettings Management fee: 9% + VAT
Council Tax Band: A
About Manchester Waters
X1 Manchester Waters forms part of the major regeneration of Pomona Island, transforming 26 acres of docklands into one of Manchester’s most exciting new neighbourhoods. Developed in partnership with Peel L&P, the scheme offers a five-phase masterplan with high-quality urban living, strong rental demand, and excellent capital growth potential.
Location & Connectivity
Just a 2-minute walk from Pomona Strand tram stop, residents can reach Manchester city centre in minutes, making this development an attractive choice for tenants and investors alike.
Important: Due to lease terms, this property is available to cash buyers only.
Viewings are highly recommended and can be arranged by contacting our team today.
Property photos
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Council tax
First listed
4 days agoManchester, M16
Marketed by
X1 Sales and Lettings - Greater Manchester Unit 1, 9 Michigan Avenue Salford, Greater Manchester M50 2HACall agent on 0161 506 3018
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Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by X1 Sales and Lettings - Greater Manchester. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact X1 Sales and Lettings - Greater Manchester for full details and further information.
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