TO BE SOLD BY ONLINE AUCTION ON 22ND OCTOBER 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS.Apartment C511, Pomona Strand, Manchester, M16A modern three-bedroom apartment located within the popular Pomona Wharf development, offered to the market as an attractive investment or future owner-occupier purchase.The property has not been inspected by Edward Mellor.The accommodation comprises entrance hall, open plan lounge/kitchen with balcony, three bedrooms (one en-suite) and bathroom/WC. The property benefits from electric heating, double glazing, lift access and concierge service. EPC rating B. Council Tax Band D.Currently let on an AST at £1,800pcm (£21,600pa). The tenant is due to vacate 25th October 2025, meaning vacant possession will be available on completion. Comparable units in the development have recently achieved rents of £1,850–£1,900pcm, supporting strong yield potential at the guide.Recent sales in the same building highlight the pricing potential for larger three-bedroom units:Apartment 1110, 5 Pomona Strand – £380,000 (Oct 2024)Apartment 1011, 5 Pomona Strand – £365,000 (Sep 2024)Apartment 811, 5 Pomona Strand – £360,000 (Sep 2024)Apartment 1009, 5 Pomona Strand – £325,000 (May 2024)Apartment 1008, 5 Pomona Strand – £320,495 (Mar 2024)The development occupies a prime position directly by Pomona Metrolink stop (Zone 2), with trams running every 5–10 minutes to Deansgate-Castlefield (~6 mins), MediaCityUK (~10 mins) and The Trafford Centre (~14 mins). Local amenities include Iceland and Aldi within walking distance, Regent Retail Park, and leisure attractions such as Old Trafford, Salford Quays and Manchester city centre all nearby.Leasehold. Service charge £3,313 per annum. Ground rent details to be confirmed within the legal pack.A rare opportunity to acquire a spacious three-bedroom apartment in a high-growth area, offering immediate income and strong longer-term potential.
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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