Summary - Manchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M16 M16 0YD
1 bed 1 bath Flat
Turnkey studio with tenant and EWS1, steps from Pomona tram and MediaCity..
- 25 sqm second-floor studio, tenant in situ generating £825 pcm
- EWS1 certificate in place
- 223 years remaining on the lease (long lease)
- Service charge £1,445.61 (2025 budget) and ground rent £469.83 (RPI review)
- Two-minute walk to Pomona Strand tram; near MediaCity and city centre
- On-site gym, private cinema room and overnight security
- Cash-buyers only due to lease terms
- Small studio layout limits owner-occupier market
A compact, modern second-floor studio in Manchester Waters offered with a long lease and a tenant in situ — ideal for investors seeking immediate income. The apartment is 25 sqm, well-presented with a contemporary kitchenette, large window and good natural light. An EWS1 certificate is in place.
The property benefits from strong connectivity: a two-minute walk to Pomona Strand tram stop, quick access to MediaCity and Manchester city centre, plus on-site amenities such as a residents’ gym, private cinema room and overnight security. Current rent of £825 pcm provides an immediate yield while council tax is in Band A (very cheap).
Practical considerations are clear: the sale is leasehold with 223 years remaining and annual service charge and ground rent apply (2025 service charge £1,445.61; ground rent £469.83 with 5‑year RPI review). The studio’s small footprint and single-room layout limit broad owner-occupier appeal but suit buy-to-let demand in this regeneration area. Important: lease terms mean the property is available to cash buyers only.
Overall this is a turnkey investment in a rapidly regenerating pocket of Manchester with steady rental demand and decent long-term upside, balanced against service costs, ground rent reviews and a restricted sales market for occupiers.
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