Studio flat · M16 0YE
Let agreedListed 60 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
X1 Lettings are delighted announce a brand new studio apartment listing for resale at X1 Manchester Waters Block B.
This unfurnished apartment is generously sized at 25sqm and has a tenant in situ meaning investors can look to recieve a rental income with immediate effect.
Residents at X1 Manchester Waters can enjoy exclusive access to an onsite cinema room and an onsite gym.
Quick Financials Service Charge £951.28 Ground Rent £469.83 (5 year rpi) Monthly rent achievable £875 Management 9% + VAT Council Tax Band A Lease Terms - 240 years less 9 days commencing on 30.03.2017 About X1 Manchester Waters Manchester Waters is the regeneration of the 26 acres of dockland on Pomona Island, one of the last remaining large-scale regeneration opportunities available this close to Manchester city center.
X1 Manchester Waters Tower B – where this apartment is situated – is the second tower in a 5 phase masterplan which is being delivered now in partnership with Peel L&P.
The development of Manchester Waters and the adjacent Cornbrook Hub is creating a brand new neighborhood, offering the highest-quality urban living conditions in one of the UK’s most exciting cities.
Manchester is one of the leading regions for capital growth and also a top performer for rental growth.
Connectivity to wider Manchester The property is located a 2-minute walk from Pomona Strand tram stop, meaning residents can get to Manchester City Centre in a matter of minutes.
Viewings of this property are highly encouraged and can be arranged by getting in touch with our team. Images are for illustrative purposes only and may show a similar unit within the development.
The images may not reflect the exact apartment for sale. Please ask if you would like us to confirm if the images reflect the actual apartment.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 106B Manchester Waters, 3 Pomona Strand, Manchester
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