£119,995 /Sale price

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 HighlightsGenerously sized 25sqm studio on the 2nd floorCurrently tenanted, providing rental income from day oneAccess to excellent on-site amenities including a private cinema room and residents? gymLease term: 240 years less 9 days from 30.03.2017FinancialsRent 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% + VATCouncil Tax Band: AAbout Manchester WatersX1 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 & ConnectivityJust 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.