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Studio for sale

£110,000

X1 Manchester Waters, Pomona Strand, Manchester M15

1 1
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Property features

  • Luxury & Iconic Skyline Development
  • Stunning Views of the Waterfront
  • Located in an Extremely Strong Rental Market
  • Circa 6% Net Return
  • Part of the Northern Powerhouse

Property description

Luxury Apartment Part of the X1 Manchester Waters Development

X1 Manchester Waters is a residential development located close to the centre of the uk’s ‘second city’ of Manchester. The development is set to be the perfect tenant retreat, overlooking the tranquil waterfront whilst being near Manchester’s vibrant city centre, offering tenants the best of both worlds.

The outstanding development will be furnished to the highest standard.

Ranging from spacious studios to high-end three-beds, most apartments will benefit from the spectacular view of the waterfront.

The location of X1 Manchester Waters is truly unparalleled. With two Metrolink stops located within a 5-minute walk, residents are able to reach Manchester’s city centre with ease, and enjoy everything ‘the Capital of the North’ has to offer.

Investment Overview

• Luxury & Iconic Skyline Development
• Stunning Views of the Waterfront
• Located in an Extremely Strong Rental Market
• Circa 6% Net Return
• Completion Q4 2019
• Part of the Northern Powerhouse

Regeneration

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 centre.

The site has magnificent waterfront views over the Manchester Ship Canal, which will become a stunning backdrop to the new development.
The development of Manchester Waters will create a new destination, offering the highest-quality urban living conditions in one of the uk’s most exciting cities. Pomona Island is the gateway to the city of Manchester, and this development is sure to be extremely, popular with residents looking for high quality rental accommodation in a location which is close to the city centre but remains a tranquil retreat.

Key Features

• Spacious Apartments
• Stunning views over the Waterfront
• Walking Distance to Manchester City Centre
• Two Metrolink Tram stops Located Within a 5 Minute Walk
• Old Trafford Football Stadium is Approximately 10 Minutes Away from the site
• Private Gymnasium, Cinema Room
• Communal Space & Secure Entry System
• Bicycle Storage & Secure Parking on Selected Units

Manchester was given the title of the uk’s most liveable city and the 43rd best in the world in 2016 by the Economist Intelligence Unit and was praised for its infrastructure, stability and culture.

Payment Process
• 25% Paid on Exchange of Contracts plus 50% of Furniture Pack
• 10% Due 6 Months after plus Remaining 50% of Furniture Pack
• Remaining Paid on Completion

Parker Buchanan

We attribute our huge success to building great relationships with each and every individual who enters partnership with us. Our team of professionals are ready and looking forward to providing you with exceptional service.

Make one of these beautiful apartments the next residence you own.

Floor plans and availability will be emailed to you on request.

Contact Us Today for a Free Consultation and to Register your Interest
Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £174,705 Sales 270 Current average value £183,005 (Zoopla Zed-Index) Value change £2,704 ▲ 1.50%

Property value data/graphs for M15

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £184,688 £184 2.8 £161,833
Semi-detached £169,903 £202 3.0 £161,125
Terraced £173,036 £191 2.9 £167,034
Flats £185,327 £262 1.9 £176,475

Current asking prices in M15

Average: £220,913
Avg. current asking prices in M15
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - £168,317
(3)
- -
Flats £162,110
(22)
£239,885
(52)
£333,569
(7)
£225,000
(1)
-
All £162,110
(22)
£239,885
(52)
£283,994
(10)
£225,000
(1)
-

Current asking rents in M15

Average: £1,019 pcm
Avg. current asking prices in M15
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £424 pcm
(4)
£1,074 pcm
(4)
£1,163 pcm
(20)
£1,531 pcm
(20)
£672 pcm
(1)
Flats £784 pcm
(42)
£880 pcm
(107)
£1,371 pcm
(13)
£2,513 pcm
(3)
£3,142 pcm
(3)
All £753 pcm
(46)
£887 pcm
(111)
£1,245 pcm
(33)
£1,659 pcm
(23)
£2,524 pcm
(4)

Fun facts for M15

Highest value in M15
Highest value streets Zed-Index
Burton Place £1,081,315
Castle Quay £324,143
Chester Road £283,366
The Sanctuary £237,644
Mackworth Street £229,011
Highest turnover in M15
Highest turnover streets Turnover
Clayburn Street 46.2%
Halston Street 41.7%
Arundel Street 35.3%
The Sanctuary 35.0%
Little Peter Street 34.4%

What Zoopla users think of Manchester

Overall rating:

  • currently 4 stars
Very good - 77% (538 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Manchester:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Deansgate (0.8 miles)
  • Manchester United Football Ground (1.0 mile)
  • Salford Central (1.1 miles)
  • Manchester International Airport (8.0 miles)
  • Liverpool John Lennon Airport (25.7 miles)
  • Leeds Bradford International Airport (37.1 miles)
  • Liverpool Pier Head Ferry Terminal (30.3 miles)
  • Liverpool Isle of Man & Dublin Terminal (30.4 miles)
  • Liverpool Belfast Ferry Terminal Bootle (30.4 miles)

Nearby schools

View all schools in Trafford
  • Old Trafford Community Academy (0.3 miles)
  • St Alphonsus RC Primary School (0.5 miles)
  • St Joseph's RC Primary School (0.6 miles)
  • Abbey College Manchester (1.3 miles)
  • Connell Sixth Form College (3.2 miles)
  • Oldham Sixth Form College (7.8 miles)
  • Oasis Academy MediaCityUK (0.7 miles)
  • Trinity CofE High School (1.3 miles)
  • St John Vianney School (1.3 miles)
Note: Distances are straight line measurements

Local info for Trafford

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For more information about this property, please contact
Parker Buchanan, WC2H on +44 20 8115 3376 * (local rate)

Monthly running costs Beta

£576 Monthly total

Mortgage

Purchase price
Deposit (10%) 11,000
Repayment term 25
Interest rate 1.5
Your payment £395 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £16/mo (£191/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £19 Electricity £24 Estimated energy cost £43/mo

Similar properties could save up to £144

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Trafford

Estimated tax band A Council tax cost £94 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £13 Sewerage £15 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Parker Buchanan about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Parker Buchanan, and do not constitute property particulars. Please contact Parker Buchanan for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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