.png)
Apartment C511 Pomona Strand, Pomona Strand, Old Trafford Manchester, M16 0ZL
3 Bed Apartment – Apartment C511 Pomona Strand
Apartment C511 Pomona Strand, Pomona Strand, Old Trafford Manchester, M16 0ZL
For Sale
£178,000+
Key Features
- VACANT POSSESSION
- INCLUDES GYM MEMBERSHIP
- NO GROUND RENT
- ALLOCATED PARKING
- PRIME LOCATION
- Tenure: Leasehold
Description
FOR SALE BY ONLINE AUCTION ON 30TH SEPTEMBER - 1ST OCTOBER 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS
Apartment C511 Pomona Strand, Manchester
Three Bedroom recently built furnished Apartment within sought-after Pomona Strand development.
Benefits include peppercorn lease with NO GROUND RENT, long leasehold, allocated parking, gym membership, secure entry systems and premium resident facilities including private gym, cinema room, communal lounges and landscaped waterside surroundings.
Tenure / Property Information
Council Tax Band: D; Tenure: Leasehold; Annual Service Charge: £3,313.00; Years Remaining on the Lease: 231
Investment Analysis
HB analysis uses the supplied Edward Mellor scrape as the primary property source. Auctioneer facts are separated from HB desktop estimates; all figures should be verified before bidding.
Investment Snapshot
| Guide / Starting Bid | £178,000+ |
| HB Base GDV | £354,498 |
| Refurbishment Budget | £15,000 |
| Purchase + Works | £193,000 |
| Monthly Rent | £1,718 pcm |
| Annual Income | £20,610 |
| Gross Yield on Guide | 11.6% |
| Gross Yield on Total Cost | 10.7% |
| 75% Refinance on Base GDV | £265,873 |
| Indicative Cash Left In | £-72,873 |
Market Comparables
Comparable Sold properties at Pomona Strand include Apartment 1110, 5 Pomona Strand, M16 0ZN sold for £380,000 on 15th October 2025 and Apartment 1206, 5 Pomona Strand sold for £328,995 on 9th October 2025.
HB Base GDV £354,498 is based on the median of sold comparables quoted in the auctioneer’s scraped description.
Proposed Works
HB desktop works allowance: £15,000. Allow for inspection-led repairs, decoration, safety/compliance items and contingency.
Rental Value
Rental properties that have LET recently include: 3 Pomona Strand, Old Trafford, Manchester M16, a three-bedroom furnished apartment LET at £1,950 PCM in February 2026 and 1 Pomona Strand, Manchester M16, a two-bedroom furnished apartment LET at £1,485 PCM within the last 7 months.
Low / Base / High Investment Scenario
| Low GDV | £336,773 |
| Base GDV | £354,498 |
| High GDV | £372,222 |
| Base Total Cost | £193,000 |
| Base Equity Before Finance/Tax | £161,498 |
BTL Analysis
At the starting bid, the gross yield is 11.6%.
BRRR Analysis
Using a 75% refinance against the HB base GDV gives indicative refinance proceeds of £265,873. Against purchase plus works of £193,000, indicative cash left in is £-72,873. Finance, tax, legal fees and lender valuation haircuts are excluded.
Flip Analysis
At the HB base GDV, after purchase plus works and an indicative 2% selling allowance, the pre-finance/pre-tax flip surplus is approximately £154,408. This is a screening figure, not a formal valuation.
Maximum Bid Indicator
HB Desktop Screening Ceiling: approximately £279,233. This is a desktop screening ceiling only, not a formal valuation or instruction to bid; SDLT, finance, legal fees and property-specific abnormal costs must be added separately.
Strategy Recommendation
Most relevant strategy: BTL / BRRR. The choice reflects the scraped condition/occupancy narrative, available rent evidence and the relationship between the starting bid, works allowance and HB base GDV.
Strategy Rating
BTL ★★★★★; BRRR ★★★★☆; Flip ★★★★☆
Key Risks
- lease terms, service charge and ground rent must be checked against the legal pack
- tenancy status, arrears and possession position require legal verification
Analysis Confidence
Medium-High. Confidence reflects the quality of the supplied listing information, embedded coordinates/images, and the amount of sold/rental evidence captured in the scrape.
Auction Details :
Edward Mellor
Auction Date :
30/09/26
Lot Number :
Property Location:
Apartment C511 Pomona Strand, Pomona Strand, Old Trafford Manchester, M16 0ZL
View our Property Calculators:
-
BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.
-
Buy to Let Calculator - Calculate rental yield, cash flow and potential return.
-
Property Development Calculator - Assess development costs, GDV and potential profit.
-
Build Cost Calculator - Estimate refurbishment, extension and construction costs.
-
Bridging Finance Calculator - Estimate borrowing costs and potential finance requirements.
Building Suppliers in your area
Tradespersons in your area
Professionals in your area
More Auction Properties from:
Edward Mellor
Image | Property Title | Price | Postcode | Location | Auction Date | Status |
|---|---|---|---|---|---|---|
Briarwood Avenue, Droylsden, M43 | £187,000 | M43 | Manchester | 02/07/2025 | Sold | |
Cutler Lane, Bacup, Lancashire, OL13 | £80,000 | OL13 | Lancashire | 02/07/2025 | Sold | |
Walnut Street, Abbey Hey, Greater Manchester, M18 | £118,000 | M18 | Manchester | 02/07/2025 | Sold | |
Land at 601 Cheadle Road, Wetley Rocks, Leek, Stoke-on-Trent, ST9 | £67,000 | ST9 | Staffordshire | 02/07/2025 | Sold | |
Jones Street, Glossop, Derbyshire, SK13 | £141,000 | SK13 | Derbyshire | 02/07/2025 | Sold | |
Cliff Hill Road, Shaw, Oldham, OL2 | £300,000 | OL2 | Oldham | 02/07/2025 | Sold | |
Winifred Road, Heavily, Stockport, SK2 | £191,000 | SK2 | Stockport | 02/07/2025 | Sold | |
Carberry Road, Abbey Hey, Greater Manchester, M18 | £141,000 | M18 | Manchester | 02/07/2025 | Sold | |
Apartment 809, Cardinal Court, Scholes Street, Oldham, OL1 | £38,000 | OL1 | Oldham | 02/07/2025 | Sold | |
Lowfield Road, Shaw Heath, Stockport, SK3 | £145,000 | SK3 | Stockport | 02/07/2025 | Sold | |
Milton Road, Audenshaw, Droylsden, Greater Manchester, M34 | £148,000 | M34 | Manchester | 02/07/2025 | Sold | |
Ashton New Road, Clayton, M11 4QJ, Manchester, M11 | £180,000 | M11 | Manchester | 02/07/2025 | Sold |