Sold Penthouse

APARTMENT 1401

5 POMONA STRAND, MANCHESTER, OLD TRAFFORD, GREATER MANCHESTER M16 0ZN

2 beds 2 baths 614 sq ft Listed 21 Apr 2026 (-50d)

£200,000

Guide Price

Reduced on 13 May 2026

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# 2 bedroom penthouse for sale (M16 0ZN)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 1401, 5 POMONA STRAND, MANCHESTER, OLD TRAFFORD, GREATER MANCHESTER M16 0ZN |
| Price | £200,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | C |
| Floor area | 57 m² |
| Last sold | £274,995 Nov 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Current heating cost:** £358/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9690-7575-0832-5099-3073)

## Description

TO BE SOLD BY ONLINE AUCTION ON 10TH-11TH JUNE, 2026, UNLESS SOLD PRIOR UNDER AUCTION TERMS

Two Bedroom Penthouse (14th Floor) Apartment - Manchester Water Towers.

Has elevated views across the city skyline and surrounding waterside.

The property is accessed via a secure communal entrance with lift access and comprises an entrance hallway, open plan living/dining/kitchen area with integrated appliances and access to a large private balcony, two double bedrooms (principal with ensuite), and a separate three-piece bathroom and partially furnished – sold as seen.

The development has on-site facilities including a private residents’ gym, cinema room, communal spaces, secure entry system, bicycle storage and an allocated parking space.

Leasehold – 240 years from 30 September 2017 and No Ground Rent (peppercorn)

Service Charge: £2,048 per annum

Located within close proximity to Old Trafford Football Stadium and Lancashire County Cricket Club, with direct access to a Metrolink station serving Manchester City Centre, MediaCityUK and Salford Quays. The property also offers convenient access to the M60, M56 and A56 road networks, as well as Trafford Park.

Nearby amenities include Salford Quays and MediaCityUK offering a range of bars, restaurants and leisure facilities, along with White City Retail Park and the Trafford Centre. Local shops and everyday amenities are also within easy reach. The area is subject to ongoing regeneration and investment.

Suitable for investment or owner occupation.

Here is a similar property which highlight the potential: Hulme Street, Manchester, M5 – two-bedroom penthouse recently sold £300,000

Penthouse apartments within Manchester command a premium due to their position, views and outside space, with comparable units regularly achieving significantly higher values than standard apartments. Rental values for similar properties £1,400 per calendar month, rising to £1,500+ for higher specification units with premium facilities and views.

## Property Photos

- ![2.jpeg](/listings/photos/174749948/557399) - 2.jpeg
- ![3.jpeg](/listings/photos/174749948/557400) - 3.jpeg
- ![4.jpeg](/listings/photos/174749948/557401) - 4.jpeg
- ![5.jpeg](/listings/photos/174749948/557403) - 5.jpeg
- ![6.jpeg](/listings/photos/174749948/557405) - 6.jpeg
- ![7.jpeg](/listings/photos/174749948/557407) - 7.jpeg
- ![8.jpeg](/listings/photos/174749948/557408) - 8.jpeg

## Floorplans

- ![Floorplan.jpg](/listings/photos/174749948/557409) - Floorplan.jpg

## EPC Graphs

- ![EPC epcgraph.co.uk](/listings/photos/174749948/557410) - EPC epcgraph.co.uk

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 5 APARTMENT 1401 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZN | £274,995 | 07/11/2023 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| UNIT 30 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ | £215,000 | 19/03/2025 | Other |
| UNIT 6 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ | £750,000 | 14/03/2025 | Other |
| UNIT 23 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ | £225,000 | 26/09/2024 | Other |
| 7 DARWEN STREET, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 9HT | £600,000 | 31/05/2023 | Other |
| UNIT 26 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ | £155,000 | 15/02/2023 | Other |
| UNIT 36 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ | £1,500 | 22/12/2022 | Other |
| UNIT 7 HAGLEY ROAD, SALFORD, GREATER MANCHESTER, M5 3EY | £870,000 | 15/09/2022 | Other |
| 325 UNIT 10 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3LW | £662,500 | 28/07/2022 | Other |
| TRAFFORD BANK HOUSE, 32 BRINDLEY ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 9SD | £2,000,000 | 27/06/2022 | Other |
| UNIT 29 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ | £527,500 | 09/05/2022 | Other |
| UNIT 31 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ | £609,000 | 15/02/2022 | Other |
| 3 APARTMENT 903 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YF | £240,840 | 09/08/2021 | Other |
| UNIT 9 HAGLEY ROAD, SALFORD, GREATER MANCHESTER, M5 3EY | £1,102,800 | 15/06/2021 | Other |

**Area average:** £612,242 (13 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £515,125 (8 Other, M16, 2024–2026)
- **Deviation:** -61.2%

## Rental Range

*ONS Price Index of Private Rents (North West). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £856/mo
- **Realistic:** £951/mo
- **Optimistic:** £1,046/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for East Lancs (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £474/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Syren Apartments, M50 | £1,450/mo | 2 | 0.4 miles | OpenRent |

**Average rent: £1,450/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.73% (weak for cashflow)
- **Max investor price (0.8%):** £181,250
- **Target investor price (1%):** £145,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,450/mo).*

- **Gross yield:** 8.7%
- **Cost-to-rent:** 11.5×
- **Monthly cashflow:** £492/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £3,509/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 30.6%
- **10y growth:** 1150%

## House Price Index (HM Land Registry)

*Official index for North West; All dwelling types series; as of March 2026.*

- **1y growth (index):** -0.8%
- **5y growth (index):** 22%
- **10y growth (index):** 63.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Listing type

Auction

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Property details

Listing category

Auction

Tenure

LEASEHOLD

Floor area

57 m²

Council tax band

EPC rating

Last sold

£274,995 Nov 2023

Price per m²

£3,509/m²

Local average

£515,125 (-61.2%)

Street crime

2 incidents within 1 mile (Apr 2026)

Key features

TO BE SOLD BY ONLINE AUCTION
VACANT POSESSION
Penthouse Apartment 14th Top Floor
2 Bedrooms
2 Bathrooms
Allocated Secure Parking

Additional details

Parking: Permit, Private
Garden: Yes

Description

TO BE SOLD BY ONLINE AUCTION ON 10TH-11TH JUNE, 2026, UNLESS SOLD PRIOR UNDER AUCTION TERMS
Two Bedroom Penthouse (14th Floor) Apartment - Manchester Water Towers.
Has elevated views across the city skyline and surrounding waterside.
The property is accessed via a secure communal entrance with lift access and comprises an entrance hallway, open plan living/dining/kitchen area with integrated appliances and access to a large private balcony, two double bedrooms (principal with ensuite), and a separate three-piece bathroom and partially furnished – sold as seen.
The development has on-site facilities including a private residents’ gym, cinema room, communal spaces, secure entry system, bicycle storage and an allocated parking space.
Leasehold – 240 years from 30 September 2017 and No Ground Rent (peppercorn)
Service Charge: £2,048 per annum
Located within close proximity to Old Trafford Football Stadium and Lancashire County Cricket Club, with direct access to a Metrolink station serving Manchester City Centre, MediaCityUK and Salford Quays. The property also offers convenient access to the M60, M56 and A56 road networks, as well as Trafford Park.
Nearby amenities include Salford Quays and MediaCityUK offering a range of bars, restaurants and leisure facilities, along with White City Retail Park and the Trafford Centre. Local shops and everyday amenities are also within easy reach. The area is subject to ongoing regeneration and investment.
Suitable for investment or owner occupation.
Here is a similar property which highlight the potential: Hulme Street, Manchester, M5 – two-bedroom penthouse recently sold £300,000
Penthouse apartments within Manchester command a premium due to their position, views and outside space, with comparable units regularly achieving significantly higher values than standard apartments. Rental values for similar properties £1,400 per calendar month, rising to £1,500+ for higher specification units with premium facilities and views.

Listed by

Auction

Edward Mellor Ltd

Reference: 174749948

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 13/10/2023

Current heating cost: £358/year

Potential heating cost: £358/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan.jpg

EPC Graphs

EPC epcgraph.co.uk

Price history

Event	Date	Price	% change
Sold	07/11/2023 (2 years ago)	£274,995	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
UNIT 30 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ	£215,000	19/03/2025	Other
UNIT 6 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ	£750,000	14/03/2025	Other
UNIT 23 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ	£225,000	26/09/2024	Other
7 DARWEN STREET, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 9HT	£600,000	31/05/2023	Other
UNIT 26 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ	£155,000	15/02/2023	Other
UNIT 36 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ	£1,500	22/12/2022	Other
UNIT 7 HAGLEY ROAD, SALFORD, GREATER MANCHESTER, M5 3EY	£870,000	15/09/2022	Other
325 UNIT 10 ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3LW	£662,500	28/07/2022	Other
TRAFFORD BANK HOUSE, 32 BRINDLEY ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 9SD	£2,000,000	27/06/2022	Other
UNIT 29 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ	£527,500	09/05/2022	Other
UNIT 31 WATERS EDGE BUSINESS PARK, SALFORD, GREATER MANCHESTER, M5 3EZ	£609,000	15/02/2022	Other
3 APARTMENT 903 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YF	£240,840	09/08/2021	Other
UNIT 9 HAGLEY ROAD, SALFORD, GREATER MANCHESTER, M5 3EY	£1,102,800	15/06/2021	Other

Area average: £612,242 (13 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 30.6%

10y growth 1150%

House Price Index (HM Land Registry — official index, not sold-price averages): North West. Series: All dwelling types. As of March 2026.

1y (index) -0.8%

5y (index) 22%

10y (index) 63.2%

Rental Range

Estimated market rent for North West. Low = conservative, Realistic = average, Optimistic = best case.

Low £856/mo

Realistic £951/mo

Optimistic £1,046/mo

Based on Postcode area M → North West.

LHA (30th percentile) floor for East Lancs: £474/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M16 0ZN

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Invasion	0.1 miles
Bus stop	Ordsall Lane/Ordsall Hall	0.2 miles
Shop	Lupo	0.3 miles
Train station	Deansgate	1.1 miles
Train station	Salford Crescent	1.4 miles
University	Manchester School of Art	1.5 miles
Hospital	Salford Gastric Bypass Surgery	1.6 miles
University	University of Law	1.7 miles
Hospital	The Ailsa Craig Medical Practise	2.9 miles

Street-level crime

Category	Count
Violence and sexual offences	2
Total incidents	2

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Old Trafford Community Academy	Primary	0.4 miles	— (Inspected (no overall grade))
St Alphonsus RC Primary School	Primary	0.5 miles	— (Inspected (no overall grade))
Seymour Park Community Primary School	Primary	0.6 miles	Outstanding — 24 Jan 2024
Afifah School	Other	0.6 miles	Good — 25 Apr 2024
St Joseph's RC Primary School	Primary	0.6 miles	Good — 24 May 2022

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Flat, Syren Apartments, M50	£1,450/mo	2	0.4 miles	OpenRent

Average rent: £1,450/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.73%

Max investor price (0.8%) £181,250

Target investor price (1%) £145,000

Gross yield 8.7%

Cost-to-rent ratio 11.5×

Monthly cashflow £492/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 10.2%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).