Sold Flat

APARTMENT 1007

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

2 beds 2 baths 710 sq ft Listed 28 Sep 2025 (-260d)

£198,000

Guide Price

Reduced on 28 Sep 2025

Save

Listing type

Auction

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Property details

Listing category

Auction

Tenure

LEASEHOLD

Floor area

66 m²

Council tax band

C

Last sold

£237,995 Nov 2023

Price per m²

£3,000/m²

Local average

£185,054 (+7%)

Street crime

2 incidents within 1 mile (Apr 2026)

Key features

  • For sale by public auction
  • Vacant possession
  • Only a couple years old
  • In good order
  • Close by to amenities

Additional details

Parking
Off street
Garden
Yes

Description

TO BE SOLD BY ONLINE AUCTION ON 12TH NOVEMBER 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
Apartment 1007, 5 Pomona Strand, Old Trafford, Manchester, M16
A modern two-bedroom apartment located within the sought-after Pomona Wharf development, offered with vacant possession and suitable for both investors and owner-occupiers. Not inspected by Edward Mellor.
The accommodation comprises entrance hall, open plan lounge/kitchen with balcony, two bedrooms (one en-suite) and bathroom/WC. The property benefits from electric heating, double glazing, concierge service and lift access. EPC rating B (valid until October 2033). Council Tax Band C.
Previously let at £1,400pcm (£16,800pa), the apartment presents an attractive investment with potential to achieve higher rents in line with other units in the development. Equally, its location and layout make it ideal for first-time buyers or those seeking modern city living.
Comparable sales evidence highlights:
£225,000 – sold 4 Aug 2020
£229,000 – sold 7 Nov 2023
£235,000 – sold 30 Sep 2021
£245,000 – sold 27 Oct 2023
£249,999 – sold 28 May 2021
£274,995 – sold 30 Jun 2021
£283,000 – sold 7 Nov 2023
£294,995 – sold 29 Jun 2020
Pomona Wharf is directly adjacent to the Metrolink stop, with trams every 5–10 minutes into the city centre, MediaCityUK and The Trafford Centre. Salford Quays, Old Trafford football & cricket grounds and Regent Retail Park are all close by, with a range of supermarkets and everyday amenities within easy reach.
Leasehold. Service charge approx. £3,313 per annum. Ground rent details to be confirmed in the legal pack.

Listed by

Auction

Edward Mellor Ltd

Reference: 167532389

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC epcgraph.co.uk

EPC epcgraph.co.uk

Price history

Event Date Price % change
Sold 07/11/2023 (2 years ago) £237,995

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
3 APARTMENT 1111 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YF £120,000 21/11/2025 Flat
QUAY 5, 240 APARTMENT 11E ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3NG £142,500 06/03/2025 Flat
METROPOLITAN HOUSE, 20 APARTMENT 29 BRINDLEY ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 9HW £122,500 21/12/2023 Flat
3 APARTMENT 707 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YF £219,995 01/11/2023 Flat
METROPOLITAN HOUSE, 20 APARTMENT 61 BRINDLEY ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 9HW £132,000 21/07/2023 Flat
QUAY 5, 240 APARTMENT 34E ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3NG £125,000 14/07/2023 Flat
15 RADCLYFFE MEWS, SALFORD, GREATER MANCHESTER, M5 3GD £178,000 03/03/2023 Flat
QUAY 5, 240 APARTMENT 29E ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3NG £125,000 25/10/2022 Flat
METROPOLITAN HOUSE, 20 APARTMENT 56 BRINDLEY ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 9HW £130,000 13/10/2022 Flat
QUAY 5, 240 APARTMENT 37E ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3NG £160,000 30/08/2022 Flat
QUAY 5, 240 APARTMENT 3E ORDSALL LANE, SALFORD, GREATER MANCHESTER, M5 3NG £117,000 08/08/2022 Flat
1 APARTMENT 406 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YD £223,500 15/07/2022 Flat
1 APARTMENT 706 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YD £245,000 27/05/2022 Flat
3 APARTMENT 1108 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YF £249,995 25/05/2022 Flat
3 APARTMENT 210 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YE £277,500 10/12/2021 Flat
METROPOLITAN HOUSE, 20 APARTMENT 6 BRINDLEY ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 9HW £118,400 16/09/2021 Flat
3 APARTMENT 1104 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YF £194,995 06/08/2021 Flat
3 APARTMENT 606 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YE £252,000 04/08/2021 Flat
3 APARTMENT 203 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YE £179,000 04/08/2021 Flat
3 APARTMENT 214 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YE £174,995 04/08/2021 Flat

Area average: £174,369 (20 sales)

Capital growth trend

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

5y growth -17.5%
10y growth 26.5%

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

1y (index) -7.4%
5y (index) 6.8%
10y (index) 45.6%

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

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 8.8%
Cost-to-rent ratio 11.4×
Monthly cashflow £500/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 10.5%
  • 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).