Sold STC Flat

APARTMENT 511

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

3 beds 1,055 sq ft Listed 19 May 2025 (-371d)

£283,000

Reduced on 20 May 2025

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Property details

Tenure

LEASEHOLD (232 years remaining on lease)

Floor area

98 m²

EPC rating

B

Last sold

£269,995 Nov 2023

Price per m²

£2,888/m²

Local average

£188,991 (+49.7%)

Street crime

2 incidents within 1 mile (Mar 2026)

Key features

  • Manchester Water Towers Development
  • Stunning Views
  • 5th Floor Apartment
  • Currently Tenanted until Sept 2025
  • No Ground Rent Applicable (One Peppercorn Clause)
  • Allocated Parking Space

Additional details

Parking
Allocated

Description

Greenco Property Group are delighted to welcome this Three Bedroom Apartment, located on the 5th Floor of the Manchester Water Towers Development. This property has the added benefit of a large balcony providing excellent City Centre and Waterside views.

Just a stone's throw away from MUFC Old Trafford and with its own Metrolink Station, residents have easy access to Media City/Salford Quays, bars, restaurants, and shops. The development is part of a huge regeneration and investment area, making it one of the most sought-after properties in the city. Enjoy the bustling city centre and tranquil waterside all in one location.

This property comprises of an open plan living, dining and kitchen space, offering ample amounts of storage and integrated kitchen appliances, a modern three-price bathroom suite, and leading off from the living space is a large balcony with the benefit of incredible views. Three large double bedrooms, with a modern en-suite leading off the master bedroom. This property offers a massive amount of space and comfort.

This property is currently tenanted at £1,800/month and the contract ends in September 2025.

Private residents' gym, cinema room, communal space, secure entry system, bicycle storage and an allocated parking spot for this apartment!

Call us now to arrange a viewing on this stunning apartment!

Leasehold - 240 Years from 30 September 2017
No Ground Rent applicable (One Peppercorn Clause)

Service Charge: £3,313/per annum

Listed by

Salford

Green Co

Reference: 162147134

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 12/10/2023

Current heating cost: £311/year

Potential heating cost: £311/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event Date Price % change
Sold 07/11/2023 (2 years ago) £269,995

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
Same street 5 APARTMENT 216 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £152,995 13/02/2024 Flat
METROPOLITAN HOUSE, 20 APARTMENT 29 BRINDLEY ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 9HW £122,500 21/12/2023 Flat
Same street 5 APARTMENT 412 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £154,995 04/12/2023 Flat
Same street 5 APARTMENT 505 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £179,995 24/11/2023 Flat
Same street 5 APARTMENT 108 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £137,390 22/11/2023 Flat
Same street 5 APARTMENT 610 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £265,995 09/11/2023 Flat
Same street 5 APARTMENT 501 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £224,995 07/11/2023 Flat
Same street 5 APARTMENT 204 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £169,995 07/11/2023 Flat
Same street 5 APARTMENT 506 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £208,995 07/11/2023 Flat
Same street 5 APARTMENT 705 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £164,995 06/11/2023 Flat
Same street 5 APARTMENT 713 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £199,995 03/11/2023 Flat
Same street 5 APARTMENT 513 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £214,000 02/11/2023 Flat
Same street 5 APARTMENT 312 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £154,995 02/11/2023 Flat
Same street 5 APARTMENT 512 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £159,995 02/11/2023 Flat
Same street 5 APARTMENT 202 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £132,995 02/11/2023 Flat
3 APARTMENT 707 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YF £219,995 01/11/2023 Flat
Same street 5 APARTMENT 401 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0ZL £228,995 30/10/2023 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 203 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YE £179,000 04/08/2021 Flat
3 APARTMENT 606 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YE £252,000 04/08/2021 Flat
3 APARTMENT 214 POMONA STRAND, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0YE £174,995 04/08/2021 Flat

Street average: £183,422 (15 sales)

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 -15.5%
10y growth 67.1%

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

1y (index) -0.3%
5y (index) 11.3%
10y (index) 47%

Company ownership

Registered legal owner is a company.

Company-owned (UK company) Company-owned (Overseas company)

Company: GG-576-315 LIMITED (15342763)

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: £593/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 1.3 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
Robbery 1
Violence and sexual offences 1
Total incidents 2

Within 1 mile during Mar 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
3 Bed Flat, Pomona Strand, M16 £1,950/mo 3 0.01 miles OpenRent

Average rent: £1,950/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

This street 12.1% gross yield avg £192,648 sale, £1,950/mo rent
Rent ratio 0.69%
Max investor price (0.8%) £243,750
Target investor price (1%) £195,000
Gross yield 8.3%
Cost-to-rent ratio 12.1×
Monthly cashflow £616/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 9%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • 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).