Eastbank Tower, 277 Great Ancoats Street, Manchester, Greater Manchester, M4
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
406 sq ft
38 sq m
Key features
- Currently rented out for £900 per month
- EWS1 Form available
- Significant rental demand
- Popular location close to Ancoats
- Second floor
- Popular investment option
- On-site gym
- EPC Rating = B
Description
Description
Savills are delighted to present this excellent buy to let opportunity in the popular Eastbank Tower development.
This apartment could represent an ideal turn key investment for the discerning investor, with a low entry price point and significant rental demand for the development. The apartment is currently tenanted at £900pcm with a gross yield of 7.71%.
The property briefly comprises of an entrance hallway which leads through to a spacious open plan living and kitchen area. Further, there is a modern primary bathroom and well-sized double bedroom. The development benefits from an on-site gym available for resident use only.
Eastbank has been a popular development since its build, positioned along Great Ancoats street the development boasts easy access to everything Ancoats, Nothern Quarter and New Islington have to offer.
Service charge pa: £1,800
Ground rent pa: £250 (increases by doubling every 10 year term for the first 30 years', before then moving to in line with RPI)
Lease years remaining: Circa 243
Location
Eastbank Tower sits in a fantastic location with ease of access to all Manchester has to offer.
New Islington tram stop is located close by for travel in and around the city (0.4m), whilst Piccadilly station offers excellent rail connectivity across the UK (0.5m).
Grocery shopping for essentials is provided easily thanks to the nearby Ancoats General Store (0.6m) and the Aldi superstore (0.4m).
General shopping, restaurants and bars are in abundance thanks to the Ancoats location, and close proximity to Northern Quarter. Mana (Michelin Star restaurant - 0.7m), Rudy's Neapolitan Pizza (0.6m), Canto (0.6m), The Crown & Kettle (0.7m) are situated close by to name a few!
For sport and entertainment. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 3.5m and 1.0m away respectively.
For cultural activities, locally residents are only 0.6m from Ancoats Pop Up Markets which often hosts an array of food music, crafts and activities.
Please note all distances quoted are approximate.
Square Footage: 406 sq ft
Leasehold with approximately 241 years remaining.
Brochures
Web Details- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Eastbank Tower, 277 Great Ancoats Street, Manchester, Greater Manchester, M4
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Visit our security centre to find out moreDisclaimer - Property reference MNS220129. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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