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Eastbank Tower, Great Ancoats Street, Manchester, M4

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

2

SIZE

661 sq ft

61 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
2 Bed 2 Bath
1

Key features

  • Two Double Bed, Two Bath Apartment
  • Parking Space Included & Private Balcony
  • Feature Bay Windows To Both Bedrooms
  • 24hr On-Site Gym
  • Highly Desirable City Centre Location
  • Walking Distance to Piccadilly Station
  • Close to Shops, Bars & Restaurants
  • Tenanted Until April 2025
  • 6% NET Yield
  • Very Attractive Price For This Spec

Description

6% NET YIELD - MANCHESTER CITY CENTRE
PARKING SPACE INCLUDED & PRIVATE BALCONY
IDEAL CASH INVESTMENT OPPORTUNITY
10 MINUTES WALK TO PICCADILLY TRAINSTATION

Take a look at the 360 Virtual Tour & Video Walkthrough!

Tenanted Until April 2025!

Current Financial Performance:
Rental Income: £1,150pcm / £13,800 per annum
Parking Space: £100pcm / £1,200 per annum
Total Gross Rent: £15,000 per annum

Service Charge: £3,069 per annum
Ground Rent: £250 per annum
Lettings Fee 8% + VAT: £1,324.80 per annum

NET INCOME: £10,356.20
NET YIELD: 6%

ATTRACTIVE PRICE for a 2 BED, 2 BATH with PARKING INCLUDED & PRIVATE BALCONY! Mr Investa are pleased to present this fantastic cash investment opportunity located in the centre of Manchester which is tenanted and fully managed until April 2025 providing a 6% NET YIELD! Featuring BAY WINDOWS to both bedrooms and located in the HIGHLY SOUGHT AFTER Ancoats district of Manchester City Centre, just minutes from Piccadilly Train Station, this would make the ideal property for investors. EWS1 Approved.

Situated in a highly desirable area of Ancoats, the location is perfect! Offering easy access to Manchester City Centre and Ancoats Urban Village, just a short walk from a variety of popular shops, bars, restaurants and cafés.

Eastbank Tower is securely accessed via a fob entry system and residents have access to a 24hr on-site gym.

This popular development is located just a 10-minute walk away from Piccadilly Train Station and is also a 5-minute walk from the New Islington Metrolink tram station to easily get around the city centre and Greater Manchester.

The property also benefits from easy access to the M62/M602 & M60 motorway links.

Tenure: Leasehold 235 years from 2017

NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa does not accept any responsibility in respect of this information provided.
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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
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, Great Ancoats Street, Manchester, M4

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About Mr Investa Ltd, Salford

Mr Investa, Blue Tower, MediaCityUK, M50 2ST
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We offer a unique and bespoke service for Landlord to Landlord Sales.

Here at Mr Investa we understand that not ever investor is the same, not every seller or buyer have the same requirements.

Using the latest technology in the property market to give our clients a full insight to the properties and areas we offer from the comfort of their home or on the go. We do this by providing a virtual tours, floor-plans and financial performance for each property.

Our aim is to take the time, effort and stress away for our clients by doing all of the leg work for them, so we have created a simple 5 step process to help buy or sell a buy-to-let property.

Your mortgage

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Years
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Monthly repayments
£858
We think you can borrow up to
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Disclaimer - Property reference MSN-50149870. 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 Mr Investa Ltd, Salford. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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