2 bedroom flat for sale
Eastbank Tower, 277 Great Ancoats Street, Manchester, Manchester, M4

- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- EWS1 Approved
- Tenant in place
- Completed and establighed development
- Prime location
- No chain
Description
Prime Investment Opportunity – Apartment 211 - X1 Eastbank Tower, Ancoats, Manchester
Secure a high-performing investment in one of Manchester’s fastest-growing districts with this 2-bedroom, fully furnished apartment at X1 Eastbank Tower. Perfectly positioned for both city living and rental demand, this property offers a rare combination of immediate rental income, long leasehold security, and potential capital growth.
Key Features:
Two double bedrooms with built-in storage
Modern, fully fitted bathroom and contemporary open-plan living space
Integrated kitchen appliances including dishwasher, washer/dryer, and white goods
Utility cupboard for extra storage
Electric heating throughout
Balcony with selected units offering stunning city views
Exclusive on-site gym for residents
Nightly on-site security (8 PM – 6 AM)
Secure entry system
Unbeatable Location – Ancoats, Manchester:
Steps from the Northern Quarter – Manchester’s most desirable creative district
Minutes from Manchester City Centre and Piccadilly Station
Excellent transport links including New Islington tram stop
Surrounded by bars, restaurants, and cultural hotspots – high tenant demand guaranteed
Investment Performance:
Asking Price: £169,950
Current Rent: £1,300 PCM (£15,600 PA)
Gross Yield: 9.2% – outperforming many comparable city-centre investments
Service Charge (2025): £3,497 PA
Ground Rent: £250 PA (with 5-year RPI increases)
Lease: 237 years remaining (01.01.2016 – 22.03.2253)
Letting Fees: 9% + VAT
With a long lease, prime location, and strong rental income, this apartment is an ideal addition to any portfolio seeking secure, high-yield property in Manchester.
Investment Highlights:
High demand for city-centre rentals ensures minimal void periods
Modern, fully furnished finish reduces management effort
Excellent potential for capital appreciation in one of Manchester’s trendiest areas
Photos shown are of a similar unit within the development for illustrative purposes.
- 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.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Eastbank Tower, 277 Great Ancoats Street, Manchester, Manchester, M4
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Visit our security centre to find out moreDisclaimer - Property reference SAL260003. 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 X1 Sales & Lettings, 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.
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