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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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TENURE
Describes 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

X1 Sales is proud to present this Turnkey Investment opportunity at East Bank Tower.

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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About X1 Sales & Lettings, Salford

9 Michigan Avenue, Salford, M50 2HA

Welcome to X1!

Whether you're looking to purchase your first buy-to-let property, build on your existing portfolio, buying for capital appreciation, or simply find your next home, X1 have properties for sale to suit a wide range of needs.

We are proud of the properties that we bring to market and our teams' in-depth knowledge of the local areas helps us to share a breadth of information to help you whatever your investment strategy may be.

Buying a property doesn't need to be a stressful experience and we are confident that when you buy with X1, it won't be.

Buying with X1 means you will enjoy a relationship with one point of contact and your sales negotiator will help every step of the way; from initial viewing, submitting an offer and will remain with you as you continue through progression and to the point of completion.

Take a look at some of our latest properties and don't hesitate to get in touch for further information - we are looking forward to working with you every step of the way!

Our offices are open

Monday - Friday 09:30 to 5pm.

We are not open evenings or weekends.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£776
We think you can borrow up to
Add your household income above
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Disclaimer - 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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