Eastbank Tower, 277 Great Ancoats Street, M4
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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Key features
- Tenant in situ – £1,300 PCM (£15,600 per annum)
- 9.75% gross yield
- Approx. 7.1% net yield
- 2 bed / 2 bath apartment
- Private balcony
- Located in prime Ancoats
- On-site gym & overnight security
- 237-year lease remaining
- Fully managed option available (9% + VAT)
Description
Located within the luxury Eastbank development this FURNISHED modern TWO BEDROOM apartment is on the 3rd FLOOR. Located just a short walk from the New Islington tram stop
Apartment 316, East Bank Tower – Ancoats
2 Bedroom | 2 Bathroom | Balcony | Tenant in Situ | Prime Investment Opportunity
An excellent opportunity to acquire a third-floor, two-bedroom, two-bathroom apartment in the highly sought-after East Bank Tower development in Ancoats. This property is being sold with a tenant in situ, currently achieving £1,300 per month (£15,600 per annum), making it an ideal turnkey investment.
The apartment briefly comprises a spacious open-plan living and kitchen area with access to a private balcony, two well-proportioned double bedrooms (including an en-suite to the principal bedroom), and a modern main bathroom.
Lease Information
237-year lease (01/01/2016 – 22/03/2253)
Ground Rent: £313.83 per annum
Service Charge (2026): £3,939.29 per annum
Fully managed lettings service available at 9% + VAT
Development Features
Secure fob entry system
On-site security officer (7pm–7am)
Residents’ gym
Hyperoptic broadband available
Lift access
Location – Ancoats, Manchester
Situated in one of Manchester’s most desirable districts:
Walking distance to Manchester City Centre
5 minutes to the Northern Quarter
Under 10 minutes to Manchester Piccadilly Station
Short walk to New Islington tram stop
Ancoats continues to be one of Manchester’s strongest rental hotspots, popular with young professionals due to its vibrant food scene, independent cafes, and excellent transport links.
Please note: Photos shown are of a show apartment. The actual unit may vary slightly in layout and aspect.
- 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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Energy performance certificate - ask agent
Eastbank Tower, 277 Great Ancoats Street, M4
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Visit our security centre to find out moreDisclaimer - Property reference SAL260016. 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.
*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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