Eastbank Tower,, 277 Great Ancoats Street, Manchester, Greater Manchester, M4 7FD | Property for sale | Savills
54.07 sq m(582 sq ft)
Guide price £180,000(€205,238)

Eastbank Tower,277 Great Ancoats Street, Manchester, Greater Manchester, M4 7FD

    Flat / Apartment
    54.07 sq m (582 sq ft)
    2Bedrooms
    2Bathrooms
    1Receptions

    Key features

    • EWS1 Form available
    • Gross yield of 7.57%
    • Popular location close to Ancoats
    • Fifth floor
    • Tenanted, turn-key investment at £1,200pcm
    • On-site gym
    • Furniture provided to for rental also included within sale price

    Investors only, tenanted at £1,200pcm Excellent yielding buy to let investment, 7.57% gross yield

    About this property

    • 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 8% gross yield available at the current rental price of £1,200pcm.

      The property briefly comprises of an entrance hallway which leads through to a spacious open plan living and kitchen area. Further, there are two double bedrooms with the primary benefitting from an en suite bathroom. The main bathroom is a modern, three piece suite.

      The development also 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.

      EWS1 Form available!

      This property has cladding, as far as we know the current position with the property is: ‘It's been tested and there are no works required' * You should make enquires about the external wall system of the property, if it has cladding and if it is safe or if there are interim measure in place.

      View payable Stamp Duty for this property

    The location is excellent and at a reasonable price point. Being so close to everything Ancoats, New Islington and Northern Quarter have on offer is sure to appeal to a wide array of young professionals.

    Ryan GriffinProperty agent

    Local information

    • 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.

    Additional information

    • Ground rent: £250 per annum, reviewed in line with RPI, next review date 2025, reviewed every 5th anniversary
    • Leasehold expiry date: 20/03/2253
    • EPC Rating: B
    • Tenure: Leasehold. Lease Expiry: 20/03/2253 (228 years remaining)
    • Service Charge: £2,956.80pa
    • Ground Rent: £250.00pa (review date TBC)
    • Council Tax Band: B