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Floorplans (
Map
Area stats2 bedroom flat for sale
Eastbank Tower, 277 Great Ancoats Street, M4
Flat
2 beds
2 baths
656
EPC rating: B
Key information
Tenure: Leasehold
Ground rent: £313.83 per annum | review period: unconfirmed
Service charge: £3,939.29 per annum
Council tax: Band C
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- 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)
Apartment 316 East Bank Tower!
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.
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.
Area statistics
Home prices (average)
2 bedroom flats
£351,871
£351,871
About this agent
X1 Sales and Lettings - Greater Manchester
Unit 1, 9 Michigan Avenue
Salford, Greater Manchester
M50 2HA
0161 506 3018Welcome to X1 Sales and Lettings! We are a nationwide agency representing over 4000 landlords across the UK and are proud of both the properties in our care and the strong reputation that we have built over the last 10 years. The X1 team is passionate about providing a level of aftercare that is unparalleled within the market and places high importance on both landlord and tenant relations. Tenants renting with X1 will receive a resident exclusive loyalty card which gives access to discounts and offers at a range of local businesses across the City. Landlords benefit from one dedicated point of contact who communicates with property managers, and tenancy care managers to ensure that costs are kept to a minimum and rental income is maximised. For more information on our services - or to get started on your home moving journey - get in touch with a member of the team today. We are looking forward to working with you!
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