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£127,5001 bedroom apartment for sale
Eastbank Tower,, 277 Great Ancoats Street, Manchester, Greater Manchester, M4
Featured
Apartment
1 bed
1 bath
409 sq ft / 38 sq m
EPC rating: B
Key information
Tenure: Leasehold | 241 yrs left
Ground rent: £250 per annum | review period: unconfirmed
Service charge: £1,800 per annum
Council tax: Band B
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Tenure: Leasehold (241 years remaining)
- Currently rented out for £900 per month
- EWS1 Form available
- Significant rental demand
- Popular location close to Ancoats
- Second floor
- Popular investment option
- On site gym
- EPC Rating = B
Excellent yielding buy to let investment that is currently rented out for £900 per month!
Description
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 low entry price point and significant rental demand for the development. The apartment is currently tenanted at £900pcm with a gross yield of 7.71%.
The property briefly comprises of an entrance hallway which leads through to a spacious open plan living and kitchen area. Further, there is a modern primary bathroom and well-sized double bedroom. The development 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.
Service charge pa: £1,800
Ground rent pa: £250 (increases by doubling every 10 year term for the first 30 years', before then moving to in line with RPI)
Lease years remaining: Circa 243
Location
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.
Square Footage: 406 sq ft
Leasehold with approximately 241 years remaining.
Description
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 low entry price point and significant rental demand for the development. The apartment is currently tenanted at £900pcm with a gross yield of 7.71%.
The property briefly comprises of an entrance hallway which leads through to a spacious open plan living and kitchen area. Further, there is a modern primary bathroom and well-sized double bedroom. The development 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.
Service charge pa: £1,800
Ground rent pa: £250 (increases by doubling every 10 year term for the first 30 years', before then moving to in line with RPI)
Lease years remaining: Circa 243
Location
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.
Square Footage: 406 sq ft
Leasehold with approximately 241 years remaining.
About this agent
The core principle of our business is to deliver an exceptional service that is met with exceptional value. From market appraisals to negotiations, rental inspections to marketing and PR, we can help you with every step of the process of buying, selling, renting and letting your property. We like to think our services act as a one-stop shop for a comprehensive and collaborative services for all our clients. Our coverage reaches across the North West, and namely covers residential property services in and around Manchester, Salford and Cheshire. Most visited website Savills.co.uk is the most visited UK national estate agency website, averaging over 2.4 million visits a month in 2020, and recording over 3.1 million visits in January 2021. Global exposure Our site is available in 22 languages including English, Chinese, Spanish and Russian. This guarantees your property will have the global exposure it deserves as well as providing access to more buyers via our website. Put simply, because we get more qualified visits, you get more opportunities to sell.