2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (228 years remaining)
- EWS1 Form available
- Gross yield of 7.57%
- Popular location close to Ancoats
- Fifth floor
- Open to owner occupiers or investors
- On site gym
- Furniture provided to for rental also included within sale price
- EPC Rating = B
Description
Savills are delighted to present this excellent buy to let opportunity in the popular Eastbank Tower development.
This apartment is a great opportunity for an owner occupier or it could represent an ideal turn key investment for the discerning investor, with over an 8% gross yield available at the current expected 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.
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: 582 sq ft
Leasehold with approximately 228 years remaining.
Additional Info
Ground rent: £250 per annum, reviewed in line with RPI, next review date 2025, reviewed every 5th anniversary
Leasehold expiry date: 20/03/2253
Places of interest
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*DISCLAIMER
Property reference MNS230113. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills - Manchester Bridge Street.
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Broadband availability and predicted speed: obtained from Ofcom on February 11, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 11, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on September 6, 2016 from 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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