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1 bedroom apartment for sale
Eastbank Tower,, 277 Great Ancoats Street, Manchester, Greater Manchester, M4
£130,000
Eastbank Tower,, 277 Great Ancoats Street, Manchester, Greater Manchester, M4
£130,000
Price History
Initial price | £150,000 |
09/04/24 | £140,000 |
26/06/24 | £130,000 |
Price Change | -13.33% |
Description
This buy-to-let investment opportunity in the popular Eastbank Tower development offers a low entry price point and significant rental demand. The apartment is currently tenanted until October 2024 at £900 per calendar month, generating a gross yield of 7.71%. The property features an open-plan living and kitchen area, modern bathroom, and double bedroom. The development offers an on-site gym and is located in a fantastic spot, with easy access to Ancoats, Northern Quarter, and New Islington. Residents can enjoy a range of amenities, including grocery shopping, restaurants, and bars, as well as proximity to Manchester's famous football stadiums and cultural activities. With a leasehold tenure and approximately 241 years remaining, this investment offers a solid long-term opportunity for the discerning investor.