Summary - Flat 107, Eastbank Tower, 277 Great Ancoats Street M4 7FD
2 bed 2 bath Flat
Secure rental income in vibrant Ancoats, ideal for hands-off investors.
Secured tenant until March 2026 achieving £1,300 pcm
Immediate rental income: £15,600 per year
Service charge £3,298.74 pa; factor into net returns
Ground rent £250 pa with 5-year RPI reviews
EWS1 certificate in place for safety assurance
Compact 431 sq ft two-bedroom layout, small overall size
Electric room heaters — potentially higher heating costs
On-site gym and contemporary building amenities
This two-bedroom apartment in Eastbank Tower is presented primarily as an investment rather than an owner-occupier purchase. It is let to a secured tenant until March 2026, producing £1,300 pcm (£15,600 pa), offering immediate rental income for a buyer seeking cash flow in the Ancoats area.
The building benefits from contemporary design, an on-site gym and an EWS1 certificate in place. The open-plan living/kitchen and two bathrooms are fitted in a modern style and the property is offered furnished with integrated appliances, simplifying management for a buy-to-let investor.
Buyers should note the practical drawbacks: the apartment is small (431 sq ft) and heated by electric room heaters, which can mean higher running costs compared with gas-heated homes. The service charge is £3,298.74 pa and ground rent £250 pa (RPI review every five years), so factor these into net yield calculations.
With 237 years remaining on the lease and a long-term tenancy already secured, this is a straightforward, low-maintenance investment opportunity in a popular central Manchester location. It suits cash buyers or investors who want immediate rental income and minimal refurbishment work.
2 bedroom flat for sale in Eastbank Tower, 277 Great Ancoats Street, Manchester, Manchester, M4 — £169,999 • 2 bed • 2 bath • 552 ft²
2 bedroom apartment for sale in X1 Eastbank Tower, 277 Great Ancoats Street, Manchester, M4 — £252,500 • 2 bed • 2 bath • 797 ft²
2 bedroom apartment for sale in Great Ancoats Street, Manchester, M4 — £250,000 • 2 bed • 2 bath • 797 ft²
2 bedroom flat for sale in The Plaza, 1 Advent Way, Ancoats, Manchester, M4 — £239,000 • 2 bed • 2 bath • 667 ft²
2 bedroom flat for sale in The Plaza, 1 Advent Way, Ancoats, Manchester, M4 — £208,000 • 2 bed • 2 bath • 656 ft²
2 bedroom flat for sale in 1 Advent Way, Manchester, Greater Manchester, M4 — £205,000 • 2 bed • 2 bath • 668 ft²
