Eastbank Tower, M42-bed flat for sale in Sales

2 beds • 2 baths

£160,000

Main features

  • Net Yield after all costs - 5.8%
  • Ews1 approved
  • Tenant in situ
  • Tenants in situ until february 2026, achieving £1,250 pcm

About this property

Modern 2-Bed Investment Opportunity in the Heart of Ancoats – Tenanted Until Feb 2026

Net yield 5.8%

X1 Sales and Lettings are delighted to present this well-appointed two-bedroom apartment for sale in the sought-after X1 Eastbank Tower, located in the vibrant Ancoats neighbourhood of Manchester.

Currently tenanted on a long-term agreement , this property presents an excellent turnkey investment opportunity with strong rental returns and an EWS1 form in place for added peace of mind.

Key Financial Details:
Rent Achieved: £1,350.00 per month
Service Charge: £ 3,847.39 (2026 figure, payable quarterly)
Ground Rent: £ 313.83 (RPI review every 5 years, next review 31.12.2030)

Lettings fee 9% + VAT for full management

Lease Length: 237 years from 2016

Council Tax Band: C

Property Features:
Two spacious double bedrooms

Located on the 5th floor

Secure entry system

Fully furnished throughout

Integrated kitchen appliances including dishwasher and washer/dryer

Fully fitted modern bathrooms

On-site gym exclusively for resident use

Nightly on-site security officer (8pm–6am)

Unbeatable Location – Ancoats, Manchester:
Just minutes from Manchester City Centre

5-minute walk to the trendy Northern Quarter

Under 10 minutes to Piccadilly Train Station

Close proximity to New Islington tram stop

Whether you’re expanding your investment portfolio or looking for a future home in one of Manchester’s most dynamic districts, this property ticks all the boxes.

Viewings are highly encouraged – contact our team today to arrange yours.

Please note: Photos shown are of a similar unit within the development for illustrative purposes.

Images are for illustrative purposes only and MAY show a similar unit within the development. The images MAY not reflect the exact apartment for sale. Please ask if you would like us to confirm if the images reflect the actual apartment.

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Floorplan

EPC

Sales

+44 (0)161 669 7070

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Opening hours Closed

  • Monday09:30 - 17:00
  • Tuesday09:30 - 17:00
  • Wednesday09:30 - 20:00
  • Thursday09:30 - 20:00
  • Friday09:30 - 20:00

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