Eastbank Tower, M42-bed flat for sale in Sales

About this property

Prime Investment Opportunity – Apartment 211 – X1 Eastbank Tower, Ancoats, Manchester

Secure a high-performing investment in one of Manchester’s fastest-growing districts with this 2-bedroom, fully furnished apartment at X1 Eastbank Tower. Perfectly positioned for both city living and rental demand, this property offers a rare combination of immediate rental income, long leasehold security, and potential capital growth.

Key Features:
Two double bedrooms with built-in storage
Modern, fully fitted bathroom and contemporary open-plan living space
Integrated kitchen appliances including dishwasher, washer/dryer, and white goods
Utility cupboard for extra storage
Electric heating throughout
Balcony with selected units offering stunning city views
Exclusive on-site gym for residents
Nightly on-site security (8 PM – 6 AM)
Secure entry system

Unbeatable Location – Ancoats, Manchester:
Steps from the Northern Quarter – Manchester’s most desirable creative district
Minutes from Manchester City Centre and Piccadilly Station
Excellent transport links including New Islington tram stop
Surrounded by bars, restaurants, and cultural hotspots – high tenant demand guaranteed

Investment Performance:
Asking Price: £169,950
Current Rent: £1,300 PCM (£15,600 PA)
Gross Yield: 9.2% – outperforming many comparable city-centre investments
Service Charge (2025): £3,497 PA
Ground Rent: £250 PA (with 5-year RPI increases)

Lease: 237 years remaining (01.01.2016 – 22.03.2253)

Letting Fees: 9% + VAT

With a long lease, prime location, and strong rental income, this apartment is an ideal addition to any portfolio seeking secure, high-yield property in Manchester.

Investment Highlights:

High demand for city-centre rentals ensures minimal void periods
Modern, fully furnished finish reduces management effort
Excellent potential for capital appreciation in one of Manchester’s trendiest areas



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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