2-bedroom flat · M4 7FE
For saleListed 481 days
Opportunity summary
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About
Fully Furnished | 7th Floor | On-site Security | Gym | High Specification | Prime Location | 10 Minute Walk To Piccadilly Station | Voted One Of The World’s Coolest Neighbourhoods | Parking | Ideal for Home Owner Eastbank Tower, Manchester – Modern City Living for Homeowners and Investors Discover Eastbank Tower, a contemporary residential development in the heart of Manchester’s vibrant Ancoats neighbourhood, offering a perfect blend of urban convenience and modern comfort.
Completed in 2016 by X1 Developments, this striking development at 277 Great Ancoats Street, M4, features 111 thoughtfully designed apartments.
Priced at £250,000, this spacious two-bedroom, two-bathroom apartment— is one of the largest plots in the development—is an ideal choice for homeowners seeking a stylish city home and investors looking for high-yield opportunities in Manchester’s thriving M4 postcode.
For Homeowners: A Spacious Urban Haven Step into this expansive two-bedroom, two-bathroom apartment, the largest plot in Eastbank Tower, designed for modern living with a focus on space and style.
Spanning approximately 726 sq ft, the open-plan living and kitchen area features large windows that flood the space with natural light, offering views of Manchester’s dynamic skyline or the bustling Ancoats neighbourhood.
The integrated kitchen is equipped with high-end appliances, including a dishwasher, washer/dryer, and fridge/freezer, perfect for effortless entertaining.
The two double bedrooms are generously proportioned, with the primary bedroom boasting an en-suite bathroom with modern fixtures and a walk-in shower.
The main bathroom features a sleek three-piece suite with contemporary tiling. Fully furnished to a high standard with stylish furniture, this pet-friendly apartment is move-in ready.
Residents enjoy exclusive amenities, including a 24/7 on-site gym with secure fob access and overnight security (7 PM–7 AM) for peace of mind.
Located in the heart of Ancoats, just a 5-minute walk from the Northern Quarter’s eclectic bars and restaurants and a 10-minute stroll to Manchester City Centre, Eastbank Tower offers a vibrant, community-focused lifestyle with everything you need at your doorstep.
For Investors: A High-Return City Gem Priced at £250,000, this two-bedroom, two-bathroom apartment—the largest in the development—commands rent of £1300 pcm, delivering gross yields of up to 6.25% This EWS1-compliant property offers immediate returns in Manchester’s high-demand rental market, where property values are projected to rise 29.4% by 2029 (Savills).
The 237-year leasehold (from 2016) ensures long-term value, and secure underground parking adds further appeal for tenants.
Positioned in Ancoats, one of Manchester’s most sought-after areas, the apartment is a 10-minute walk from Piccadilly Station and a short stroll from New Islington tram stop, attracting young professionals and creatives.
On-site amenities, including a gym and nightly security, enhance tenant desirability, while X1 Sales and Lettings’ management services streamline ownership, handling tenant sourcing and maintenance for a hassle-free investment.
Prime Location, Vibrant Lifestyle Nestled in the heart of Ancoats, voted one of the world’s coolest neighbourhoods, Eastbank Tower offers unrivalled connectivity and lifestyle.
A 5-minute walk to the Northern Quarter brings you to iconic spots like Rudy’s Neapolitan Pizza (0.6 miles) and Mana, a Michelin-starred restaurant (0.7 miles).
Everyday essentials are covered with Ancoats General Store (0.6 miles) and Aldi (0.4 miles) nearby, while Piccadilly Station (0.5 miles) and New Islington tram stop (0.4 miles) provide excellent transport links across Manchester and beyond.
Cultural hubs like the Manchester Art Gallery (1 mile) and the Etihad Stadium (1 mile) are easily accessible, blending urban energy with cultural richness.
The ongoing regeneration of Ancoats and nearby New Islington ensures rising property values, making Eastbank Tower a cornerstone of Manchester’s dynamic future.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About X1 Eastbank Tower, 277 Great Ancoats Street, Manchester, M4
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