For Sale1 Bedroom Flat in Eastbank Tower, 277 Great Ancoats Street, Manchester, Greater Manchester, M4 7FD£130,000

Property Type
Flat
Bedrooms
× 1
Bathrooms
× 1
Receptions
× 1
Tenure
Leasehold
Price
£130,000

Key Features

  • Tenanted until October 2024
  • EWS1 Form available
  • Significant rental demand
  • Popular location close to Ancoats
  • Second floor
  • Popular investment option
  • On site gym

Description

Excellent yielding buy to let investment, tenanted until October 2024 at £900pcm! Savills are delighted to present this excellent buy to let opportunity in the popular Eastbank Tower development. This apartment could represent an ideal turn key investment for the discerning investor, with a low entry price point and significant rental demand for the development. Its currently rented until October 2024 at £900pcm with a gross yield of 7.71%. The property briefly comprises of an entrance hallway which leads through to a spacious open plan living and kitchen area. Further, there is a modern primary bathroom and well-sized double bedroom. The development benefits from an on-site gym available for resident use only. Eastbank has been a popular development since its build, positioned along Great Ancoats street the development boasts easy access to everything Ancoats, Nothern Quarter and New Islington have to offer. Service charge pa: £1,800 Ground rent pa: £250 (increases by doubling every 10 year term for the first 30 years', before then moving to in line with RPI) Lease years remaining: Circa 243 View payable Stamp Duty for this property

Eastbank Tower, 277 Great Ancoats Street, Manchester, Greater Manchester, M4 7FD on Map