• Tenant in situ – £1,300 PCM (£15,600 per annum) +
• 9.75% gross yield +
• Approx. 7.1% net yield +
• 2 bed / 2 bath apartment +
• Private balcony +
• Located in prime Ancoats +
• On-site gym & overnight security237-year lease remaining +
• Fully managed option available (9% + VAT) +

Apartment 416, East Bank Tower – Ancoats
2 Bedroom | 2 Bathroom | Balcony | Tenant in Situ | Prime Investment Opportunity

Located within the luxury Eastbank development this FURNISHED modern TWO BEDROOM apartment is on the 4th FLOOR. Located just a short walk from the New Islington tram stop

An excellent opportunity to acquire a fourth-floor, two-bedroom, two-bathroom apartment in the highly sought-after East Bank Tower development in Ancoats. This property is being sold with a tenant in situ, currently achieving £1,200 per month (£14,400 per annum), making it an ideal turnkey investment.

The apartment briefly comprises a spacious open-plan living and kitchen area with access to a private balcony, two well-proportioned double bedrooms (including an en-suite to the principal bedroom), and a modern main bathroom.

Lease Information
237-year lease (01/01/2016 – 22/03/2253)
Ground Rent: £313.83 per annum
Service Charge (2026): £3,939.29 per annum
Fully managed lettings service available at 9% + VAT

Development Features
Secure fob entry system
On-site security officer (7pm–7am)
Residents’ gym
Hyperoptic broadband available

Lift access
Location – Ancoats, Manchester
Situated in one of Manchester’s most desirable districts:

Walking distance to Manchester City Centre

5 minutes to the Northern Quarter

Under 10 minutes to Manchester Piccadilly Station

Short walk to New Islington tram stop

Ancoats continues to be one of Manchester’s strongest rental hotspots, popular with young professionals due to its vibrant food scene, independent cafes, and excellent transport links.

Please note: Photos shown are of a show apartment. The actual unit may vary slightly in layout and aspect.