About this property
Apartment 316, East Bank Tower – Ancoats
2 Bedroom | 2 Bathroom | Balcony | Tenant in Situ | Prime Investment Opportunity
An excellent opportunity to acquire a third-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 £1,300 per month (£15,600 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.