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X1 Eastbank - Manchester

Modern luxury living in an excellent city location, Just minutes from the city centre. - M4 7FD

Predicted NET Yield 4.87%

Prices From: £197,500
Build Status: Completed

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* Images purely for illustrative purposes and may not be the actual apartment for sale.

Investment Highlights

2 Bedroom Apartment
Furniture Included
Desirable City Location
Current Rent - £1,200pcm
Ideal Investment Property
Lease 237 Years from 2017
Price£197,500
Build CompletionCompleted
Units Available1
Rental Yield4.87%
FinanceYes**
Rental GuaranteeNo

** The provision of lender finance for your purchase is dependant upon individual circumstances and cannot be guaranteed. We advise you to obtain independent financial advice before entering into an agreement upon which you will be relying upon lender finance. Any decision to proceed with lender finance is your decision only. If lender finance cannot be obtained you will be required to complete on your purchase in any event. Residential Estates are not regulated by the FSA, nor are they a finance company and cannot be held liable for any purchaser being unable to obtain mortgage monies for their purchase. Please read the FAQs above for more information.

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1 Eastbank Tower - Manchester

X1 Eastbank Tower offers 1, 2 & 3 bedroom apartments, with spacious balconies boasting city views on selected apartments. There’s an integrated kitchen with all white goods, as well as a utility cupboard with a washer/dryer. Electric heaters run through each apartment. X1 provides a security guard who is based on site every evening from 7am-7am. The development offers a complimentary on-site gym that is available to use 24/7, with fob access.

There are amazing transport links near X1 Eastbank, thanks to its excellent city location. The New Islington tram stop is a short walk away, and you can get to Piccadilly station in just a 10-minute walk. Perfect for those looking for a short commute or that need to travel in and out of the city.

X1 Eastbank lies within Ancoats, one of Manchester’s most popular areas. Once voted the 13th coolest neighbourhood in the world, Ancoats has everything you could possibly want. It’s got an incredible choice of bars, restaurants, cafes and independent shops to explore. If that’s not enough for you, it’s only a 5-minute walk to the vibrant Northern Quarter, full of galleries, street art and shopping. 

Price: £197,500

Location: Manchester

Tourism in Manchester is worth approximately £4.5 billion every year, and it has been growing at a rate of roughly 10% per annum. 

In 2019, Manchester welcomed 4.8 million staying guests and 59 million day-visitors, but the city now seeks to improve upon this in 2020 and beyond. Its targets include:

  • Increasing the value of the business conference market by 40%, supporting 14,000 new jobs

  • Increasing domestic visitor spending by £27 million

  • Increasing overseas visitor spending by £35 million

Manchester is undeniably one of Britain’s most popular tourist destinations and rising visitor numbers augur well for landlords with an interest in profitable rental options, such as short-stay accommodation and serviced apartments.

Enquire About This Investment

Complete The Form Below To Receive The Brochure & Book Your Free, No Obligation Consultation Call