X1 Eastbank Tower
277 Great Ancoats Street, Manchester, M4, M4 7FE
£252,500
Property details
Tenure
LEASEHOLD
Council tax band
C
Last sold
£167,500
Local average
£268,000 (-5.8%)
Deprivation
Decile 8 (26,699 of 33,755)
Street crime
0 incidents within 1 mile (Apr 2026)
Key features
- Fully Furnished
- Largest Plot Type
- 7th Floor Apartment
- On-site Security
- Gym
- Ideal For Home Owner
- EWS1-Certified
- Prime Location-Ancoats
- 10 Minute Walk to Piccadilly Station
Additional details
- Parking
- Yes
Description
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.
Listed by
Leeds
North Property Group Ltd
Reference: 163817150
EPC Rating & Upgrade Cost
Fetching EPC data… Refresh this page in a moment.
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Listed for sale | — | £252,500 | +50.7% |
| Sold | 01/01/2016 (10 years ago) | £167,500 | — |
Source: HM Land Registry Price Paid Data. Crown copyright.
Sold Comparables
Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.
| Address | Price | Date | Type |
|---|---|---|---|
| 1 APARTMENT 41 ISAAC WAY, MANCHESTER, GREATER MANCHESTER, M4 7ED | £180,000 | 12/01/2026 | Flat |
| BLOCK C, 12 APARTMENT 24 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AL | £195,000 | 06/01/2026 | Flat |
| BLOCK D, 12 APARTMENT 106 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AT | £265,000 | 10/12/2025 | Flat |
| ADVENT HOUSE, 2 APARTMENT 53 ISAAC WAY, MANCHESTER, GREATER MANCHESTER, M4 7EP | £120,000 | 21/11/2025 | Flat |
| BLOCK D, 12 APARTMENT 72 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AT | £190,000 | 13/11/2025 | Flat |
| BLOCK E, 12 APARTMENT 42 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AU | £236,000 | 31/10/2025 | Flat |
| BLOCK B, 12 APARTMENT 16 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AJ | £205,000 | 29/10/2025 | Flat |
| ADVENT HOUSE, 2 APARTMENT 65 ISAAC WAY, MANCHESTER, GREATER MANCHESTER, M4 7EP | £205,000 | 01/08/2025 | Flat |
| BLOCK E, 12 APARTMENT 15 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AU | £210,000 | 08/12/2023 | Flat |
| BLOCK D, 12 APARTMENT 48 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AQ | £205,000 | 01/12/2023 | Flat |
| BLOCK D APARTMENT 120 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AT | £285,000 | 13/11/2023 | Flat |
| BLOCK D, 12 APARTMENT 16 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AQ | £178,000 | 24/10/2023 | Flat |
| 1 FLAT 404 EVERY STREET, MANCHESTER, GREATER MANCHESTER, M4 7LT | £255,000 | 29/09/2023 | Flat |
| ADVENT HOUSE, 2 APARTMENT 59 ISAAC WAY, MANCHESTER, GREATER MANCHESTER, M4 7EP | £220,000 | 29/09/2023 | Flat |
| ADVENT HOUSE, 2 APARTMENT 69 ISAAC WAY, MANCHESTER, GREATER MANCHESTER, M4 7EP | £198,000 | 11/08/2023 | Flat |
| BLOCK C, 12 APARTMENT 33 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AL | £175,000 | 19/04/2023 | Flat |
| 2 APARTMENT 97 ADVENT WAY, MANCHESTER, GREATER MANCHESTER, M4 7LL | £226,000 | 14/04/2023 | Flat |
| 6 FLAT 5 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7BN | £220,000 | 21/02/2023 | Flat |
| 10 FLAT 8 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7DS | £155,000 | 12/01/2023 | Flat |
| 10 FLAT 5 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7DS | £159,000 | 10/01/2023 | Flat |
Area average: £204,100 (20 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of March 2026.
Rental Range
Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Manchester.
LHA (30th percentile) floor for East Lancs: £474/mo (Apr 2025 – Mar 2026)
Location
Address
277 Great Ancoats Street
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Bus stop | Great Ancoats Street/Adair Street | 0.0 miles |
| Shop | Screwfix | 0.1 miles |
| Shop | Boels | 0.1 miles |
| Bus stop | Great Ancoats Street/Every Street | 0.1 miles |
| Train station | Manchester Piccadilly | 0.4 miles |
| Train station | Ardwick | 0.6 miles |
| University | UCEN Manchester (Shena Simon Campus) | 0.6 miles |
| University | University of Law | 0.8 miles |
| Hospital | Shiv Lodge Medical Centre | 1.7 miles |
| Hospital | The Ailsa Craig Medical Practise | 1.7 miles |
Street-level crime
| Category | Count |
|---|---|
| Total incidents | 0 |
Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).
Schools nearby
Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.
| Name | Type | Distance | Ofsted |
|---|---|---|---|
| Sol Christian Academy | Other | 0.2 miles | Good — 12 Jun 2024 |
| St Anne's RC Primary School | Primary | 0.2 miles | Good — 10 Jul 2015 |
| Co-Op Academy New Islington | Primary | 0.4 miles | Outstanding — 10 Jul 2015 |
| Co-Op Academy Medlock | Primary | 0.6 miles | Requires improvement — 23 Jan 2022 |
| Ashbury Meadow Primary School | Primary | 0.6 miles | Outstanding — 8 Sep 2015 |
Rental Comparables
Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.
| Title | Rent | Beds | Distance | As seen on |
|---|---|---|---|---|
| 2 Bed Flat, Eastbank Tower, M4 | £1,375/mo | 2 | 0.01 miles | OpenRent |
| 2 Bed Flat, Great Ancoats St, M4 | £1,800/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Flat, Great Ancoats St, M4 | £1,500/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Flat, Malta Street, M4 | £1,495/mo | 2 | 0.14 miles | OpenRent |
| 2 Bed Flat, Malta Street, M4 | £1,495/mo | 2 | 0.14 miles | OpenRent |
| 2 Bed Flat, Malta St, M4 | £1,300/mo | 2 | 0.16 miles | OpenRent |
| 2 Bed Flat, Crusader Mill, M1 | £2,300/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Semi-Detached House, Millbank Street, M1 | £3,800/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Flat, Oxygen Tower, M1 | £1,700/mo | 2 | 0.23 miles | OpenRent |
| 2 Bed Flat, Oxygen Tower, M1 | £1,650/mo | 2 | 0.23 miles | OpenRent |
Average rent: £1,842/mo (10 listings)
Rent-driven metrics
Based on OpenRent comparables.
- Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
- Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
- Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
- Gross yield — Annual rent as % of purchase price (no costs).
- Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
- Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
- ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).