SUMMARY
Fantastic new apartments in the highly sought-after residential area of Manchester.
X1 Eastbank is our brand-new 111-unit development, home to a mix of bespoke 1, 2 and 3-bed luxury apartments in a prime city centre location.
X1 Eastbank is situated in Manchester, which has been named in the ‘Top 4 Buy-to-Let Hotspots 2013’, thanks to its growing demand for prime rental accommodation in a vastly popular area. X1 Eastbank is a solution to the deficit in bespoke residential apartments in the highly sought-after city of Manchester, and offering assured rental yields of 6% means that this development is perfect for both tenants and investors alike.
FULL DETAILS
X1 Eastbank is the perfect development to cater for the abundance of young professionals seeking prime high-end apartments in the popular area of Manchester. Its location close to the city centre of Manchester means that many apartments will benefit from spectacular city views, with the remainder facing the garden courtyard and terraces. Residents of the development will benefit from being a close distance to the city centre and all that the vibrant area of Manchester has to offer, with bars, restaurants and shops just a stones’ throw away.
X1 Eastbank also benefits from a number of residential amenities, incluing a private gymnasium, an on-site management company, laundry faciliies, and parking available on selected units, meaning that this development which will have universal appeal for all those looking to rent in a high-end city centre development.
Investors are extremely keen in rental properties based in and around Manchester due to the high rental yields available in the city, which saw it named as HSBC’s second buy-to-let hotspot in 2014. Investors are invariably drawn to the high returns offered by prime city centre residential apartments in regional cities like Manchester, and those who invest in X1 Eastbank are assured NET rental yields of 6%, making this development the perfect hands-off investment for any savvy investor.
Fixtures and Furnishings
All apartments are supplied furnished, at an additional cost.
Management Company
X1 Letting Ltd. is the designated rental management company for this development. Experienced at managing both residential buy-to-let and student accommodation properties, residents can be assured of a professional service throughout their tenancy.
LOCATION
X1 Eastbank is located on the edge of Manchester city centre, in the thriving area of Ancoats and New Islington. This luxury development will have all the advantages of being a short walk away from the local parks and independent shops of suburbia, but also close to the vibrant bars and restaurants of the city.
Manchester in recent years has seen a surge in popularity, with an influx of students and young professionals flocking to the area seeking high-end bespoke rental accommodation. It could be said that the relocation of the BBC and ITV studios to the picturesque Salford Quays area has done much to encourage the residential boom in the city of Manchester over the past few years, which could account for the 19% popularity increase in the last decade, bringing the total to in excess of 2.55 million.
Manchester is fast becoming a highly sought-after area for both investors and residents alike, drawn to all that the vibrant city has to offer. Residents of X1 Eastbank are in a prime position to take advantage of the city’s amenities and excellent transport links, providing easy accessibility to neighbouring towns and cities.
Distance to Local Amenities:
- Manchester Piccadilly Train Station – 0.7 miles (4 minutes by car)
- Arndale Shopping Centre – 0.9 miles (6 minutes by car)
- MediaCityUK, Salford Quays – 5.1 miles (13 minutes by car)
- Manchester Airport – 10.6 miles (19 minutes by car)
Meet The Team
Developer: X1 Developments
Architect: DK-Architects
Sales & Marketing: Property Seed Ltd