Summary - FLAT 109, CYPRESS PLACE, 9, NEW CENTURY PARK M4 4EE
1 bed 1 bath Apartment
Income-ready one-bed with balcony, long lease, and strong rental yield near NOMA.
Third-floor one-bedroom with balcony and city views
Long lease length (approx. 131 years remaining)
Currently tenanted until July 2026 — income-producing
Advertised rental yield c. 7.6–7.95% (£1,000–£1,050 pcm)
Service charge approx. £1,662 pa; building insurance ~£756 pa
Main heating: electric room heaters (higher running costs)
EWS1 B1 form available; modern build (2006)
Wider area classed as very deprived despite strong rental demand
A third-floor one-bedroom apartment in Cypress Place, positioned for city living and redevelopment upside from nearby New Century Park and NOMA. The apartment includes a balcony, modern double glazing, and a long lease (about 131 years remaining), making it suitable for buy-to-let or owner-occupier purchasers seeking low-maintenance urban accommodation.
Currently let with an advertised rental yield around 7.6–7.9%, this property is income-ready and sold with an EWS1 B1 form. Service charge and building insurance are notable running costs; the apartment uses electric room heaters rather than gas central heating, which may affect bills compared with gas-heated flats.
The building is modern (completed mid-2000s) with good broadband and mobile signal and very low local crime. The immediate neighbourhood is a multicultural, student-oriented area in a major conurbation with excellent access to planned regeneration, shops and leisure — but the wider area is classified as very deprived, which buyers should weigh against strong rental demand and redevelopment plans.
Suitable for investors and first-time buyers who prioritise location and rental income over a large living footprint. The flat is sold leasehold with typical city service charges and is tenanted until July 2026, so viewings and vacant possession timings will be subject to the tenancy.
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