Summary - Green Quarter Cypress Place, 9 New Century Park, MANCHESTER, M4 M4 4EF
2 bed 2 bath Apartment
Allocated parking, long lease and strong rental returns near major regeneration.
Two bedrooms, two bathrooms, 732 sq ft with private balcony
A bright eighth-floor apartment in Cypress Place, this two-bedroom, two-bath home offers 732 sq ft of contemporary city living with a private balcony and an allocated parking space. Built in 2006, the flat has a modern finish, double glazing, an EPC B and an EWS1 B1 certificate in place. Public transport and amenities are excellent, and the property sits within walking distance of the major NOMA regeneration area.
The current tenant produces an attractive gross rental yield (circa 7.14% at £1,300pcm; projected 7.43% at £1,350pcm) and tenancy runs until September 2026 — making it a straightforward purchase for buy-to-let investors. The long lease (about 131 years remaining) and an EWS1 form help support mortgage eligibility for many buyers.
Notable running costs include a service charge of approximately £2,269.20 per year, building insurance around £947.60, and a ground rent near £250 per year. Heating is by electric room heaters rather than gas central heating, which can mean higher energy bills. The local area is classified as a cosmopolitan, multicultural student neighbourhood with high mobility and very deprived area indicators — attractive for investor demand but less suited to buyers seeking a settled suburban community.
Overall this is a practical, modern apartment that suits investors seeking immediate rental income or owner-occupiers wanting central, low-crime city living with parking. Buyers should weigh the ongoing service charges, electric heating and the student-oriented neighbourhood when deciding if this property fits their needs.
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