Summary - FLAT 809, CYPRESS PLACE, 9, NEW CENTURY PARK M4 4EF
1 bed 1 bath Apartment
Long lease, clear safety rating, ready for investors or city living buyers.
560 sq ft one-bedroom apartment with private balcony and city views
Set on the sixth floor of the modern Cypress Place development, this 1-bedroom apartment offers 560 sq ft of open living, a private balcony and large double-glazed windows that capture city views. The building holds a current EWS1 B1 rating and was completed in 2006, giving buyers clear evidence on cladding safety. Broadband and mobile signal are strong, and crime levels in the area are very low.
The property is offered with a periodic tenancy in place, showing a current rental income of £950 pcm (6.33% yield) and projected income of £1,050 pcm (7.00% yield). The long lease (approximately 131 years remaining) supports mortgage eligibility, and both investors and owner-occupiers are suitable buyers. Council tax is affordable and the EPC is B.
Notable running costs include an annual service charge of about £1,661 and ground rent of £250. Heating is electric with room heaters rather than a communal gas system, which may increase energy costs compared with gas-heated alternatives. The development sits within a very deprived local area classification despite being close to major regeneration at NOMA — this brings potential for future uplift but also reflects current neighbourhood challenges.
This apartment suits an investor looking for immediate rental income or a buyer seeking a low-maintenance city-base close to shops, transport and cultural amenities. The combination of long lease, clear EWS1 status and good connectivity makes it straightforward to mortgage, but purchasers should factor in service charges and electric heating costs when assessing long-term affordability.
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