Summary - FLAT 309, CYPRESS PLACE, 9, NEW CENTURY PARK M4 4EE
2 bed 2 bath Apartment
Turnkey buy-to-let with parking and strong rental yield in a regenerating area.
- 706 sq ft, two bedrooms and two bathrooms with private balcony
- Allocated off-street parking space included
- EWS1 B1 rated; modern double glazing throughout
- Tenanted until June 2026; current rent £1,200 pcm
- Actual rental yield 6.86%; projected 7.14% at £1,250 pcm
- Service charge approx £2,324.76 pa; building insurance ~£972.95 pa
- Ground rent £250 pa; lease c.131 years remaining
- Heating via electric room heaters — higher running costs possible
A 2-bedroom, 2-bath apartment with balcony in Cypress Place, offering 706 sq ft of contemporary city living. Located on the fourth floor with an allocated parking space, the apartment has an EWS1 B1 rating and modern double glazing. Fast broadband and excellent mobile signal suit renters and remote workers; nearby North OMA redevelopment promises increased local amenities and demand.
Currently tenanted until June 2026 and presenting a 6.86% actual rental yield (projected 7.14% at a higher rent), this property suits investors seeking immediate income and long lease security (about 131 years remaining). Service charge and building insurance total around £3,297.71 annually; ground rent is £250 per year — these running costs should be factored into yield calculations.
Buyers should note heating is by electric room heaters rather than central gas, which may raise running costs, and the property sits in a very deprived local area despite low recorded crime. The apartment is average-sized and in a modern 2006 development; cosmetic updating or tenant-focused improvements could increase rental value. EWS1 form available for peace of mind.
2 bedroom apartment for sale in Cypress Place, 9 New Century Park, MANCHESTER, M4 — £205,000 • 2 bed • 2 bath • 728 ft²
1 bedroom apartment for sale in Cypress Place, 9 New Century Park, MANCHESTER, M4 — £158,500 • 1 bed • 1 bath • 520 ft²
2 bedroom apartment for sale in Cypress Place, 9 New Century Park, MANCHESTER, M4 — £220,000 • 2 bed • 2 bath • 706 ft²
2 bedroom apartment for sale in Cypress Place, 9 New Century Park, MANCHESTER, M4 — £205,800 • 2 bed • 2 bath • 725 ft²
1 bedroom apartment for sale in Cypress Place, 9 New Century Park, MANCHESTER, M4 — £180,000 • 1 bed • 1 bath • 560 ft²
2 bedroom apartment for sale in Cypress Place, M4 — £210,000 • 2 bed • 2 bath • 731 ft²
