Summary - CEDAR COURT 117 LONGFIELD CENTRE PRESTWICH MANCHESTER M25 1GZ
2 bed 2 bath Flat
Spacious top-floor two-bed in Prestwich Village — sold with tenant, ideal for cash investors..
Tenant in situ paying £1,100 pcm — sold for cash buyers only
Top-floor corner unit with large balcony and wide views
Two double bedrooms; master bedroom with en suite shower
902 sq ft — spacious open-plan living and contemporary finish
One underground allocated parking space with lift access
Leasehold: 125 years remaining; ground rent £150 pa
High service charge c. £2,980 pa — factor in running costs
Area classified as deprived; broadband speeds average
A modern two-bedroom top-floor corner apartment in the heart of Prestwich Village, offered with a sitting tenant paying £1,100 pcm. The flat occupies a large 902 sq ft layout with an open-plan living/kitchen, large balcony with wide views, master en suite and a second bathroom — a straightforward rental proposition with underground parking and lift access.
The property is leasehold with 125 years remaining, an average annual service charge of £2,980 and a small ground rent of £150. Heating is electric via boiler and radiators and the building benefits from double glazing and a 24-hour concierge service. Broadband speeds are average for the area and mobile signal is excellent.
This unit is sold with an assured shorthold tenancy in place and is marketed for cash buyers only, making it best suited to investors seeking an immediate income stream. Note the area scores as deprived and the service charge is comparatively high — both factors to weigh against rental yield and future running costs. The building was constructed 2007–2011 and appears modern and well-maintained.
For an investor, the strengths are clear: a large corner apartment in a busy suburban centre with strong transport links (short walk to Prestwich Metrolink), one allocated underground parking space and consistent tenant income. Drawbacks include the existing tenancy, required cash purchase, above-average service charges and reliance on electric heating — important when modelling net returns.
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