Initial price	£162,000
03/09/25	£158,500
Price Change	-2.16%

This 1-bedroom, 1-bathroom apartment is located in the Cypress Place development, just a short walk from the North of Manchester (NOMA) redevelopment area. The property boasts a balcony on the 3rd floor and offers 560 square feet of living space. With an EWS1 B1 rating, it's suitable for mortgage buyers and is available to both investors and owner-occupants. Currently, the property generates a 7.57% rental yield at £1000 per month, with projected yields increasing to 7.95% at £1050 per month. The property is tenanted until July 2026, with a 150-year lease from its completion date in 2006. Additionally, the property comes with a service charge, building insurance, and ground rent, with a council tax band of C and an energy performance certificate rating of B.