Initial price	£220,000
02/08/25	£210,000
Price Change	-4.55%

This 2-bedroom, 2-bathroom apartment is located in the Cypress Place development, within walking distance to the North Manchester regeneration area. The 706 sq. ft. apartment is situated on the 4th floor and features a balcony. The property comes with an allocated parking space and has been rated EWS1 B1. With a current rental yield of 6.86% at £1200 PCM, the projected yield is expected to increase to 7.14% at £1250 PCM. The property is tenanted until September 2025 and has a 150-year lease from 2006. The service charge and building insurance are approximately £2324.76 and £972.95 per annum, respectively, while the ground rent is £250 per annum. The property is suitable for both investors and owner-occupants.