Initial price	£230,000
29/04/25	£225,000
Price Change	-2.17%

This 2-bedroom, 2-bathroom apartment is located in the Cypress Place development, just a short walk from the N.O.M.A. redevelopment area in Manchester. The 706 square foot apartment features a balcony and an allocated parking space, and is currently tenanted until March 2025. With a 150-year lease, the property offers a strong investment opportunity, with a current rental yield of 5.87% and projected yield of 6.67%. The service charge and building insurance are approximately £2344.68 and £981.95 per annum, respectively, and the ground rent is £250 per annum. The property is EWS1 B1 rated and has an EPC rating of B, making it suitable for both investors and owner-occupants.