2 bedroom apartment for sale

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2 bedroom apartment for sale

Cypress Place, 9 New Century Park, MANCHESTER, M4
£220,000

Price History

Initial price £230,000
02/08/25 £220,000
Price Change -4.35%

Description

This 2-bedroom, 2-bathroom apartment is located in the Cypress Place development, just a short walk from the North of Manchester regeneration project, which will feature new homes, offices, hotels, shops, and restaurants. The apartment, situated on the 6th floor, boasts a balcony and allocated parking space. With an EWS1 B1 rating, it is suitable for both investors and owner-occupants. Currently, the apartment generates a 6.55% rental yield at £1200 PCM, with projected yields of 6.82% at £1250 PCM. The lease term is 150 years from 2006, with a service charge of approximately £2344.68 PA, building insurance of £981.95 PA, and ground rent of £250 PA. The property is currently tenanted until February 2026.