Cypress Place, New Century Park, Manchester
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Key features
- Immediate income from day one - already tenanted at £1,175 pcm, with no void period or letting costs to absorb
- Strong gross yield of 9.86%, comfortably outperforming the Manchester city-centre average
- Healthy net yield of 8.50% after ground rent and service charges, offering a genuinely attractive return
- Sought-after Green Quarter location, bordering the Northern Quarter and Ancoats, with a well-established track record of tenant demand
- Excellent connectivity, within easy reach of Manchester Victoria and Piccadilly stations for fast city and regional travel
- Practical, tenant-friendly layout, including a rare separate utility room and a private balcony overlooking landscaped green space — features that support strong tenant retention
Description
A superb investment opportunity in Manchester's ever-popular Green Quarter — currently tenanted at £1,175 pcm, delivering a gross yield of 9.86%.
This beautifully presented one-bedroom apartment is set on the first floor of the sought-after Cypress Place development and benefits from a private balcony overlooking attractive landscaped green space between the apartment blocks.
The accommodation comprises an open-plan living/kitchen space, a generous double bedroom, a stylish bathroom with shower over bath, and a separate utility room — a genuinely useful feature rarely found in comparable city apartments.
Ideal for investors, this apartment is already let, removing the hassle and cost of sourcing a tenant and offering an immediate rental return from day one.
Cypress Place sits within Manchester's thriving Green Quarter, a highly desirable and fast-evolving neighbourhood bordering the Northern Quarter and Ancoats. The area is well known for its excellent transport links, including easy access to Manchester Victoria and Piccadilly stations, along with a vibrant selection of independent cafés, bars, restaurants, and boutique shops right on the doorstep. This combination of location, lifestyle, and connectivity continues to drive strong and consistent tenant demand.
Key Details:
One-bedroom apartment, first floor
Private balcony overlooking green landscaped space
Open-plan living/kitchen
Double bedroom
Bathroom with shower over bath
Separate utility room
Currently let at £1,175 pcm
Gross yield: 9.86% | Net yield: 8.50%
Leasehold – 129 years remaining
Ground rent: £250 pa
Service charge: approx. £1,700 pa
A fantastic opportunity to acquire a well-located, income-producing apartment in one of Manchester's most in-demand rental hotspots. Early viewing is highly recommended.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Cypress Place, New Century Park, Manchester
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Visit our security centre to find out moreDisclaimer - Property reference Flat 211, Cypress Place . The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.