Jefferson Place, 1 Fernie Street... 1 bed apartment for sale

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Jefferson Place, 1 Fernie Street... 1 bed apartment for sale

Jefferson Place, 1 Fernie Street, Manchester, M4
£130,000

Price History

Initial price £140,000
01/07/25 £135,000
03/09/25 £130,000
Price Change -7.14%

Description

This is a high-yield investment opportunity in the popular Jefferson Place development, with a projected rental yield of 9.69% at £1050 per month. The 1-bedroom, 1-bathroom apartment on the 14th floor features a balcony and measures 440 square feet. The property is currently tenanted until April 2026 and offers a 150-year lease from 2006. With a service charge of £1315 per annum, building insurance of £318 per annum, and ground rent of £250 per annum, this is a great opportunity for cash buyers, both investors and owner-occupants. Located in the desirable Green Quarter, with easy access to Victoria Train Station and Manchester city centre, this property offers stylish and convenient living.