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Jefferson Place, 1 Fernie Street... 1 bed apartment for sale
Jefferson Place, 1 Fernie Street, Manchester, M4
£130,000
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.