Summary - Apartment 1601 Jefferson Place, 1, Fernie Street M4 4BT
1 bed 1 bath Apartment
440 sq ft investment flat with strong projected rental yield and city-centre location..
14th-floor 1-bed with balcony and integrated kitchen
Presented as a high-yield, 1-bedroom apartment on the 14th floor of Jefferson Place, this 440 sq ft unit is aimed squarely at buy-to-let investors. It is currently tenanted until April 2026 and marketed for cash buyers, with a projected rental yield of 9.69% at £1,050 pcm (current income quoted at £1,000 pcm). The flat includes a balcony, integrated kitchen with dishwasher, double glazing and an EPC B rating.
Running costs and tenure are straightforward: a 150-year lease from 2006 (approx. 130 years remaining), service charge around £1,315 pa, ground rent £250 pa and building insurance approx. £318 pa. Heating is by electric room heaters rather than gas central heating, which can mean higher energy bills and possible tenant preference issues. Broadband speeds are fast and mobile signal is excellent, supporting strong rental demand from students and young professionals.
Location supports consistent lettings: Jefferson Place sits in The Green Quarter close to Victoria Station and Manchester city centre, in a multicultural, student-dominated neighbourhood. That brings reliable rental demand but also the typical noise and churn of a student area and a local classification of higher deprivation. This is a clear investment proposition for a buyer seeking immediate income and decent yields, but note the cash-only requirement, the existing tenancy in place, and the electric heating when assessing running costs and exit options.
2 bedroom flat for sale in Jefferson Place, 1 Fernie Street, Green Quarter, Manchester, M4 — £250,000 • 2 bed • 2 bath • 588 ft²
2 bedroom apartment for sale in Jefferson Place, Fernie Street, Manchester, M4 — £200,000 • 2 bed • 2 bath • 646 ft²
1 bedroom apartment for sale in Masson Place, Hornbeam Way, M4 — £150,000 • 1 bed • 1 bath • 541 ft²
1 bedroom flat for sale in Masson Place, 1 Hornbeam Way, Manchester, Greater Manchester, M4 — £160,000 • 1 bed • 1 bath • 502 ft²
1 bedroom apartment for sale in BMV Manchester Investment, M4 — £229,950 • 1 bed • 1 bath
1 bedroom apartment for sale in Buy to Let Manchester Flat, M1 — £249,950 • 1 bed • 1 bath
