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No longer on the market

This property is no longer on the market

1 bedroom flat

Auction
Flat
1 bed
Added > 14 days

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Features and description

  • Status: Available
  • Type: Flat
  • Ownership: Leasehold
  • Occupation: Tenanted
  • AUCTION DATE: 31 August 2023
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)

PRIME INVESTMENT OPPORTUNITY- Serviced accommodation within extremely well-maintained and professionally managed building. Leased on Assured Shorthold Tenancy agreement with RENTAL of £350 PER MONTH (£4,200 per annum). Lease available. Signed September 2021. Let on 6 month-to-6 month arrangement. Rent paid on the 6th of each month. Deposit of £200 held in Security Deposit. 150 year leasehold with 144 years unexpired on property. Montgomery House Student Accommodation is nicely situated opposite classical Victorian Alexandra Park, sandwiched perfectly between Fallowfield and Manchester City Centre with all the major Manchester Universities in close proximity and just a 10-minute bus ride to the city centre. Studio Room Number 230. Montgomery House 1.4 miles Royal Northern College of Music Campus 1.4 miles The University of Manchester Campus 1.5 miles The Manchester Metropolitan University Campus 2.1 miles City Centre Accommodation comprises bedroom, sitting room and washing facilities. Shared faculties include gym, laundry and communal kitchen. PERFECT, LOW COST ADDITION TO ANY INVESTMENT PORTFOLIO with good rental return within extremely high demand location and professionally managed building. Certain to appeal to multiple investors. PRIME RENTAL LOCATION WITH MASSIVE TENANT DEMAND. Only 2 miles from Manchester City Centre and just over 1 mile from University of Manchester main Campus and Manchester University Metro Campus. The property is situated in the grounds of Montgomery House within close proximity to the local shops and amenities of Manchester City Centre. The open spaces of Alexandra Park are within easy reach. Transport links are provided by Manchester Oxford Road and Deans Gate rail stations. With eight university and college campuses within a two-mile radius and excellent transport links, Montgomery House is in an ideal location for students. However, it not exclusively student accommodation

Auction Details
31 August 2023, 3pm
Deadline for Offers

How to Bid Now
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Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
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We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.
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