This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- Status: Available
- Type: Flat
- Ownership: Leasehold
- Occupation: Tenanted
- AUCTION DATE: 31 August 2023
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
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
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Energy Performance data and Internal floor area
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