Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 1
- Council Tax:
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Montgomery House Serviced accommodation within extremely well-maintained and professionally managed building. Rent is £500 per month, (£6,000) per annum.
150 year leasehold with 144 years unexpired on property. Studio, 'pod' style accommodation with 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.
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.
Leasehold Property - 150 year leasehold property with 144 years unexpired. Serviced accommodation within extremely well-maintained and professionally managed building.
Studio Room Number 309.
Pod Style accommodation with bedroom, sitting room and washing facilities. Shared faculties include access to fitness gym, laundry and communal kitchen areas. PRIME ADDITION TO ANY INVESTMENT PORTFOLIO with immediate rental return. High demand location in Manchester.
Professionally Managed Building.
LOCATION: Only 2 miles from Manchester City Centre and just over a 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.
All commission outlays, and conveyancing costs be be paid by the purchaser upon completion.
Manchester is the largest and most populous City in the North west of England with the UK's fifth largest population over 500,000 with over 2 million people in the Greater Manchester area.
Manchester offers outstanding transport links, including the largest Airport in the North of England.
All commission outlays, and conveyancing costs be be paid by the purchaser upon completion.
Full Address: 309 Montgomery House, Demense Road, Manchester, M16 8PH
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Tenancy Details
Type of Agreement: Short Assured Tenancy (SAT)
Length: Rolling
Rent: £6,000 per year / £500 per month
Yield: 25% (approx)
Tenant: Private Individual
Notes:
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Pricing Information & Bidding
What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).
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Terms of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to
request a copy by email prior to bidding.
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Auction Details
Date & Time: 07 May 2026, 10am-3pm
Type: Timed Online Auction
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