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Description
- Status: Available
- Type: Flat
- Ownership: Leasehold
- Occupation: Tenanted
- Bedrooms: 1
- Council Tax: Search
TENANTED INVESTMENT PROPERTY*** Tenanted studio flat located within Manchester City Centre. IMMEDIATE RENTAL INCOME OF £6,000 PER ANNUM.
Studio, pod style accommodation with bedroom, sitting room and washing facilities. Shared faculties include gym, laundry and communal kitchen.
Rental agreement with rental of £6,000 Per Annum. PERFECT INVESTMENT PROPERTY. Ideal base in the Manchester area for working in the city or students at the university.
With eight university & college campuses within a two-mile radius & excellent transport links, Montgomery House is in an ideal location for students.
Manchester offers outstanding transport links, including the largest Airport in the North of England. UK's fifth largest population over 500,000 with over 2 million people in Greater Manchester area
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.
Tenancy Details
Type of Agreement: Basic LeaseLength:
Rent: £6,600 per year / £550 per month
Yield: 73% (approx)
Tenant: Private Individual
Notes: £550pcm
Maps & Location
Map Street View SatelliteMontgomery House, located on Demesne Road in Manchester's Whalley Range area, is a residential complex with a rich history and diverse living spaces. Well-connected by bus routes, and close to Manchester Oxford Road & Deansgate stations. 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.
Document Downloads
Pricing Information & Bidding
Opening Bid: £9,000
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). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 2% of Sale Price (Minimum £3,250 + vat)
Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.
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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 for each property which may differ in deposit amount, completion and buyers fee.
* 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.
General Terms & Conditions of Sale
Lot Specific Terms - 117aMontgomery House, Alexandra Park, Manchester