1 Bedrooms Flat for sale in Demesne Road, Whalley Range, Manchester M16 | £ 8,000

Property Description

Summary

For sale by auction: Starting Bid 8,000. Auction to be held at 1pm on 30th May 2019 at the Preston Marriott Hotel. Terms and conditions apply.

We welcome to the market this opportunity to purchase a student room in the popular 'Montgomery Halls' development in central Manchester. The double bedroom is furnished and has the communal use of a shared kitchen & bathroom facility. The site has central heating and private parking in the extensive grounds. Monty Halls has over 200 student bedrooms in the quiet residential neighborhood of Alexandra Park, located close Manchester universities and is an ideal investment producing strong yields based on current occupancy.

This property can be let at 80 per week, a service change (Approx 1880 per annum) is payable to include all water, electric and heating etc at the development, ground rent of 250 per annum, length of lease - 150 years from 2011.

*The room is currently tenanted until 29th June 2019 at 80 per week.*

Monty Halls - Investor highlights
- The student population in Manchester is over 100,000
- Professional management company in place
- Completed and fully operational student development
- Prices include Water, Gas, Electricity and Wifi
- On-site parking available most developments have no car parking facilities
- 24hr on site management
- Spacious shared recreation area

Monty Halls Features
- Mature gardens and leafy surroundings
- Extensive gardens
- On site laundry facilities
- On site gym facilities
- Bike store

All sites offer the following:

Night Security
Secure Fob Entry

CCTV

Dedicated management team on site Monday to Friday between 09:00 and 17:00
Customer Service contactable 24 hours a day, 365 days a year
Central Locations
Free Parking
Direct line to taxi service
Fitted Kitchen: Hob Oven, Fridge, Freezer, Toaster, Kettle, Microwave
On-site Laundry Facilities
Communal Relaxation Areas
TV point in every room
2 acre communal garden
Vending machines

Amenities - approx distance
Tesco's - 0.8miles
Shell Garage - 500ft
Subway - 0.7 miles
Asda - 1.5 miles
Campuses
Manchester Metropolitan Hollings Campus - 2 miles
Manchester Metropolitan All Saints Campus - 1.9 miles
University of Manchester Fallowfield Campus - 1.8 miles
University of Manchester Oxford Road Campus - 2 miles
Excel College - 2.6 miles
Berlitz College - 2.5 miles
The International Society - 1.8 miles
Manchester Academy Of English - 1.3 miles
ef International Language Schools - 1.4 miles
Italian Language Solutions - 0.6 miles

Please Note: We have not inspected this property.

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