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Property Listing Details

Room for sale

Montgomery House, Demesne Rd, Whalley Range, Manchester M16

£18,000

Features

  • 1 bedroom
  • Double bedroom
  • Heating
  • Wifi
  • On site reception managers
  • Gym facility newly refurbished
  • Newly refurbished common rooms
  • Parking
  • Gardens

Description

Investment opportunity with returns of upto 22% possible.

An opportunity to purchase a completed and tenanted 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 neighbourhood of Alexandra Park, located close Manchester universities and is an ideal investment producing strong yields based on current occupancy.

This property is let at £360.00 Per 4 weeks. A service change (Approx £1700pa) is payable to include all water, electric and heating etc at the development. A ground rent of £250 approx is payable per year.

Length of lease - 150 years from 2011.

Monty Halls - Investor highlights
- The student population in Manchester is over 100,000
- New, professional management company in place
- Completed and fully operational student development
- bmv student accommodation
- 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 (additional charge of £10 per term for gym use.)
- 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
We have a number of investment units available in this development so please call our sales team to discuss your requirements.


Simply better with property.

Floorplan

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Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • William Hulme's Grammar School 0.2 miles
  • St Bede's College 0.3 miles
  • Manchester Oxford Road 1.8 miles
  • Deansgate 1.8 miles

Price history

Sold prices provided by Land Registry
11th May 2018 £18,000 First listed

Running costs

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Property descriptions and related information displayed on this page are marketing materials provided by Simply Residential/Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Simply Residential/Commercial for full details and further information.