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Property Listing Details

1 bed flat for sale

Montgomery House Demesne Road, Manchester, Manchester M16

Offers in region of

£16,499

Property details

Features

  • 1 bedroom
  • Leasehold
  • Chain Free
  • Investment Opportunity
  • Prime Location
  • Low cost student friendly investment property, 24 hour staff onsite, large grounds / gardens, gym large kitchens and large lobby
  • Opportunity for capital appreciate
  • Fully managed investment opportunity
  • Investment opportunity with returns of up to 19% possible.

Listing view statistics

Last 30 days: 434 page views

Since listed: 1815 page views

Description

Excellent investment opportunity

currently tenanted until July 2019

This flat has been modernized including new paint, modern floating shelves, a second mirror, drawing board, curtains, a glass shelf above sink and more updated sink than most of the other flats. This is besides the standard furniture consisting of the bed, wardrobe and table/desk.

This flat would therefore be far more attractive for students than comparable pods. Please see the photos.

" Re renovated student room
" Ground floor and near entrance
" Can Let to both male or female
" Quieter location than other rooms
" Contains floating shelves
" Contains 3 added shelves for decor
" Contains desk with drawers and swivel chair
" Has a 2nd Mirror
" Under mirror floating glass shelf
" No scaffolding under sink
" Bedside lamp with clip led
" Curtains

Opportunity to purchase a completed unit in the popular Montgomery Halls development in central Manchester. There are no new student developments being granted planning permission in Manchester (home to over 105,000 students), and as such student pods for sale in existing, operational developments such as Montgomery Halls are now at a premium. As such, these units offer substantial opportunity for capital appreciation as well as a consistently high yield starting in September 2016.

An existing and fully operational student development, the student pods for sale in Montgomery Halls offer our investors one of the best opportunities to invest in the rapidly expanding student accommodation investment market. Despite weekly rental fees being increased up to £90.00 per week for a standard room, Montgomery Halls still offers one of the lowest priced student accommodations in central Manchester, creating a consistent demand from tenants studying at one of the cities three major universities. This development has undergone significant changes in recent years, and is now fully managed by one of the UKs leading property management companies, the Residential Management Group. With the rmg Group recently appointed by the managing committee of owners/landlords, Monty Halls presents a significant opportunity for investors seeking to invest in the rapidly expanding UK student property market.

Montgomery Halls - Investment Highlights
- The student population in Manchester is over 105,000
- Three major universities
- Fully managed student development
- Completed and fully operational student development
- bmv student accommodation
- Prices include Water, Gas, Electricity and Wifi through the building
- On-site parking available
- most developments have no car parking facilities
- Large spacious gardens including bbq area
- 24hr on site management
- Spacious shared recreation area Montgomery Halls
- Tenancy Status
- Currently tenanted at £80.00 per week
- These pods are generally managed by Simply Residential (9% letting fees)
- Facilities management by rmg (service charges do apply)

Introduction to the Student Pods Although Montgomery Halls consists of over 250 operational student units, the vast majority of these are comprised of the standard size student pods. These measure 10.00sqm, and come complete with a wash basin, 3/4 size bed, desk and wardrobes. All units are fully managed by rmg Lettings on behalf of the investors.

Montgomery Halls - Features

Mature gardens and leafy surroundings
Free parking
Extensive gardens
Free minibus service to the city centre
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


Property Ref: 948
For viewing arrangement, please use 99home online viewing system.

If calling, please quote reference: 948

Disclaimer : Is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible.
Please inform us if you become aware of any information being inaccurate.

Floorplan

Map & Nearby

Local Amenities

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

Local map of the area

Map and Street View Map showing location of property

Local Amenities

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

Market stats

Sale activity

Average estimated value for a flat in M16:

  • £153,746
  • Price increase

  • £3,348
  • (2.226%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £149,813
  • Properties sold

    69

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in M16 is currently:

£420 pcm

Recent sales nearby

See all recent sales in M16
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The Agent

Price history

Sold prices provided by Land Registry
12th Jul 2018 £16,499 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by 99Home Ltd. 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 99Home Ltd for full details and further information.