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Property Listing Details

1 bed flat for sale

Demesne Road, Whalley Range, Manchester M16

  • Investment

£4,000

Property details

  • 1 bedroom
  • 1 reception room

Features

  • Student Accommodation
  • Double Bedroom
  • 24 Hour Reception
  • Parking on Site
  • Close To Local Amenities

Listing view statistics

Last 30 days: 295 page views

Since listed: 3933 page views

Description

Summary

For sale by online auction. Starting Bid 4,000. Terms and conditions apply.

We welcome to the market this double bedroom which is an opportunity to purchase a completed and 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 can be let at 360.00 Per 4 weeks. A service change (Approx 1880pa) is payable to include all water, electric and heating etc at the development. Ground rent of 250pa

Length of lease - 150 years from 2011.

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 (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

Please Note: We have not inspected this property.

You could get

Superfast broadband Superfast broadband

Up to 76 Mbps (Source: Ofcom)

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:

  • £158,623
  • Price decrease

  • -£6,952
  • (-4.199%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £143,578
  • Properties sold

    76

Rental opportunities

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

£516 pcm

Recent sales nearby

See all recent sales in M16
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
21st Aug 2019 £4,000 Price reduced by £2,000
6th Aug 2019 £6,000 Price increased by £1,000
6th Aug 2019 £5,000 Price reduced by £1,000
1st Aug 2019 £6,000 Price reduced by £2,500
1st Feb 2019 £8,500 First listed
19th Aug 2015 £20,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Pattinson - Auctions. 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 Pattinson - Auctions for full details and further information.