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1 bedroom flat for sale

Montgomery House Demesne Road, Manchester, M16 8PH

Offers in Region of £20,000

Property Description

Key features

  • 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.

Full description

Property Ref: 948EXCELLENT INVESTMENT OPPORTUNITYThis 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✔ CurtainsOpportunity 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 £80.00 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 marketed 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 SecuritySecure Fob EntryCCTVDedicated management team on site Monday to Friday between 09:00 and 17:00Customer Service contactable 24 hours a day, 365 days a yearCentral LocationsFree ParkingDirect line to taxi serviceFitted Kitchen: Hob Oven, Fridge, Freezer, Toaster, Kettle, MicrowaveOn-site Laundry FacilitiesCommunal Relaxation AreasTV point in every room2 acre communal gardenVending machinesAmenities - approx distanceTesco's - 0.8milesShell Garage - 500ftSubway - 0.7 milesAsda - 1.5 milesCampusesManchester Metropolitan Hollings Campus - 2 milesManchester Metropolitan All Saints Campus - 1.9 milesUniversity of Manchester Fallowfield Campus - 1.8 milesUniversity of Manchester Oxford Road Campus - 2 milesExcel College - 2.6 milesBerlitz College - 2.5 milesThe International Society - 1.8 milesManchester Academy Of English - 1.3 milesEF International Language Schools - 1.4 milesItalian Language Solutions - 0.6 miles


Property Ref: 948
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Listing History

Added on Rightmove:
14 February 2018

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