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Montgomery House, Demense Road... 1 bed flat for sale
Montgomery House, Demense Road, Manchester M16
£21,000
Montgomery House, Demense Road, Manchester M16
£21,000
Our Summary
- Auction Details09 May 2025, 12pm Deadline for OffersHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
- AUCTION DATE: 09 May 2025
Description
This 150-year leasehold property in Manchester offers a prime addition to any investment portfolio, with an immediate rental return of £495 per month. The studio accommodation, located in a well-maintained and professionally managed building, is situated in a high-demand location, just 2 miles from Manchester City Centre and within easy reach of the University of Manchester's main campus and other nearby universities. The property benefits from shared facilities including a fitness gym, laundry, and communal kitchen areas. The current tenancy runs until 2025, with a rolling contract agreement, providing a stable and predictable income stream. With excellent transport links and proximity to local shops and amenities, this property is an attractive opportunity for investors seeking a reliable and lucrative investment.