Property for sale in Manchester M16, 1 Bedroom

***investment opportunity sold via auction.***

An opportunity to purchase a 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 neighborhood 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 £80 per week, a service change (Approx £1880 per annum) is payable to include all water, electric and heating etc at the development, ground rent of £250 per annum, length of lease - 150 years from 2011.

*The room is currently tenanted until 29th June 2019 at £80 per week.*

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
- Bike store

All sites offer the following:

Night Security
Secure Fob Entry

CCTV