Studio flat for sale

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Studio flat for sale

125, Montgomery House, Demesne Road, Manchester, M168PH
£15,000

Price History

Initial price £21,000
02/08/25 £15,000
Price Change -28.57%

Description

Montgomery House is a serviced accommodation located in a well-maintained and professionally managed building in Manchester's Whalley Range area. The property is a 150-year leasehold with 144 years remaining and is currently rented out for £450 per month, providing a good rental return. The studio-style accommodation features a bedroom, sitting room, and washing facilities, and is part of a complex that includes shared facilities such as a gym, laundry, and communal kitchen. The property is situated in a prime location, just two miles from Manchester City Centre and within walking distance of several university campuses, making it an attractive option for investors seeking a low-cost addition to their portfolio. With excellent transport links and a rich history, Montgomery House is a unique opportunity for investors to capitalize on the high demand for rental properties in Manchester.