Montgomery House, Demesne Road... Studio for sale

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Montgomery House, Demesne Road... Studio for sale

Montgomery House, Demesne Road, Manchester M16
£15,000

Price History

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

Description

This Montgomery House offers a serviced accommodation opportunity in a well-maintained and professionally managed building, with a rental agreement priced at £450 per month (£5,400 per annum). The studio-style pod has a bedroom, sitting room, and washing facilities, and shares amenities with the building, including a gym, laundry, and communal kitchen. With a 150-year leasehold and 144 years unexpired, this property is an attractive addition to any investment portfolio, offering a good rental return in a high-demand location. Its prime location, just 2 miles from Manchester City Centre and 1 mile from the University of Manchester main campus, makes it an ideal spot for students, but not exclusively so. With excellent transport links and eight university and college campuses within a two-mile radius, this property is sure to appeal to multiple investors.