Initial price	£4,000
04/01/26	£1
Price Change	-99.98%

This is a studio apartment located in Montgomery House, Manchester, available for sale by auction on January 7th, 2026. The property is a hands-off investment opportunity, achieving a gross annual rent of £6,000 and a net yield of 22%. The apartment is situated in a prime location, just 2 miles from Manchester City Centre and 1 mile from the University of Manchester main campus. The property is fully managed and has shared facilities including a gym, laundry, and communal kitchen. The location is ideal for students, with eight university and college campuses within a 2-mile radius and excellent transport links. The auction terms will include a service charge of £3,600 per annum and a ground rent of £400 per annum. The agent will not facilitate any viewings due to the type of accommodation, which is currently let.