Property photos
Leasehold
Offers over
£23,000
Studio for sale
Montgomery House, Demesne Road, Manchester M161 bed
Key Information
Tenure:
Leasehold (137 years)
Service charge:
£2,600 per year
Council tax band:
A
Ground rent:
£200
Ground rent date of next review:
Local area information
Property location
Nearby amenities
- William Hulme's Grammar School 0.2 miles
- St Bede's College 0.3 miles
- Manchester Oxford Road 1.8 miles
- Deansgate 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Ultrafast WiFi 1000 mb/s
- Large backyard for residents
- On site Gym
- High rental yield > 20.00%
- Studio conversion opportunity
- Popular rental location
- Parking
- Quiet area
- Tenanted at £483/m
- Security 24/7 & CCTV
Property Reference number : 596472
**superb investment opportunity / opportunity for A potential studio conversion**
>>Cash buyers only<<
1-double bedroom 'Unit' now available in Montgomery House on Demesne road.
The room comes with extras:
Microwave, Kettle, Mini-fridge, Coffee table, and Chest of drawers.
Standard items like a double bed, wardrobe, working desk, and chair are included in this listing too.
Hands-off investment with reliable tenants (working professionals-the rent was not delayed once).
Monthly Rental £483 pcm.
Approximate total annual running costs:
-Service charge £2600
-Ground rent £200
Tenure: Leasehold;
Lease: 137 years remaining. 150-year lease starting from 2011;
Room size approx: 118 sq.ft
***Important information***
2 rooms 'units' are available and provide an excellent opportunity for a potential conversion of these into a modern studio to further enhance returns on this investment. ** There is a possibility of a discount if 2 rooms are bought together.
**Deposit**
Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is not an extra cost.
This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.
An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.
Council Tax: A
Current Annual Ground Rent: £200.00
Current Annual Service Charge: £2,600.00
Current Length Of Lease Remaining: 137 Years
Warning: Never transfer funds to a property owner before viewing the property in person. If in doubt contact the marketing agent or the Citizens Advice Bureau.
Gdpr: Submitting a viewing request for the above property means you are giving us permission to pass your contact details to the vendor or landlord for further communication related to viewing arrangement, or more information related to the above property. If you disagree, please write to us within the message field so we do not forward your details to the vendor or landlord or their managing company.
Viewing disclaimer: Quicklister endeavour to ensure the sales particulars of properties advertised are fair, accurate and reliable, however they are not exhaustive and viewing in person is highly recommended. If there is any point which is of particular importance to you, please contact Quicklister and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.
Property Reference number : 596472
**superb investment opportunity / opportunity for A potential studio conversion**
>>Cash buyers only<<
1-double bedroom 'Unit' now available in Montgomery House on Demesne road.
The room comes with extras:
Microwave, Kettle, Mini-fridge, Coffee table, and Chest of drawers.
Standard items like a double bed, wardrobe, working desk, and chair are included in this listing too.
Hands-off investment with reliable tenants (working professionals-the rent was not delayed once).
Monthly Rental £483 pcm.
Approximate total annual running costs:
-Service charge £2600
-Ground rent £200
Tenure: Leasehold;
Lease: 137 years remaining. 150-year lease starting from 2011;
Room size approx: 118 sq.ft
***Important information***
2 rooms 'units' are available and provide an excellent opportunity for a potential conversion of these into a modern studio to further enhance returns on this investment. ** There is a possibility of a discount if 2 rooms are bought together.
**Deposit**
Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is not an extra cost.
This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.
An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.
Council Tax: A
Current Annual Ground Rent: £200.00
Current Annual Service Charge: £2,600.00
Current Length Of Lease Remaining: 137 Years
Warning: Never transfer funds to a property owner before viewing the property in person. If in doubt contact the marketing agent or the Citizens Advice Bureau.
Gdpr: Submitting a viewing request for the above property means you are giving us permission to pass your contact details to the vendor or landlord for further communication related to viewing arrangement, or more information related to the above property. If you disagree, please write to us within the message field so we do not forward your details to the vendor or landlord or their managing company.
Viewing disclaimer: Quicklister endeavour to ensure the sales particulars of properties advertised are fair, accurate and reliable, however they are not exhaustive and viewing in person is highly recommended. If there is any point which is of particular importance to you, please contact Quicklister and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.
Property Reference number : 596472
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
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Property descriptions and related information displayed on this page are marketing materials provided by - Quicklister. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Quicklister for full details and further information.