Important Notice - Coronavirus (Of COVID-19)
For Sale By Auction | 2.00pm, 16 March 2020 | Lot 13

22H Montgomery House, Demesne Road, Manchester, M16 8PH

Sold £8,000

  • Investment
  • Tenure: See legal pack

Call the team on 0161 925 3254 for more information

Auction Date

Mon 16/03/2020

Auction Time

2.00pm

Auction Venue

Manchester City FC, The Etihad Stadium, Sport City, Manchester, M11 3FF

Tenanted Student Pod Accommodation Producing £87per week

Tenanted Student Pod Accommodation Producing £87per week. Montgomery House lies on the South side of Alexandra Park and provides low cost rental accommodation. Ideally located for University Students and for access to Manchester City Centre. The property comprises Ground Floor “Pod” accommodation of a Bedroom/Sitting Room with wash hand basin and benefits from communal kitchen and bathroom facilities. The accommodation was refurbished prior to the current tenancy. There is also a communal garden. The property is let for a 40 week term from 20th September 2019 at a rental of £87 per week which will generate £3,480 during this period. Please note there is a Buyers Premium of £1,500 inclusive of VAT.

Tenure

See legal pack

Description

Bedroom/Sitting Room and wash hand basin.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Manchester City Council

Additional Fees

Buyer's Premium - Please note there is a Buyers Premium of £1,500 inclusive of VAT.

Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1080 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.