1 bed flat

A prime investment opportunity is available for sale by online auction, offering a gross annual rent of £6000 and a 22% net yield. The property is a studio-style accommodation with a bedroom, sitting room, and washing facilities, located in the grounds of Montgomery House in Manchester. The property is fully managed and hands-off, with no viewings allowed. The location is prime, just 2 miles from Manchester City Centre and within walking distance to the University of Manchester main campus and Manchester University Metro Campus. The property is situated in a popular area with excellent transport links and amenities, making it an ideal location for students. The property is being sold under auction terms, with a 10% deposit and a £3000+VAT buyers premium required upon the fall of the hammer.