Studio apartment

Lunar House, 3-5 Lune Street, Preston, PR1 2NL

Size: 25.5 sqm

Purchase price

£65,000

Size: 25.5 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,940
Ground rent £200
Service charge £1,353
Net income £4,387
Gross yield 9.14%
Net yield 6.75%

yieldit are pleased to offer for sale three superior studio apartments located in the heart of Preston, an ideal location for young professionals and students alike. Lunar House comprises 20 large apartments and is centrally located close to shops and amenities, the university and the train station. Its position near the train station means that Lunar House is not only appealing to the Preston rental market but is also perfect for those commuting to other cities in the North West, including Manchester.

Preston is growing at an impressive rate with a number of major investments underway to improve the area, Preston is on the verge of an economic boom. In particular, the Guild Hall has received a £10m investment over the past three years, while the Preston Markets have had a £3m revamp and a high street make-over. With the area already named the best city to live and work in the North West in the Good Growth for Cities Index by Demos-PwC, it is no surprise why the demand for luxury apartments in the area has increased.

There’s no denying that this bustling, vibrant city is up there with other major players, making it a property hotspot for investors to increase their portfolio of rental properties. This is not an opportunity to be missed so don’t miss out and enquire today.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

ATTENTION INVESTORS - GENERATE FANTASTIC YIELDS ON THESE TENANTED LUXURY STUDIO APARTMENTS! Three apartments are for sale in Lunar House, a fantastic development in the heart of Preston.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted investment opportunities

Key features

Earn immediate return on investment

Key features

Three luxury studios available to purchase

Key features

Excellent development

Key features

Ideal location

Key features

Popular amongst students and professionals

Key features

Close to the University

Key features

Train station nearby

ATTENTION INVESTORS - GENERATE FANTASTIC YIELDS ON THESE TENANTED LUXURY STUDIO APARTMENTS! Three apartments are for sale in Lunar House, a fantastic development in the heart of Preston. More info...

yieldit are pleased to offer for sale three superior studio apartments located in the heart of Preston, an ideal location for young professionals and students alike. Lunar House comprises 20 large apartments and is centrally located close to shops and amenities, the university and the train station. Its position near the train station means that Lunar House is not only appealing to the Preston rental market but is also perfect for those commuting to other cities in the North West, including Manchester.

Preston is growing at an impressive rate with a number of major investments underway to improve the area, Preston is on the verge of an economic boom. In particular, the Guild Hall has received a £10m investment over the past three years, while the Preston Markets have had a £3m revamp and a high street make-over. With the area already named the best city to live and work in the North West in the Good Growth for Cities Index by Demos-PwC, it is no surprise why the demand for luxury apartments in the area has increased.

There’s no denying that this bustling, vibrant city is up there with other major players, making it a property hotspot for investors to increase their portfolio of rental properties. This is not an opportunity to be missed so don’t miss out and enquire today.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

  • Key features
    Tick Desktop Tenanted investment opportunities
    Tick Desktop Earn immediate return on investment
    Tick Desktop Three luxury studios available to purchase
    Tick Desktop Excellent development
    Tick Desktop Ideal location
    Tick Desktop Popular amongst students and professionals
    Tick Desktop Close to the University
    Tick Desktop Train station nearby
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,940
Ground rent £200
Service charge £1,353
Net income £4,387
Gross yield 9.14%
Net yield 6.75%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.