Studio apartment

Canterbury Halls, 2 Garstang Road, Preston PR1 1AL

Size: sqm

Purchase price

£65,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £8,728
Ground rent £275
Service charge £2,260
Lettings fees £576
Net income £5,617
Gross yield 13.43%
Net yield 8.64%

ATTENTION INVESTORS – HANDS OFF INVESTMENT YIELDING NEAR 9% NET! Luxury purpose-built student accommodation close to the UCLan campus in Preston, enquire today to avoid disappointment.

yieldit are delighted to introduce this hands-off student investment property producing an incredible yield of near 9% NET of all fees. Perfectly located close to the highly regarded University of Central Lancashire, which ranked in the top 7% of universities worldwide in the CWUR’s ‘Global 2000 List’, this purpose-built student accommodation development has it all to ensure a continuous rental demand for the student population which is in the region of 25,000.

This well-appointed self contained studio apartment has been completed to the highest of standards, including double bed, study desk, TV, fully equipped kitchen, ensuite shower room and high speed broadband. Residents of Canterbury Hall can also enjoy access to the beautiful roof-top garden, communal lounge with kitchen and pool table, gymnasium and easy access to Preston city centre with the abundance of amenities, shops, restaurants and bars to enjoy.

Preston is a fantastic city to invest in, it recently beat London as being the UK’s most improved urban area thanks to achieving above-average improvements for health, transport and work-life balance. It’s also the economic hub of Lancashire, boasting unrivalled transport links, a fantastic quality of life and affordable living, in addition to this it’s appeal is only set to increase further with over £1billion of investment planned for the next decade including the 450m City Deal which is set to build on this and create 20,000 new jobs over the next 10 years.

ATTENTION INVESTORS – HANDS OFF INVESTMENT YIELDING NEAR 9% NET! Luxury purpose built student accommodation close to the UCLan campus in Preston, enquire today to avoid disappointment.

Interested in this property? Enquire today for more information

Key features

Key features

Incredible hands off student investment

Key features

Yielding near 9% NET!

Key features

Self contained student studio

Key features

Luxury student accomodation

Key features

Well maintained development

Key features

Kitchenette and ensuite included

Key features

Unrivalled onsite amenities

Key features

Reception, cinema, common room and gym

Key features

Close to the highly respected UCLan

Key features

Excellent location in Preston city centre

ATTENTION INVESTORS – HANDS OFF INVESTMENT YIELDING NEAR 9% NET! Luxury purpose built student accommodation close to the UCLan campus in Preston, enquire today to avoid disappointment. More info...

ATTENTION INVESTORS – HANDS OFF INVESTMENT YIELDING NEAR 9% NET! Luxury purpose-built student accommodation close to the UCLan campus in Preston, enquire today to avoid disappointment.

yieldit are delighted to introduce this hands-off student investment property producing an incredible yield of near 9% NET of all fees. Perfectly located close to the highly regarded University of Central Lancashire, which ranked in the top 7% of universities worldwide in the CWUR’s ‘Global 2000 List’, this purpose-built student accommodation development has it all to ensure a continuous rental demand for the student population which is in the region of 25,000.

This well-appointed self contained studio apartment has been completed to the highest of standards, including double bed, study desk, TV, fully equipped kitchen, ensuite shower room and high speed broadband. Residents of Canterbury Hall can also enjoy access to the beautiful roof-top garden, communal lounge with kitchen and pool table, gymnasium and easy access to Preston city centre with the abundance of amenities, shops, restaurants and bars to enjoy.

Preston is a fantastic city to invest in, it recently beat London as being the UK’s most improved urban area thanks to achieving above-average improvements for health, transport and work-life balance. It’s also the economic hub of Lancashire, boasting unrivalled transport links, a fantastic quality of life and affordable living, in addition to this it’s appeal is only set to increase further with over £1billion of investment planned for the next decade including the 450m City Deal which is set to build on this and create 20,000 new jobs over the next 10 years.

  • Key features
    Tick Desktop Incredible hands off student investment
    Tick Desktop Yielding near 9% NET!
    Tick Desktop Self contained student studio
    Tick Desktop Luxury student accomodation
    Tick Desktop Well maintained development
    Tick Desktop Kitchenette and ensuite included
    Tick Desktop Unrivalled onsite amenities
    Tick Desktop Reception, cinema, common room and gym
    Tick Desktop Close to the highly respected UCLan
    Tick Desktop Excellent location in Preston city centre
  • 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 £8,728
Ground rent £275
Service charge £2,260
Lettings fees £576
Net income £5,617
Gross yield 13.43%
Net yield 8.64%

*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.