St. Thomas Road, Preston PR1 6AX
Size: sqm
Purchase price
£59,950
Size: sqm
Tenanted
Gross rent | £7,500 |
Ground rent | £250 |
Service charge | £1,769 |
Lettings fees | £720 |
Net income | £4,761 |
Gross yield | 12.51% |
Net yield | 7.94% |
EARN INSTANT INCOME ON THIS ALREADY TENANTED STUDENT INVESTMENT OPPORTUNITY - CASH BUYERS ONLY! Student accommodation a mere 3 minute walk away from the UK's 8th largest university! Assured rental period for a further 3 years!
This bright and spacious student apartment is located in The Box - a purpose renovated development in the centre of Preston. Residents of The Box benefit from facilities such as fully fitted shared kitchen and bathroom areas, bicycle storage, a laundry room and on-site maintenance as well as the luxury of a communal lounge with TV and having a gym and entertainment complex nearby. The Box is also only a 3 minute walk away from the University of Central Lancashire (UCLAN) which ensures that accommodation such as this is always in demand!!
UCLAN is the UK’s 8th largest university and with it’s £200m campus transformation underway, it’s popularity is only going to grow! There is currently an accommodation shortage for students in Preston with 32,000+ students fighting for places in 5,540 purpose built units, meaning that 83% of Preston’s students are forced to source less preferable accommodation in the private sector (EmergingProperty.co.uk).
With The Box’s 3 year rental assurance in place and the demand that comes with being one of the few purpose built student accommodations in Preston, this is not an opportunity to be missed!!
Interested in this property? Enquire today for more information
Key features
Earn instant income
Studio apartment
Fully furnished
Ground floor
Excellent location
Great transport links
Shops and amenities nearby
Minutes to Preston City centre
EARN INSTANT INCOME ON THIS ALREADY TENANTED STUDENT INVESTMENT OPPORTUNITY - CASH BUYERS ONLY! Student accommodation a mere 3 minute walk away from the UK's 8th largest university! Assured rental period for a further 3 years! More info... Less info...
This bright and spacious student apartment is located in The Box - a purpose renovated development in the centre of Preston. Residents of The Box benefit from facilities such as fully fitted shared kitchen and bathroom areas, bicycle storage, a laundry room and on-site maintenance as well as the luxury of a communal lounge with TV and having a gym and entertainment complex nearby. The Box is also only a 3 minute walk away from the University of Central Lancashire (UCLAN) which ensures that accommodation such as this is always in demand!!
UCLAN is the UK’s 8th largest university and with it’s £200m campus transformation underway, it’s popularity is only going to grow! There is currently an accommodation shortage for students in Preston with 32,000+ students fighting for places in 5,540 purpose built units, meaning that 83% of Preston’s students are forced to source less preferable accommodation in the private sector (EmergingProperty.co.uk).
With The Box’s 3 year rental assurance in place and the demand that comes with being one of the few purpose built student accommodations in Preston, this is not an opportunity to be missed!!
*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.
Gross rent | £7,500 |
Ground rent | £250 |
Service charge | £1,769 |
Lettings fees | £720 |
Net income | £4,761 |
Gross yield | 12.51% |
Net yield | 7.94% |
*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.
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yieldit is a company registered in England and Wales. Registered number: 5236745.