1 bedroom flat

St. Thomas Road, Preston PR1 6AX

Size: sqm

Purchase price

£59,950

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
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

Key features

Earn instant income

Key features

Studio apartment

Key features

Fully furnished

Key features

Ground floor

Key features

Excellent location

Key features

Great transport links

Key features

Shops and amenities nearby

Key features

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...

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!!

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Studio apartment
    Tick Desktop Fully furnished
    Tick Desktop Ground floor
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops and amenities nearby
    Tick Desktop Minutes to Preston City centre
  • LocationLocation

*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 £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.