Studio

2 Garstang Road, 
Preston, 
PR1 1AL
Purchase price
£55,000
  • Tenanted
ATTENTION INVESTORS – INCREDIBLE HIGH YIELDING INVESTMENT! Luxury purpose built student accommodation close to the UCLan campus in Preston, enquire today to avoid disappointment.
  • Financial Performance*
Gross rent
£6,674
Ground rent
£275
Service charge
£2,347
Net income
£4,052
Gross yield
12.14%
Net yield
7.37%
  • Key Features
  • Incredible hands-off student investment
  • High yielding investment
  • Self-contained student studio
  • Luxury student accommodation
  • Premium development
  • Kitchenette and ensuite included
  • Unrivalled onsite amenities
  • Reception, cinema, common room and gym
  • Close to the highly respected UCLan
  • Excellent location in Preston city centre

ATTENTION INVESTORS – INCREDIBLE HIGH YIELDING INVESTMENT! 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. 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.

  • Financial Performance *
Gross rent
£6,674
Ground rent
£275
Service charge
£2,347
Net income
£4,052
Gross yield
12.14%
Net yield
7.37%
*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.
  • Location
  • EPC