Property for sale

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Property for sale

Leighton Hall, Leighton Street, Preston, Lancashire, PR1 8RH
£110,000

Price History

Initial price £120,000
24/09/24 £113,000
02/10/24 £110,000
Price Change -8.33%

Description

This six-bedroom student pod investment is located next to the University of Central Lancashire campus in Preston's city centre, offering an ideal location for students. The fully furnished unit spans approximately 112.02 sq m and produces a gross rental income of £23,920 per annum, with rent set at £99 per week per bedroom. The property is "fractionally owned", meaning owners share costs and income equally, and currently has an occupancy rate of 85%. With two vacant rooms expected to be occupied by the end of the month, this is an attractive opportunity for investors looking to generate passive income.