Initial price	£70,000
22/08/24	£67,000
29/08/24	£65,000
08/09/24	£63,000
21/09/24	£61,000
30/09/24	£67,000
07/10/24	£65,000
10/10/24	£63,000
16/10/24	£61,000
24/10/24	£67,000
30/10/24	£65,000
06/11/24	£63,000
13/11/24	£61,000
20/11/24	£67,000
26/11/24	£65,000
04/12/24	£63,000
11/12/24	£60,000
18/12/24	£58,000
01/01/25	£56,000
08/01/25	£54,000
15/01/25	£60,000
29/01/25	£58,000
26/02/25	£56,000
12/03/25	£54,000
18/03/25	£60,000
25/03/25	£58,000
02/04/25	£56,000
09/04/25	£54,000
16/04/25	£50,000
18/07/25	£47,500
02/08/25	£43,500
05/09/25	£40,000
Price Change	-42.86%

This studio flat in Preston is a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features one bedroom, a modern kitchen and bathroom, and a desk space, making it an ideal home for a single person. The building offers a range of amenities, including a communal kitchen and dining space, a roof deck, lounge, gym, and utility room. The property currently produces an annual gross income of £7,440, with long-term tenants already in place, making it a worthwhile addition to an investor's portfolio. The property is part of a purpose-built student accommodation block and can only be let out to students, with the current tenant having consistently paid rent for the duration of their stay.