Initial price	£66,000
22/03/25	£59,000
Price Change	-10.61%

This studio apartment is located in a purpose-built student block, just 5 years old, and is within walking distance of UCLan and close to excellent transport links. The apartment features a study room with a personal shower room and kitchenette, and has access to all communal facilities, including a reception area, cinema room, resident-only gym, garden area, and concierge service desk. The room is currently rented out until the end of the academic year, providing a gross income of £8000 and a net income of £4486. The property has a B EPC rating, a 125-year head lease, and a service charge of approximately 32% of rental income. The ground rent is £275 per annum, and the property can only be let to students via the management company.