Studio flat for sale

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Studio flat for sale

Canterbury Halls, 2 Garstang Road, Preston PR1 1AL
£50,000

Price History

Initial price £55,000
18/11/24 £50,000
Price Change -9.09%

Description

This luxury purpose-built student accommodation in Preston, near the University of Central Lancashire, is an incredible high-yielding investment opportunity. The property has been completed to the highest standards, featuring a self-contained studio apartment with a double bed, study desk, TV, fully equipped kitchen, and ensuite shower room. Residents can enjoy access to a rooftop garden, communal lounge, gym, and easy access to Preston city centre. With a gross yield of 14.89% and a net yield of 8.81%, this property is expected to generate a significant income. Preston is a rapidly improving city, with over £1 billion of investment planned for the next decade, including a 450m City Deal that will create 20,000 new jobs. This investment opportunity is not to be missed, with a full financial breakdown available upon request.