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 is a high-yielding investment opportunity located close to the University of Central Lancashire in Preston. The property, known as Canterbury Hall, offers self-contained studio apartments with modern amenities, including double beds, study desks, TVs, fully equipped kitchens, and high-speed broadband. Residents can enjoy access to a rooftop garden, communal lounge with kitchen and pool table, gymnasium, and easy access to Preston city centre. With a gross yield of 14.44% and net yield of 8.51%, this investment has the potential to generate significant returns. Preston is a thriving city with a strong economy, excellent transport links, and a high quality of life, making it an attractive location for students and investors alike. With over £1 billion of investment planned for the next decade, the city's appeal is only set to increase further, making this a lucrative investment opportunity for those looking to capitalize on the growing demand for student accommodation.