Canterbury Halls, Garstang Road, Preston, PR1

1 bedroom Flat in Preston

For Sale
Offers Over £50,000
Current Yield 13.1 %
Potential Yield 13.1 %
Property Reference: 209146183
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Likely to attract enquiries from Serious Investors & Developers
  • Modern Kitchen and Bathroom
  • Pristine Condition
  • Access to Building Amenities
  • Perfect Location for Students
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

This is a studio flat in Preston. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!

The well-kept home features 1 bedroom, desk space, modern kitchen and bathroom. The building has amenities like communal kitchen and dining space, roof deck, lounge, gym and utility room.

Investment Details

It currently produces an annual gross income of £7,440 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The property is within purpose-built student accommodation (PSBA) block and it can only be let out to students. The current tenant has consistently paid rent for the duration of their stay. The unit is currently managed by student living and must be sold with the tenant in situ.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 209146183

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £620
  • Potential Rent pcm: £620
  • Tenancy Agreement in place: YES
  • Tenancy Compliance in place: YES
  • Current Term of Tenancy: 1 year
  • Tenants means of funding: Student
Property Reference: 209146183
Property Reference: 209146183

Property Location

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Request DetailsCanterbury Halls, Garstang Road, Preston, PR1

Offers Over £50,000

Make an offer
Canterbury Halls, Garstang Road, Preston, PR1

Listing Price

Offers Over £50,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.