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SOLD STC

Jubilee Court, 129, Fylde Road, Preston, PR1 2XP

Key features

  • Tenanted student investment opportunity
  • Tenanted until June 2023
  • Potential for fantastic 6.44% NET yield
  • Fully-furnished student studio
  • Furnished with double bed, desk and chair
  • Access to communal kitchen
  • Brilliant on-site amenities
  • Unrivalled central location

Property description

This is an unmissable opportunity to invest in student accommodation with potential for a superb 6.44% NET yield. Located in the popular Jubilee Court, the studio apartment is fully-furnished with bed, desk, chair and access to communal kitchen shared between six rooms. The fully-managed development offers students a wide range of amenities with 24-hour security, a support team, communal social areas, games room, cinema room an on-site launderette, bike storage and a courtyard.

Jubilee Court is set in the heart of the bustling student community, just minutes from the University of Central Lancashire campus which attracts over 30,000 students a year and right in the centre of Preston, it has all of the popular shops, restaurants, bars and leisure facilities right on it’s doorstep - so it’s no surprise it’s one of the most in-demand student accommodation choices within the city.

Preston is a fantastic city to invest in, it recently beat London as being the UK’s most improved urban area thanks to achieving above-average improvements for health, transport and work-life balance. It’s also the economic hub of Lancashire, boasting unrivalled transport links, a fantastic quality of life and affordable living, in addition to this it's appeal is only set to increase further with over £1billion of investment planned for the next decade. With over a quarter of the city’s population being made up of student’s, this couldn’t be a better addition to an investors portfolio so don't miss out and enquire today!

Financial Breakdown

Gross rent: £3,150
Ground rent: £582
Service charge: £1,770
Lettings fees: £284
Net income: £514
Gross yield: 18.53%
Net yield: 3.03%

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.



yieldit ref: YL-17974

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Jubilee Court, 129, Fylde Road, Preston, PR1 2XP

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Preston Station0.7 miles
  • Lostock Hall Station3.0 miles
  • Bamber Bridge Station3.4 miles
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About the agent

yieldit, Manchester

Quay West at MediaCityUK Trafford Wharf Road, Trafford Park, Manchester, M17 1HH

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-17974. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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