6 bedroom apartment for sale

The Warehouse Apartments, Victoria Street, Preston, PR1

£265,000

Property Description

Key features

  • 6 BEDROOM / 6 BATHROOM
  • On-site Concierge
  • Gross Yield 8.16%
  • Communal Area's
  • Furnished Student Accommodation
  • Investment Opportunity

Full description

Tenure: Leasehold

IDEAL opportunity for investors - A 6 bedroom student furnished apartment located in the sought after C8 Development in the heart of Preston, offered with tenants currently in situ.

Rental Income 17/18 academic year : £22,020 (3,670 per bed)
Management/Service Charge: Approx £4954.50 per annum
Ground Rent: Approx £630 per annum
Repair/Maintenance Charge: Approx £392.19 per annum
Representing a Gross Yield of 8.16% and a Net Yield of 5.94%

Just a few minutes’ walk from the main UCLan campus with its buzzing Student Union, these smart and modern apartments offer not just everything you’d need from your student accommodation in Preston, but everything you’d want.

The property on offer is a 6 bedroom apartment, each bedroom has its own, bed/study area and en-suite. The hallway, open plan living space and kitchen are shared. Allowing the students to have their own space and to socialise in the apartments living space or in the on-site common room.

Each bedroom has it's own desk, double bed with mattress, fitted furniture and en-suite in every bedroom. The living space provides ample seating, coffee table and fitted 32” TV. The kitchen is fully fitted with all appliances including a dishwasher. The on-site common area, located on the ground floor offer ample seating and includes a 50″ TV.

The development benefits from en-suite to all bedrooms, 24 hour security, high speed broadband in each room, on-site laundry room, concierge service.

The development is managed by Student Facility Management and more information can be found via their website: www.studentfacilitymanagement.com

Contact Cherish Property to arrange a viewing appointment / request further information.


Listing History

Added on Rightmove:
14 February 2018

Nearest stations

  • Preston (0.6 mi)
  • Lostock Hall (3.0 mi)
  • Bamber Bridge (3.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Cherish Property Ltd, Manchester

Cherish Property 2nd floor 1 City Road East Manchester M15 4PN

0161 468 0857 Local call rate

How much will it cost me to call the number displayed on the site?

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Map & Street View

Nearest stations

  • Preston (0.6 mi)
  • Lostock Hall (3.0 mi)
  • Bamber Bridge (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Cherish Property Ltd, Manchester

Cherish Property 2nd floor 1 City Road East Manchester M15 4PN

0161 468 0857 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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