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1 bedroom apartment for sale

Canterbury Halls, Garstang Road, Preston, PR1 1NA

£58,900

Property Description

Key features

  • 5 Year rental guarantee
  • Luxury fully furnished apartments
  • 9% NET rental yield
  • No stamp duty
  • Roof top garden, GYM, Study/meeting room, cinema
  • 5 minute walk from UCLAN

Full description

Introducing Canterbury Hall; a stunning new build development in the lucrative market of student property. Featuring a beautiful roof-top garden and offering assured income for five years, this is an excellent, secure investment opportunity.

With a fantastic location right next to the UCLan campus in the city of Preston, Canterbury Hall is the perfect solution for students looking for independent living in a student environment. UCLan is the 8th largest university in the UK but its student population is critically undersupplied by its halls of residence accommodation. The available 2,200 beds are consequently limited to first year students. Preston is an excellent city for students. Although small by some city standards (the total population is 140,000) the fact that 32,000 students study at UCLan means that students are a large part of everyday life in the city. Students are welcomed with open arms as an important part of the city's modern heritage, and a major contributor to its booming economy.

The four-storey development comprises a total of 190 fully furnished apartments. Investors are guaranteed a 10% NET rental yield for 5 years with 5% interest paid on deposited funds up until build completion. With a very experienced developer and management company in place, Canterbury Hall is sure to be one of the best investment opportunities on the market right now.

Enquire with us today to have first pick of the availability and receive your free development brochure.


More information from this agent

Listing History

Added on Rightmove:
13 May 2017

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