Student Accommodation

Canterbury Hall - Student Property in Preston

From: £70,700
Net yield of 8% contracted for two years, paid from the first student rental payment in Oct 2021
Located next to location the UCLan campus in the city of Preston
Wi-fi, bike storage, laundry, and gym facilities
Completed development

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Completed student property investment in Preston, Lancashire. Offering a contracted 8% net yield for two years.


Canterbury Hall is a completed student property development in Preston, Lancashire. Studios within the block are available for investors to purchase.

Key Figures

£70,700
Starting Price

8%
Net Yield

Q4 2020
Completion Date

Investment Details

Student Accommodation Investment in Preston, Lancashire

A new opportunity has arisen to invest in a completed student development in Preston.

Canterbury Hall comprises 191 self-contained studios with modern communal areas including a roof garden. It is conveniently situated next to the University of Central Lancashire campus, allowing students an easy commute to lectures. The development is also conveniently located close to supermarkets and a PureGym.

  1. Priced at £70,700
  2. Net yield of 8% contracted for two years, paid from the first student rental payment in Oct 2021
  3. Located next to location the UCLan campus in the city of Preston
  4. Rooftop garden
  5. 191 self-contained studios with modern communal areas
  6. Wi-fi, bike storage, laundry, and gym facilities
  7. Secure door entry and CCTV
  8. Onsite management and parcel service

The Numbers

Ground Rent:£275

Number of Units:191

Service Charge:£1,658

Prices:£70,700

Leasehold:

UCLan Brook Building
PureGym Preston
University of Central Lancashire
Preston Train Station
  1. 191 self-contained studios with modern communal areas
  2. Wi-fi, bike storage, laundry, and gym facilities
  3. Secure door entry and CCTV
  4. Onsite management and parcel service
  1. £5,000 reservation deposit
  2. Balance on completion
  3. Completion with 28 days

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