Flat for sale in Preston, PR1
Leighton Street, Preston, PR1£41,640
Agent details
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Full Details for Flat for sale in Preston, PR1 :
Leighton Hall, Preston, 7% Net Rental Returns Assured for 5 Years
Leighton Hall stands on the University of Central Lancashire Campus, accommodating students in a mixture of en-suites and studios. Leighton Hall has been operational for 10 years and was voted \"Most loved facility\" by UCLan's 33,000 students and plans for a fresh summer 2016 refurbishment. The facility is managed by one of the premier operators of student accommodation in the UK with a proven track record and represents a great investment opportunity.
Investment Opportunity
- En-suite rooms for £41,640
- Studios for £74,000
- 7% NET rental return
- 5 year rental assurance Operational purpose built student accommodation
- 99.3% occupancy over 10-years
- Fully tenanted for 2015/16
- On the University of Central Lancashire Campus
- Fully managed by specialist national operator
- 140-year lease
- Refurbishment planned for summer 2016 included in price
- Income paid quarterly in arrears
- £4,000 to reserve
Property Specifications
- Purpose built student accommodation (PBSA)
- Operational for 10-years
- Voted \"Most loved facility\" by UCLan's 33,000 students
- Located south of the University of Central Lancashire's City Campus
- En-suite rooms 12m²
- Studio apartments 26m²
- Communal kitchen/lounge for each cluster flat of 5-6 rooms
- Mixture of studios and en-suites rooms
- Refurbishment planned for summer 2016 & included within the purchase price
- High speed Wi-Fi connection
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House Prices for houses sold in PR1 8RH
Stations Nearby
- Preston (Lancs)
- 0.3 miles
- Lostock Hall
- 2.8 miles
- Bamber Bridge
- 3.2 miles
Schools Nearby
- Larches House School
- 1.7 miles
- Lostock Hall Moor Hey School
- 2.2 miles
- The Coppice School
- 3.0 miles
- St Stephen's CofE School
- 0.6 miles
- English Martyrs Catholic Primary School, Preston
- 0.3 miles
- St Ignatius' Catholic Primary School
- 0.6 miles
- Abrar Academy
- 0.7 miles
- Moorbrook School
- 0.9 miles
- Sir Tom Finney Community School
- 0.9 miles
