Canterbury Halls, Garstang Road, Preston, PR1 1NA
1 bedroom apartment for sale
- 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
DescriptionIntroducing 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.
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.