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1 bed flat for sale

£59,950 From

Leighton Street, Preston PR1

1 1
Interested in this property? Call 020 8128 0216 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Communal garden
  • On street/residents parking
  • Central heating
  • Porter/security

Property description

Student accommodation across the UK is fast becoming a safe haven for investments. The student market has seen UK and International investors flock to buy units across major UK destinations. The asset class is now being viewed as the investment class that can provide robust returns.

One of the most sought after student developments in Preston is hugely popular with students due to its short distance from the main University of Central Lancashire (uclan) buildings, which is home to over 40,000 students. 2,000 of these being international students.

- No stamp duty
- Completed - immediate income
- 2 Years rent paid in advance
- Fully managed and furnished
- Parking available
- 24 Hour CCTV
- All bills included

A contemporary range of En suite flats and studio apartments are available for investors who would like to start off their investment into the student market, or those who are familiar with investing into this asset to generate high returns.

This investment is immediately available and is one of the very few student developments that is complete and ready to make you income. Prices from only £59,950 with a 7% net return for 7 years, along with the first two years rental income paid in advance.

Please contact us so we can help explain how this investment can further benefit you.
Market activity
Average price paid £130,350 Sales 685 Current average value £125,469 (Zoopla Zed-Index) Value change -£2,498 ▼ -1.95%

Property value data/graphs for PR1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £237,535 £186 3.6 £234,307
Semi-detached £149,282 £163 3.0 £153,270
Terraced £88,367 £116 2.8 £88,541
Flats £97,848 £154 1.9 £77,092

Current asking prices in PR1

Average: £126,265
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £86,750
(4)
£92,523
(139)
£134,902
(198)
£214,048
(56)
£245,377
(13)
Flats £71,473
(38)
£100,132
(67)
£160,000
(2)
£190,000
(3)
£180,000
(1)
All £72,928
(42)
£94,998
(206)
£135,153
(200)
£212,825
(59)
£240,707
(14)

Current asking rents in PR1

Average: £748 pcm
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £397 pcm
(29)
£501 pcm
(60)
£622 pcm
(80)
£1,196 pcm
(45)
£1,689 pcm
(19)
Flats £438 pcm
(106)
£616 pcm
(80)
£1,053 pcm
(20)
£1,395 pcm
(4)
£1,994 pcm
(6)
All £429 pcm
(135)
£566 pcm
(140)
£708 pcm
(100)
£1,213 pcm
(49)
£1,762 pcm
(25)

Fun facts for PR1

Highest value in PR1
Highest value streets Zed-Index
Hill Road £482,441
Hollinhurst Avenue £437,642
Castle Walk £400,867
Round Wood £366,341
Penwortham Court £315,747
Highest turnover in PR1
Highest turnover streets Turnover
Condor Way 62.5%
Crownlee 61.9%
The Spinney 54.5%
Foster Croft 50.0%
Prospect Place 50.0%

What Zoopla users think of Preston

Overall rating:

  • currently 3.5 stars
Good - 71% (74 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Preston (Lancs) (0.4 miles)
  • Lostock Hall (2.8 miles)
  • Bamber Bridge (3.2 miles)
  • Blackpool International Airport (13.0 miles)
  • Liverpool John Lennon Airport (30.2 miles)
  • Manchester International Airport (33.4 miles)
  • Knott End-On-Sea Ferry Landing (16.4 miles)
  • Fleetwood for Knott End Ferry Landing (16.6 miles)
  • Heysham Ferry Terminal (20.5 miles)

Nearby schools

View all schools in Preston
  • English Martyrs Catholic Primary School, Preston (0.4 miles)
  • St Ignatius' Catholic Primary School (0.6 miles)
  • Imam Muhammad Zakariya School (0.6 miles)
  • Cardinal Newman College (1.0 mile)
  • Preston College (1.6 miles)
  • Alston Hall College (5.4 miles)
  • Mountwood Academy (0.5 miles)
  • Abrar Academy (0.6 miles)
  • Cedar Lodge (0.7 miles)
Note: Distances are straight line measurements

Local info for Preston

About the neighbours in PR1

AskMe Q&A for Preston

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For more information about this property, please contact
Hylife Investments Ltd, E14 on 020 8128 0216 * (local rate)

Monthly running costs Beta

£384 Monthly total
Mortgage
Purchase price
Deposit (10%) 5,995
Repayment term 25
Interest rate 0.5
Your payment £191 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £11/mo (£127/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £18 Electricity £26 Estimated energy cost £44/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Preston

Estimated tax band A Council tax cost £110 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £13 Sewerage £15 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Hylife Investments Ltd about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hylife Investments Ltd, and do not constitute property particulars. Please contact Hylife Investments Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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