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Studio for sale

£66,750 Fixed price

Sizer Street, Preston, Lancashire PR1

Interested in this property? Call +44 1772 913909 * or

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

Property description

Development highlights:

New build UK Student Property
218 purpose built studios
Prime location adjacent to University Quarter
Award winning developer
Excellent onsite facilities: Gym, cinema, landscaped courtyard
Professional onsite management

Investment highlights:

8% net fixed yields:
Effortless income
10-year independent build warranty
Optional 5% interest on deposited funds during build
Buyer interests aligned with developer
Available from £60,000.
30% already sold
Reserve now 2017 build com

The demand characteristics exhibited by students has changed over recent years – many, especially those from overseas, no longer wish to live in converted houses or in the common “cluster-flat” student accommodation. They now require bespoke, purpose-built accommodation which lies close to the uclan campus.

Preston City Centre Office: , Unit 8, Fishergate, Preston, PR1 2NJ Fulwood Office: ,77 Watling Street Road, Fulwood, Preston, PR2 8EA Disclaimer: These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.

Market activity
Average price paid £129,271 Sales 642 Current average value £133,818 (Zoopla Zed-Index) Value change £5,844 ▲ 4.57%

Property value data/graphs for PR1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £254,958 £194 3.6 £238,423
Semi-detached £156,984 £175 3.0 £157,425
Terraced £95,812 £125 2.8 £84,950
Flats £102,413 £163 1.9 £83,628

Current asking prices in PR1

Average: £122,616
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £81,990
(5)
£91,299
(157)
£135,681
(221)
£230,659
(47)
£252,850
(7)
Flats £73,840
(67)
£99,687
(66)
£177,843
(7)
£170,000
(1)
-
All £74,406
(72)
£93,782
(223)
£136,975
(228)
£229,396
(48)
£252,850
(7)

Current asking rents in PR1

Average: £1,014 pcm
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £362 pcm
(22)
£503 pcm
(43)
£694 pcm
(70)
£1,272 pcm
(56)
£1,928 pcm
(35)
Flats £472 pcm
(128)
£635 pcm
(62)
£1,022 pcm
(31)
£1,387 pcm
(28)
£1,914 pcm
(23)
All £456 pcm
(150)
£581 pcm
(105)
£795 pcm
(101)
£1,311 pcm
(84)
£1,923 pcm
(58)

Fun facts for PR1

Highest value in PR1
Highest value streets Zed-Index
Hill Road £515,154
Hollinhurst Avenue £465,632
Castle Walk £430,948
Round Wood £394,950
Penwortham Court £339,123
Highest turnover in PR1
Highest turnover streets Turnover
Condor Way 62.5%
Linton Grove 56.2%
The Spinney 54.5%
Crownlee 52.4%
Hollinhurst Avenue 50.0%

What Zoopla users think of Preston

Overall rating:

  • currently 3.5 stars
Good - 72% (81 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

Rate Preston:

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 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) (0.7 miles)
  • Lostock Hall (3.1 miles)
  • Bamber Bridge (3.4 miles)
  • Blackpool International Airport (13.2 miles)
  • Liverpool John Lennon Airport (30.6 miles)
  • Manchester International Airport (33.6 miles)
  • Knott End-On-Sea Ferry Landing (16.3 miles)
  • Fleetwood for Knott End Ferry Landing (16.5 miles)
  • Heysham Ferry Terminal (20.3 miles)

Nearby schools

View all schools in Preston
  • English Martyrs Catholic Primary School, Preston (0.0 miles)
  • Eldon Primary School (0.4 miles)
  • St Ignatius' Catholic Primary School (0.5 miles)
  • Cardinal Newman College (1.0 mile)
  • Preston College (1.2 miles)
  • Alston Hall College (5.1 miles)
  • Abrar Academy (0.2 miles)
  • Moorbrook School (0.6 miles)
  • Moor Park High School and Sixth Form (0.7 miles)
Note: Distances are straight line measurements

Local info for Preston

AskMe Q&A for Preston

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For more information about this property, please contact
Kingswood, PR2 on +44 1772 913909 * (local rate)

Monthly running costs Beta

£440 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,675
Repayment term 25
Interest rate 1.5
Your payment £240 /mo How Much Could I Borrow

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)
Compare insurance deals now 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 £17 Electricity £27 Estimated energy cost £44/mo

Similar properties could save up to £123

How Much Could I Save? 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 £117 /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.

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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 Kingswood, and do not constitute property particulars. Please contact Kingswood 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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