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Studio for sale

£58,900

Garstang Road, Preston PR1

1
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Property description

These stunning apartments will offer tenants an amazing location on the doorstep of the city and UCLan campus.

With 9% assured income for five years available on reservations made in May (8% thereafter), plus 4% interest paid on deposits, the development features an iconic roof garden, resident’s gym, study/meeting room & cinema, as well as full on site management.

The apartments are not subject to stamp duty and feature full-service management, making this a secure, hands-off investment. With a contemporary design and high specification finishes throughout, it’s the perfect solution for students looking for independent living in a student environment.

Continuing our successful partnership on student developments, were delighted that sfm will be managing Canterbury Hall. "Student FM are delighted to have been appointed to manage Canterbury Hall – a stunning new student development in the heart of Preston. At Student FM, we only choose the best buildings to manage and see Canterbury Halls becoming an integral part of our impressive and growing portfolio.

"With our Warehouse Apartments scheme being a hugely popular Preston student accommodation building, having been fully occupied for 13 years and winning the prestigious Halls of Residence of the Year award, and with our excellent relationship with the University of Central Lancashire (UCLan), our international partners and our dedication to first class customer service, we feel sure that Canterbury Hall will become the pinnacle of student accommodation in Preston. And with UCLan’s £200m masterplan to transform the university into one of the top institutions in the country with dramatic planned increases in student numbers, the future is bright for student accommodation in Preston."

– sfm

Canterbury Hall will be constructed by Warden Construction, who have recently won both Construction Business of the Year Award and the Corporate & Social Responsibility Award at the 2017 Lancashire Business Red Rose Awards.
Market activity
Average price paid £125,589 Sales 651 Current average value £129,457 (Zoopla Zed-Index) Value change £755 ▲ 0.59%

Property value data/graphs for PR1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £248,294 £193 3.6 £239,057
Semi-detached £154,710 £171 3.0 £155,366
Terraced £90,498 £121 2.8 £83,783
Flats £99,072 £158 1.9 £81,663

Current asking prices in PR1

Average: £118,752
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £81,590
(5)
£94,592
(175)
£133,779
(198)
£218,977
(49)
£237,146
(13)
Flats £71,886
(60)
£92,160
(68)
£170,980
(5)
£173,333
(3)
-
All £72,633
(65)
£93,912
(243)
£134,695
(203)
£216,344
(52)
£237,146
(13)

Current asking rents in PR1

Average: £814 pcm
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £376 pcm
(24)
£513 pcm
(44)
£638 pcm
(53)
£1,180 pcm
(47)
£1,565 pcm
(25)
Flats £433 pcm
(115)
£632 pcm
(78)
£1,086 pcm
(19)
£1,097 pcm
(6)
£1,994 pcm
(6)
All £424 pcm
(139)
£589 pcm
(122)
£756 pcm
(72)
£1,170 pcm
(53)
£1,648 pcm
(31)

Fun facts for PR1

Highest value in PR1
Highest value streets Zed-Index
Hill Road £502,677
Hollinhurst Avenue £453,607
Castle Walk £418,752
Round Wood £383,578
Penwortham Court £329,643
Highest turnover in PR1
Highest turnover streets Turnover
The Spinney 63.6%
Condor Way 62.5%
Crownlee 52.4%
Hollinhurst Avenue 50.0%
Linton Grove 50.0%

What Zoopla users think of Fulwood

Overall rating:

  • currently 4.5 stars
Very good - 92% (127 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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  • 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) (0.9 miles)
  • Lostock Hall (3.3 miles)
  • Bamber Bridge (3.5 miles)
  • Blackpool International Airport (13.2 miles)
  • Liverpool John Lennon Airport (30.8 miles)
  • Manchester International Airport (33.8 miles)
  • Knott End-On-Sea Ferry Landing (16.2 miles)
  • Fleetwood for Knott End Ferry Landing (16.4 miles)
  • Heysham Ferry Terminal (20.1 miles)

Nearby schools

View all schools in Preston
  • English Martyrs Catholic Primary School, Preston (0.2 miles)
  • Eldon Primary School (0.3 miles)
  • St Ignatius' Catholic Primary School (0.5 miles)
  • Preston College (1.0 mile)
  • Cardinal Newman College (1.1 miles)
  • Alston Hall College (4.9 miles)
  • Abrar Academy (0.0 miles)
  • Moorbrook School (0.5 miles)
  • Moor Park High School and Sixth Form (0.5 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
RAF Estates, KT9 on +44 20 3463 2705 * (local rate)

Monthly running costs Beta

£409 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,890
Repayment term 25
Interest rate 1.5
Your payment £212 /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) 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

What more do I get

Up to 9 smart home sensors

Included in the price of your cover

Home emergency assistance

Included in the price of your cover

Contents cover

£75,000 to Unlimited

Buildings cover

£750,000 to Unlimited

Energy

Gas £16 Electricity £25 Estimated energy cost £41/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 £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.

Contact RAF Estates 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 RAF Estates, and do not constitute property particulars. Please contact RAF Estates 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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