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Studio for sale

£58,900 (£261/sq. ft) From

Garstang Road, Preston PR1

1 226 sq. ft*

Images may include optional upgrades at additional cost

Interested in this property? Call +44 20 8022 7495 * or

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

Property features

  • Communal garden
  • Roof terrace
  • Central heating
  • Double glazing
  • Porter/security
  • Fully equipped gym
  • Cinema room
  • Communal lounge and games room
  • Lift access

Property description

Cash only - investors only!



Introducing 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.

The four storey development comprises a total of 190 apartments. The demand characteristics exhibited by students has changed over recent years and many, especially those from overseas, no longer wish to live in converted houses. They now require bespoke, purpose-built accommodation which lies close to the educational hub.

With ever-increasing numbers of undergraduates, purpose-built student properties have become a mainstream global asset class which provides investors with a safe investment and minimal risk.
Market activity
Average price paid £127,715 Sales 667 Current average value £129,178 (Zoopla Zed-Index) Value change £2,203 ▲ 1.73%

Property value data/graphs for PR1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £247,039 £193 3.6 £243,238
Semi-detached £151,957 £169 3.0 £155,013
Terraced £91,722 £121 2.8 £83,590
Flats £100,086 £159 1.9 £81,768

Current asking prices in PR1

Average: £122,547
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £81,990
(5)
£91,120
(162)
£136,561
(210)
£215,744
(45)
£230,544
(9)
Flats £73,192
(80)
£97,388
(68)
£177,843
(7)
£175,000
(2)
-
All £73,710
(85)
£92,973
(230)
£137,892
(217)
£214,011
(47)
£230,544
(9)

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 £359 pcm
(24)
£511 pcm
(47)
£681 pcm
(62)
£1,246 pcm
(58)
£1,869 pcm
(37)
Flats £411 pcm
(98)
£623 pcm
(54)
£1,078 pcm
(23)
£1,341 pcm
(28)
£1,848 pcm
(22)
All £401 pcm
(122)
£571 pcm
(101)
£788 pcm
(85)
£1,277 pcm
(86)
£1,861 pcm
(59)

Fun facts for PR1

Highest value in PR1
Highest value streets Zed-Index
Hill Road £498,410
Hollinhurst Avenue £450,521
Castle Walk £416,792
Round Wood £381,952
Penwortham Court £328,145
Highest turnover in PR1
Highest turnover streets Turnover
Condor Way 62.5%
Linton Grove 56.2%
Crownlee 54.8%
The Spinney 54.5%
Hollinhurst Avenue 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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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Flambard Williams, CM2 on +44 20 8022 7495 * (local rate)

Monthly running costs Beta

£414 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

Energy

Gas £20 Electricity £26 Estimated energy cost £46/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 Flambard Williams 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 Flambard Williams, and do not constitute property particulars. Please contact Flambard Williams 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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