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Studio for sale

£66,800

Canterbury Hall - Garstang Road, Preston PR1

1
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Property description

Unit 1-02

Payment Plan

+ £5,000 Reservation fee
+ 50% Due on exchange of contracts
+ 25% Due on completion of the steel superstructure on site
+ 25% Due on completion (Q3,2018)

Investment Overview

Standing just metres from the campus of the uk's 8th largest university; the University of Central Lancashire (UCLan) studio apartments at this landmark new development provide purchasers with net rental returns of up to 10% for 5 years (excluding ground rent) and 4% interest on deposit.

+ net rental returns of up to 10% for 5 years (excluding ground rent) and 4% interest on deposit.
+ 125 Years leasehold
+ Preston has become one of the uk's leading locations for students.
+ Preston is home to the University of Central Lancashire (UCLan), with more than 30,000 students enrolled from 120 countries.
+ UCLan is the 8th largest university in the UK

Key Features

Canterbury Hall will provide contemporary and comfortable living, perfect for the city's large student population.

With a selection of 191 self-contained studios, the development offers fully furnished living with modern communal areas, such as roof top garden, cinema and gym.

Each apartment will be fitted with an ensuite shower room, a fridge with freezer box, a double hob with extractor fan and a combination microwave.

Students will also benefit from having their home furnished with a queensize bed, a dining table with two chairs, book cases, a study and tv stands, as well as access to super fast broadband.

+ 191 self-contained studios
+ Fully furnished with modern communal areas - roof top garden, cinema and gym
+ Ensuite shower room, fridge with freezer box, double hob with extractor fan and a combination microwave
+ Canterbury Hall is set to become a landmark student development in this popular student hub

Location

Canterbury Hall is located just a short distance from Preston's bustling city centre, ensuring that students are close to the city's many shopping, entertainment and leisure
venues & making this development the first choice for students and purchasers alike.

Contact us for more information on this development!

The happiest people don't have the best of everything, they make the best of everything they have.
Market activity
Average price paid £127,715 Sales 667 Current average value £129,102 (Zoopla Zed-Index) Value change £2,203 ▲ 1.74%

Property value data/graphs for PR1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £247,054 £192 3.6 £243,238
Semi-detached £151,806 £169 3.0 £155,013
Terraced £91,661 £122 2.8 £83,590
Flats £100,016 £159 1.9 £81,768

Current asking prices in PR1

Average: £122,695
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £83,490
(5)
£91,769
(163)
£135,189
(212)
£210,279
(48)
£230,544
(9)
Flats £73,563
(78)
£97,648
(67)
£177,843
(7)
£175,000
(2)
-
All £74,161
(83)
£93,482
(230)
£136,552
(219)
£208,868
(50)
£230,544
(9)

Current asking rents in PR1

Average: £1,027 pcm
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £340 pcm
(21)
£513 pcm
(43)
£669 pcm
(62)
£1,278 pcm
(64)
£1,868 pcm
(42)
Flats £408 pcm
(89)
£614 pcm
(55)
£1,115 pcm
(22)
£1,222 pcm
(16)
£1,875 pcm
(17)
All £395 pcm
(110)
£570 pcm
(98)
£786 pcm
(84)
£1,267 pcm
(80)
£1,870 pcm
(59)

Fun facts for PR1

Highest value in PR1
Highest value streets Zed-Index
Hill Road £498,087
Hollinhurst Avenue £450,235
Castle Walk £416,537
Round Wood £381,730
Penwortham Court £327,981
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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  • 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
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  • 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
Live Let Buy, SW6 on +44 20 8128 9868 * (local rate)

Monthly running costs Beta

£442 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,680
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) 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.

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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 Live Let Buy, and do not constitute property particulars. Please contact Live Let Buy 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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