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Property Listing Details

Studio for sale

Garstang Rd, Preston PR1

  • New home
From

£67,300

(£298/sq. ft)

Features

  • 1 bathroom
  • 1 reception room
  • floor area226 sq. ft
  • Studio Apartments
  • From £58,900
  • 8% Net Yield
  • Guaranteed For 5 Years
  • 4% Interest On Deposited Funds
  • No Stamp Duty
  • 5min Walk From Campus
  • Completion Aug 2018
  • Roof Top Garden, Gym, Study Rooms, Cinema, and Superfast wifi
  • Cash Buyers Only

Description

Interest on deposited funds N June only We would like to introduce 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 demand characteristics exhibited by students has changed over recent years – 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, purposebuilt student properties have become a mainstream global asset class which provides investors with a safe investment and minimal risk.

In the UK, 19% of all university students are from overseas, and it has been predicted that by 2020 there will be 30,000 more international students flocking to the UK to study. This increasingly international population which is developing in the UK makes room for savvy investors who are wanting to capitalise on the student property market. Overseas students, who on average require accommodation for 51 weeks in a year and expect a higher standard of living, are now acting like general housing consumers, opting to go for the best quality they can get at a reasonable price, not just the cheapest property on offer.

University cities such as Preston will be at the forefront of the increase in international student numbers thanks in part to the high world ranking of UCLan and to the attractions of the location itself. The recent injection of capital through the Preston and Lancashire City Deal will boost the local economy creating employment opportunities for postgraduates.

Floorplan

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Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • English Martyrs Catholic Primary School, Preston 0.2 miles
  • Eldon Primary School 0.3 miles
  • Preston (Lancs) 0.9 miles
  • Lostock Hall 3.3 miles

Price history

Sold prices provided by Land Registry
12th Feb 2018 £67,300 Price increased by £8,400
7th Jun 2017 £58,900 First listed

Running costs

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Property descriptions and related information displayed on this page are marketing materials provided by Cloud Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cloud Homes for full details and further information.