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1 bed triplex for sale

£57,995 (£483/sq. ft) Fixed price

Leighton Street, Preston PR1

1 1 120 sq. ft*
Interested in this property? Call +44 1254 789932 * or

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

Property features

  • 7% assured net rental returns for 5 years
  • Safe & secure Exit Strategy after 5 years
  • Investment allowing income from day one
  • Fully Completed & Tenanted

Property description

Leighton Hall is a fantastic new student accommodation located in Preston in Greater Manchester. With a population of 40,000 students, Preston provides extraordinary demand for student accommodation and this is where Leigh Hall plays a significant role. Within walking distance to both University of Central Lancashire and Preston City Centre, Leighton Hall offers modern and luxury living for students in the city. Unlike other university owned halls, Leighton Hall offers a wide variety facilities ranging from social/ leisure rooms to its very own gaming room. Due to the high demand, Daniel Johns is offering a rental assurance for the owners for the first 5 years. Due to the high rental yield, Preston has been pronounced as one of the top cities in the UK to invest and, as a result, has been the location choice of many large institutions and investment funds. With Leighton Hall, individual investors are too provided with an opportunity to benefit from the same returns.

Investment Highlights
• 7% assured net rental returns for 5 years
• Safe & secure Exit Strategy after 5 years
• Investment allowing income from day one
• Rental income is secured by the UK insurance

Built & Occupied, fully-furnished, with private bathrooms, communal lounges, games room, post room, modern kitchen & study areas. On campus to uclan, Leigh Hall is also protected by 24 hour CCTV and electronic entry system for complete peace of mind. This the perfect accommodation for any undergraduate, postgraduate or International student.

Key Features
• High speed broadband throughout the building
• Great central location
• On-site management
• On-site laundry
• Internal lift
• Lounge area in kitchen
• Bike storage with CCTV
• Communal game area

Bedroom / Living Room
• Single, Double and Triple bedrooms
• Fully fitted bathroom with every room
• High quality durable furniture, including bed, wardrobe, table and chair
• Free high–speed broadband
• Modern lighting

Other Facilities
• Fully fitted kitchen, with fully integrated appliances including microwave, fridge freezer, kettle and toaster
• Table and chairs
• Games room fully equipped with video games and game tables

Students living at Leighton Hall enjoy excellent student accommodation facilities as well as an enviable location. Close to some of the main University of Central Lancashire (uclan) buildings – including the Student's Union and library – students roll out of bed and into lectures. Leighton Hall is also within walking distance of Preston city centre, so students have access to everything they need right on their doorstep.

What’s near by?
• Universities & Colleges
• Sports & Leisure Centres
• Restaurants and Takeaways
• Theatres & Cinemas
• Outdoor Sports Centres
• Green Parks
• Swimming & Climbing

Step 1: Purchaser selects their chosen en-suite
Step 2: 10% Reservation fee with booking form
Step 3: 50% Value of purchase price on exchange of contract (within 14 days)
Step 4: Balance upon completion (usually within 4 weeks from booking)
Step 5: Start receiving income
Market activity
Average price paid £129,716 Sales 642 Current average value £131,966 (Zoopla Zed-Index) Value change £6,155 ▲ 4.89%

Property value data/graphs for PR1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £255,530 £198 3.6 £231,344
Semi-detached £154,366 £173 3.0 £160,478
Terraced £93,062 £123 2.8 £87,299
Flats £102,928 £168 1.9 £83,200

Current asking prices in PR1

Average: £123,738
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £89,975
(6)
£92,919
(157)
£134,450
(217)
£254,112
(44)
£285,544
(9)
Flats £73,961
(68)
£98,800
(66)
£199,983
(6)
£170,000
(1)
-
All £75,259
(74)
£94,660
(223)
£136,214
(223)
£252,243
(45)
£285,544
(9)

Current asking rents in PR1

Average: £995 pcm
Avg. current asking prices in PR1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £464 pcm
(26)
£520 pcm
(54)
£696 pcm
(71)
£1,248 pcm
(62)
£1,792 pcm
(32)
Flats £465 pcm
(140)
£638 pcm
(74)
£1,038 pcm
(31)
£1,387 pcm
(28)
£1,972 pcm
(29)
All £465 pcm
(166)
£589 pcm
(128)
£800 pcm
(102)
£1,291 pcm
(90)
£1,878 pcm
(61)

Fun facts for PR1

Highest value in PR1
Highest value streets Zed-Index
Hill Road £515,251
Hollinhurst Avenue £465,954
Castle Walk £432,738
Round Wood £395,453
Penwortham Court £339,835
Highest turnover in PR1
Highest turnover streets Turnover
Condor Way 62.5%
Linton Grove 56.2%
The Spinney 54.5%
Crownlee 50.0%
Hollinhurst Avenue 50.0%

What Zoopla users think of Preston

Overall rating:

  • currently 3.5 stars
Good - 72% (83 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:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

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) (0.4 miles)
  • Lostock Hall (2.8 miles)
  • Bamber Bridge (3.2 miles)
  • Blackpool International Airport (13.0 miles)
  • Liverpool John Lennon Airport (30.2 miles)
  • Manchester International Airport (33.4 miles)
  • Knott End-On-Sea Ferry Landing (16.4 miles)
  • Fleetwood for Knott End Ferry Landing (16.6 miles)
  • Heysham Ferry Terminal (20.5 miles)

Nearby schools

View all schools in Preston
  • English Martyrs Catholic Primary School, Preston (0.4 miles)
  • St Ignatius' Catholic Primary School (0.6 miles)
  • Imam Muhammad Zakariya School (0.6 miles)
  • Cardinal Newman College (1.0 mile)
  • Preston College (1.6 miles)
  • Alston Hall College (5.4 miles)
  • Mountwood Academy (0.5 miles)
  • Abrar Academy (0.6 miles)
  • Cedar Lodge (0.7 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
Links Investment Property Network, BB3 on +44 1254 789932 * (local rate)

Monthly running costs Beta

£408 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,799
Repayment term 25
Interest rate 1.5
Your payment £208 /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.

Contact Links Investment Property Network 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 Links Investment Property Network, and do not constitute property particulars. Please contact Links Investment Property Network 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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