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Canterbury Halls

Preston, United Kingdom

Investment Type: STUDENT

Est. Completion: COMPLETED

Premium Studio

£70,000.00

Studio 4.07

£70,000.00

  • Less than 5 mins walk to university
  • Fully managed by experienced management company
  • Hugely popular with local students
  • Large rental increase for 2024-25 confirmed
Purchase Process

Studio 124 - Financial Breakdown

  • Purchase Price: £70,000 (22sqm)
  • Ground Rent: £275 per annum (245 years)
  • 51 weeks AST until 31st August 2024
  • 2023-24 weekly rental - £137 per week
  • 2024-25 weekly rental - £157 per week
  • Project net income (23-24) - £4,376.00 

Canterbury Halls - Overview

Perfectly located just a 5 minute walk from the University of Preston, Canterbury Halls offers students high specification accommodation in close proximity to the university. Fully managed by a leading student property management company, Canterbury Halls was originally opened to students just over three years and in recent times has consolidated its position as one of Preston's most popular student developments.

Canterbury Halls offers students a wide range of 190 student units, ranging from popular Classic Studio (21 sqm) which rents out at £130.00 per week, up to the luxurious Ultimate Plus studio (29sqm) which rents out for £175.00 per week.

Canterbury Halls, Preston - Investment Highlights
Assured net rental income (£5,770 per annum) up to June 2023
Perfectly located, less than 5 minutes walk to the main university campus
Fully managed by experienced student management company
Wide range of spacious, high specification student units
New development - completed in August 2018

Canterbury Halls - Unit Specification
Double bed in every room
43" smart TV
High speed broadband throughout
Ensuite bathroom
Bespoke kitchenettes with modern appliances
Spacious wardrobe
Work desk and chair
Superfast WiFi
Communal roof top garden
Gymnasium
24 Hour CCTV to communal areas
Study/Meeting Room
Cinema room
Laundry facilities
5 minute walk to UCLAN Campus
0.5 miles to City Centre
1 mile to Train Station

Canterbury Halls - Payment Process
Complete a reservation from to secure the unit
Pay a £2,000 non-refundable reservation fee
Solicitors instructed
Balance due on completion (less reservation fee paid)

Canterbury Halls - Key Points

Location

Location

Preston, United Kingdom

Price

Price

£70,000.00

Video - Canterbury Halls

Development Availability

PropertySizeBedroomsPriceEnquire
Premium Studio--£70,000.00Enquire
Studio 4.0722.00 square metres-£70,000.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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