Summary - CANTERBURY HALLS, 2, GARSTANG ROAD, PRESTON PR1 1AL
1 bed 1 bath Apartment
**Standout Features:**
- Chain-free, ideal for investors
- Located in the city center, walking distance from university campus
- Contemporary design, built in 2018
- Premium studio apartment with kitchenette and shower
- Access to communal amenities: cinema room, gym, rooftop terrace
- High rental demand, currently let through management company with income of £157 per week
- Net income potential over £5,000 per annum
- 125-year lease with manageable ground rent (£275 per annum) and service charge
This contemporary, chain-free studio apartment presents a prime investment opportunity in the heart of Preston's city center, specifically designed for the burgeoning student market. Built just five years ago, this premium accommodation features a well-appointed studio space with a personal kitchenette and shower room, catering perfectly to students' needs. Communal amenities such as a cinema room, gym, and rooftop terrace offer lifestyle advantages that enhance living experiences, appealing to tenants and ensuring a solid rental yield.
Currently let until September 2025, this property boasts an attractive rental income and is exclusively available for student occupancy. With excellent nearby amenities and a vibrant cosmopolitan neighborhood, this apartment offers both security and future growth potential. Highlighting its lower maintenance through the management company, this is an exceptional opportunity not to be missed—take advantage of a growing rental market with a property that combines comfort and convenience!
Studio apartment for sale in Canterbury Halls, 2 Garstang Road, Preston, Lancashire, PR1 — £60,000 • 1 bed • 1 bath
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