Summary - Flat 9, Canterbury Halls, 2 Garstang Road PR1 1AL
1 bed 1 bath Studio
Low-cost studio with immediate rental income in a purpose-built student block..
Ground-floor student studio with kitchenette and shower room
Let for 51 weeks, income £7,446 pa until Aug 2026
Sold at auction 29/10/2025 — sales are legally binding
Leasehold with c.118 years remaining — check lease for reviews
Communal roof terrace, gym, cinema room and launderette included
EPC C, double glazing, electric room heaters (higher running costs)
Fully managed building; service charge details in legal pack
High-crime, deprived student neighbourhood — suitability risk for some buyers
A ground-floor studio in Canterbury Halls, offered at auction with a guide price of £38,000, sits within a purpose-built student block close to Preston city centre and the university. The room is let on a 51-week letting producing £7,446 per annum until August 2026, presenting immediate rental income for an investor buyer. The building is fully managed and benefits from communal facilities including a roof terrace, gym, cinema room, launderette and a residents’ lounge.
Practical details: the flat has double glazing, an EPC rating of C, and electric room heaters (no communal gas). The lease is long (118 years remaining) but ground rent and service charge review periods should be checked in the legal pack before bidding. The sale will be by auction on 29 October 2025 with a 10% deposit (minimum £5,000) and a non-refundable buyer’s fee of £1,500 payable on sale.
Notable drawbacks are the building’s student-focused location in a high-crime, deprived area and reliance on electric heating, which can mean higher running costs and management considerations. Broadband is average but mobile signal is excellent. Prospective buyers should inspect the legal pack and confirm tenancy details and service charges before bidding, as auction sales are binding.
1 bedroom apartment for sale in Flat , Canterbury Halls, Garstang Road, Preston, PR1 — £45,000 • 1 bed • 1 bath
1 bedroom apartment for sale in 2 Garstang Road, Deepdale, preston, lancashire, PR1 1AL, PR1 — £40,000 • 1 bed • 1 bath
Studio flat for sale in Garstang Road, Preston, Lancashire, PR1 1AL, PR1 — £40,000 • 1 bed • 1 bath
1 bedroom apartment for sale in Flat , Canterbury Halls, Garstang Road, Preston, PR1 — £40,000 • 1 bed • 1 bath • 619 ft²
Studio flat for sale in Garstang Road, Preston, PR1 — £70,000 • 1 bed • 1 bath
Studio flat for sale in Garstang Road, Preston, PR1 — £60,000 • 1 bed • 1 bath
