Summary - Leighton Hall, Leighton Street, Preston, PR1 PR1 8RH
1 bed 1 bath Apartment
Close to campus with steady rental income and communal amenities.
Purpose-built student flat with current tenancy and rental income £162/week
City-centre location, minutes from university and local shops
Self-contained unit: kitchen, shower room, bedroom/study with fitted furniture
Communal facilities: laundry, common room, supervised Wi‑Fi, on-site maintenance
On-site parking available at additional monthly/yearly cost
Area classed as deprived with very high local crime statistics
Tenure not stated—buyer to verify legal title and any service charges
Communal refurbishment planned for completion around September 2024
This purpose-built, self-contained one-bedroom apartment in Leighton Hall is configured for student occupation and sold with a current tenancy. It produces a stated rental income of £162 per week (51 weeks per year), offering predictable cashflow in a city-centre location close to the university and local amenities.
The flat includes an open-plan living/kitchen area with integrated appliances, a compact bedroom/study with built-in furniture, and a shower room. Residents benefit from communal facilities (laundry, common room with TV and pool table), on-site maintenance, fob access and superfast Wi‑Fi in rooms and shared areas—features that help sustain occupancy in the student market.
Notable considerations: the property sits in an area classed as deprived with very high crime statistics. Tenure is not confirmed in the provided information. On-site parking is available but charged separately. Communal refurbishment works are planned or underway for completion around September 2024, which may affect short-term access and costs.
This is a clear investor proposition: compact, low‑management student accommodation in a central, walkable location. The building’s communal offering and proximity to campus help maintain appeal to tenants, but purchasers should verify tenure, review safety and security records, and allow for potential management or refurbishment expenses.
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