Summary - Flat , Canterbury Halls, Garstang Road, Preston PR1 1AL
1 bed 1 bath Apartment
**Standout Features:**
- Auction starting bid: £40,000
- Prime location near UCLAN, ideal for student living
- Income potential: £150.38 per week, totaling £7,218.24 gross annually
- Contemporary studio design with essential amenities
- Access to communal facilities: gym, cinema room, rooftop terrace, and concierge
- Leasehold term: 125 years; annual ground rent and service charges apply
**Summary:**
Discover the perfect investment opportunity with this contemporary 1-bedroom studio apartment located in Canterbury Halls on Garstang Road, Preston. Designed specifically for students, the apartment features a bright and open-plan living space equipped with a double bed, Smart TV, fitted wardrobe, and study desk, ensuring a comfortable and functional environment. Income potential is strong, generating approximately £7,218.24 gross annually from a 48-week rental period.
Residents will benefit from outstanding communal amenities, including a resident-only gym, a cinema room, and a rooftop terrace, fostering a lifestyle of leisure and social engagement. Situated just minutes away from the University of Central Lancashire’s campus, this apartment is a prime choice for any aspiring landlord looking to tap into the thriving student rental market.
While the property does require tenants to be students and has associated service and ground rent charges—alongside some bidding fees in its auction format—this opportunity promises strong rental yield in a cosmopolitan student neighborhood. Viewing is highly recommended to fully appreciate its appeal; don't miss out on this promising investment!
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