Summary - 42B Leighton Hall, Leighton Street PR1 8RH
1 bed 1 bath Flat
**Key Features:**
- 1-bedroom studio flat in a prime student location
- Excellent rental yield of approximately £7,200 annually
- Open-plan living space with modern design
- Convenient private residents parking
- Leasehold: 150 years remaining from 2005
- Low council tax band (A)
- Close proximity to UCLan and various amenities
Welcome to this desirable 1-bedroom studio apartment located on Leighton Street, a perfect investment opportunity for those looking to capitalize on the booming rental market near the University of Central Lancashire. With a gross income potential of around £7,200 per year, this flat boasts a spacious open-plan living area, modern finishes, and double glazing, ensuring comfort and convenience for the resident.
Although the overall size is compact at 270 square feet, the apartment's contemporary design maximizes the available space, making it an ideal retreat after a busy day. Enjoy the ease of private residents parking and a selection of local amenities within walking distance, including shops, bars, and leisure activities. This flat, however, does come with some downsides, such as very slow broadband speeds and a higher crime rate in the local area. Notably, the maintenance costs involve a ground rent of £200 plus 20% of yearly rent achieved, which is worth considering for potential investment returns.
Internal viewing is highly recommended to truly appreciate the unique benefits this property offers. Don’t miss out on this exceptional chance to secure a sound investment in a sought-after student neighborhood.
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