Kingswood says ..

Property Oracle says ..

This studio apartment is located in Canterbury Halls, a purpose-built student accommodation complex in Preston, Lancashire. The property features modern finishes and comprises a compact living space with an integrated kitchen and en-suite shower room. The images show a contemporary design and well-maintained facilities. The property’s location near Preston University is a significant advantage, appealing to students and investors looking for rental income. The complex offers shared amenities such as communal kitchens, a rooftop terrace, and study areas, enhancing the appeal to tenants. However, the lack of private outdoor space and the small size of the unit are notable drawbacks. The list price of £60,000 should be analyzed in the context of the local market and comparative properties, and the overall size of the property should be evaluated against its asking price. While the property’s close proximity to the university makes it a potentially strong rental investment, the limited information on rental yields and local market rates makes a comprehensive assessment of the investment’s potential challenging.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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