Canterbury Halls, 2 Garstang Road, Preston PR1 1AL
YI

Canterbury Halls, 2 Garstang Road, Preston PR1 1AL

By yieldit

£ 50,000

Reviews

2 out of 5 stars

yieldit says ..

ATTENTION INVESTORS – HANDS OFF INVESTMENT YIELDING ABOVE 9% NET! Luxury purpose built student accommodation close to the UCLan campus in Preston, enquire today to avoid disappointment.

Property Oracle says ..

This listing presents a studio apartment located within Canterbury Halls, a purpose-built student accommodation complex in Preston. Its prime location near the University of Central Lancashire is a major selling point, making it particularly attractive to students and investors seeking high rental yields. The photos reveal a modern and functional studio unit equipped with an en-suite, kitchenette, and study area. While the photos also show that the property appears to be furnished, and is not in pristine condition, the modern facilities and location compensate for this slightly. The building itself offers additional amenities such as communal spaces, a gym and a roof terrace, enhancing the overall appeal. The lack of square footage information and plot size information limits a complete analysis, however, the consistent pricing of other nearby units suggests a reasonable price point for investors. The absence of bedrooms and the small size of the studio could present some constraints for certain buyers, but the strong location and rental income potential counter this to a certain degree. Overall, the property appears to be a suitable option for investment, especially for those targeting the student rental market.

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

Price
7
Condition
7
Location
8
Land
1
Bedrooms
0
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
45,000.00 £
Decreased by 65.05 %
from 128,748.00 £
Average area rental value
833.00 £/mo
Increased by 14.27 %
from 729.00 £/mo
Est rental Yield
22.21 %
Increased by 227.10 %
from 6.79 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • yieldit marked this listing as sold.

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
Abrar AcademyOther Independent School0.14 KM
English Martyrs Catholic Primary School, PrestonVoluntary Aided SchoolGood0.36 KM
Eldon Primary SchoolCommunity SchoolOutstanding0.74 KM
University Of Central LancashireHigher Education InstitutionsGood0.91 KM
St Ignatius' Catholic Primary SchoolVoluntary Aided SchoolRequires improvement0.99 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
English Martyrs' Place £ 000.00 KM
Cambridge Walk £ 000.00 KM
Elliott Walk £ 000.00 KM
Warwick Street £ 180,00000.00 KM
Hawkins Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Preston (Lancs)2753PRE1.41 KM
Lostock Hall2689LOH5.30 KM
Bamber Bridge2561BMB6.71 KM
Leyland2710LEY8.02 KM

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11 Kenmure Place £ 85,0000.10 KM
1 Kenmure Place £ 81,0000.10 KM
13 Kenmure Place £ 31,0000.10 KM