yieldit says ..

Property Oracle says ..

This listing presents a studio apartment located within Canterbury Halls, a purpose-built student accommodation complex in Preston. Its proximity to UCLan is a key selling point, making it ideal for students seeking accommodation near the university. The property itself includes a studio space with an en-suite bathroom and a small kitchenette. The provided images show a relatively modern space but also highlight that the property needs a thorough clean and tidying before it would be presentable for tenants. While the internal condition is fair, the lack of information regarding the precise square footage makes it difficult to accurately assess the value per square foot. The price aligns with similar student properties in the area but could be considered slightly high if square footage were found to be small. The property’s investment potential is highlighted by the estate agent, emphasizing the high yield potential for investors targeting the student rental market. This could be a beneficial investment, particularly for those seeking hands-off rental income, however potential buyers should conduct their own thorough due diligence before making an offer. The lack of external space and no information of parking is also a significant downside.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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