North West Homes says ..

Property Oracle says ..

This studio apartment in Canterbury Halls, Preston, presents itself as a potentially attractive investment opportunity, especially for students or those seeking a low-maintenance lifestyle. The property’s proximity to the University of Central Lancashire, and other amenities including transport links makes it quite convenient. The modern and well maintained condition of the flat is evident from the photographs; which shows a clean and relatively newly renovated space with en-suite bathroom and kitchen facilities. The inclusion of built-in storage is a plus. The comparatively low price of £40,000 against similar property listings (all between £50,000-£67,000) could make it an appealing proposition. However, the absence of a private garden, being part of a student accommodation block (which can negatively affect resale) and uncertainty regarding the reported 5,783.45 sq ft size should be considered by prospective buyers. Further due diligence is recommended to confirm the quoted square footage, verify rental yields, and assess potential long-term property value in the context of the overall Preston 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. *

Images