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1 bedroom flat for sale
Leighton Street, Preston
£49,950
Leighton Street, Preston
£49,950
Our Summary
- The building is fully operational and with studios generating a gross income of approx £7200 per annum, based on 48 weeks paid quarterly, this would provide an excellent investment opportunity
- Internal Viewing Recommended to Appreciate Investment Opportunity
Description
Leighton Hall is a modern, purpose-built student accommodation located near the University of Central Lancashire city campus, offering a convenient and affordable living option for students. The property is fully operational and generates a gross income of approximately £7,200 per annum, making it an excellent investment opportunity. The building features studios with a mix of bedroom and kitchen areas, and comes with a 150-year lease from 2005, with ground rent, maintenance, and service charges of £200 plus 20% of the yearly rent achieved. Additionally, the property is located in Council Tax Band A.