1 bedroom apartment for sale

>

1 bedroom apartment for sale

Flat , Canterbury Halls, Garstang Road, Preston
£40,000

Our Summary

  • Auctioneers Additional CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'
  • This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent
  • The property is being sold via a transparent online auction

Description

Canterbury Halls is a newly developed student accommodation located in the heart of Preston, just minutes away from the University of Central Lancashire and the Students' Union bar. The apartment features a study bedroom with its own kitchen and shower room, and generates an income of £150-£160 per week. The property is a contemporary studio apartment in a block built a few years ago, offering access to communal facilities such as a reception/atrium, cinema room, gym, garden area, rooftop terrace, concierge service desk, smart laundry service, and cycle store. The apartment must be rented to a student, and the leasehold term is 125 years with an annual ground rent of £3,300 and a service charge estimated at 30% of the rental income. Viewing is highly recommended to appreciate the property.