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For Sale 1 Bedroom 1 Bathroom 1 Reception From £60,375

Sizer Street, Preston, PR1 - From £60,375

  • Investment Opportunity
  • Purpose Built Student Accomodation From £60,375
  • 8% Yield ROI
  • University of Central Lancaster (UCLan) location
  • Upmarket stylish Studios

Innovation House | Purpose Built Student Accomodation

Nu:Move is proud to present Innovation House, a stunning brand-new investment opportunity located adjacent to the UCLan university campus in the centre of Preston. Innovation House is the perfect solution for students looking for independent living in a student environment. This is a fantastic investment opportunity boasting an assured yield of 8% ROI per annum. Completion in August 2018.

The four storey development comprises a total of 218 self-contained studios across two separate buildings. The development is the first all-studio student accommodation in Preston.

Preston is a medium-sized city and the administrative centre of Lancashire, a county with a £25.5 billion economy that supports nearly 650,000 jobs. Equipped with a competitive cost base and good location near to Manchester and Liverpool. Preston is the engine room of Lancashire's economy and one of the largest local economies in the North of the UK. The region is important to the country's agricultural, nuclear and advanced manufacturing sectors, with leading local employers including University of Central Lancaster (UCLan).

Availability:

* Standard Studio - £60,375

* Deluxe Studio - £66,750

Payment Plan:

* Reservation Deposit: £5,000

* Exchange Deposit: £25,187.50

* Stage Payment: £15,039.75

* Completion Payment: £11,446.09 ...Read Less

The Stamp Duty for this property would be £0    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 0
Above 250,000 and up to 925,000 5 £0
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

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