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For Sale 1 Bedroom 1 Bathroom 1 Reception From £59,900

Garstang Road, Preston, PR1 - From £59,900

  • BUY-TO-LET INVESTMENT OPPORTUNITY
  • Student Accommodation from £59,900
  • Assured net rental yields of 8% assured for 5 years (less GR 7.6%)
  • Fully Managed
  • 125 year lease

CANTERBURY HOUSE | STUDENT ACCOMMODATION - STUDIO

* Prime location 5 storey new build student development

* 5 min walk to UCLAN, next to pub, cinema, 10min walk to town centre

* Medium/High Specification – suited to the Preston student sector

* Roof top garden, cinema room, study room, gym, lounge/games room

* Assured net rental yields of 8% assured for 5 years (less GR 7.6%)

* Interest of 4% paid from exchange through to completion deducted from completion certificate

* Ground Rent: £275 per annum (5 years rpi)

* Service Charge: included in the management charge and net yield (approx 22%) (student ranges from 20-25%)

* Fully Managed/Hands Off investment by SFM (student facilities Management)

* 125 year lease

* CRL 10 year warranty

SPECIFICATION

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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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