Leighton Hall, Leighton St, Preston, Lancashire, PR1 8RH
£41,640
En-Suite & Studio Apartments
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7% Net rental yield
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5 Year rental guarantee
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99.3% occupancy achieved for the last 10 years
REQUEST FREE BROCHURE
OVERVIEW
Leighton Hall is located in the south part of the University of Central Lancashire’s City Campus (UCLan), and across the street from many of the main buildings and lecture halls. It's perfectly positioned to provide the student residents with sought after modern, affordable, and well-managed purpose built accommodation.
The building is fully operational, with studios and en suite rooms currently tenanted for the 2015/2016 year, as they have been for the last ten years.
Prices start from £41,640 for 140 year leaseholds, with rental yields of 7% net assured for five years starting immediately. These are paid quarterly in arrears and projected to increase, making this a very unique opportunity which is expected to receive a vast amount of interest.
This development is ideal for investors looking for something with a proven track record, secure, which is already built and fully tenanted.
KEY FEATURES
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7% Net rental yield guaranteed for 5 years
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Fantastic University location
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140 year lease
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99.3% Occupancy achieved for the last 10 years
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Highly experienced management company in place
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One of the most secure investments on the market
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Very low entry level price
Exterior |
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Lounge kitchen |
kitchen diner |
kitchen diner |
lounge area |
Studio apartments |
Studio apartments |
Studio apartments |
PAYMENT PLAN
Step 1: £500 Reservation fee
Step 2: £4,000 Reservation deposit
Step 3: 25% of the unit price payable on exchange of contracts (Approximately 28 days)
Step 4: Remaining 75% due on contractual completion