* Attention Investors* REDUCED -£20,000 Gross income of 24% and a NET of 8%. A great opportunity to invest in the ever-expanding UCLAN student market. Close to a plethora of bars, restaurants and other leisure amenities, this studio/study apartment offers a great way to enter this market for the buy-to-let investor.
Jubillee Court is a perfect location for students seeking a vibrant City centre location, with secure STUDENT only accommodation. This well-maintained study/studio apartment has all the things a student requires as a base and offers a communal area for cooking/dining and TV viewing. Study, sleep and wash in your own private area.
Further shared facilities include a laundry room, cinema room and games room (pool tables etc).
* The current vendor is part of a pool scheme, offering landlords the protection of an assured income should the apartment be unoccupied (based on purchase value of the apartment) from the pool of income generated in the block, subject to lettings expenses.
The apartment achieves a weekly rental amount of £100.
Gross income of 24% and a NET of 8%.
The apartment MUST be rented to a STUDENT.
This is a leasehold property.
Annual ground rent - £582 approx.
Service charge - £2579 approx.
Please contact Kingswood.
City Office:
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11 Lune St, Preston, PR1 2NL
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Disclaimer:
These particulars, whilst believed to be correct, do not form any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements quoted are approximate. Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Kingswood Sales & Lettings - Head Office. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kingswood Sales & Lettings - Head Office for full details and further information.