£110,000
Est. Mortgage £502 per month*
6 bedroom property for sale
Lancashire, PR1 8RH
property 
6 bedrooms Property description
*For sale via secure sale online bidding: terms and conditions apply.*
We are pleased to offer to auction this six-bedroom student pod investment - producing gross rental income of £23,920
This modern, fully furnished six-bedroom student pod is part of a four-storey, purpose-built accommodation located right next to the University of Central Lancashire (UCLan) campus. Situated in Leighton Hall, in the heart of Preston's city centre and just a five-minute walk from UCLan, it offers an ideal location for students to immerse themselves in university life.
The unit spans approximately 112.02 sq m (1,203 sq ft), with rent set at £99 per week per bedroom, inclusive of all utilities except for the TV licence.
The property is 'fractionally owned,' meaning each owner shares the costs and income generated equally, even if some rooms are vacant. Currently, the occupancy rate for Leighton Hall is 85%, ensuring each owner receives a proportional share of the rental income. The flat is presently let to four tenants, with two vacant rooms expected to be occupied by the end of the month.
Please note we have not inspected this property.
We are pleased to offer to auction this six-bedroom student pod investment - producing gross rental income of £23,920
This modern, fully furnished six-bedroom student pod is part of a four-storey, purpose-built accommodation located right next to the University of Central Lancashire (UCLan) campus. Situated in Leighton Hall, in the heart of Preston's city centre and just a five-minute walk from UCLan, it offers an ideal location for students to immerse themselves in university life.
The unit spans approximately 112.02 sq m (1,203 sq ft), with rent set at £99 per week per bedroom, inclusive of all utilities except for the TV licence.
The property is 'fractionally owned,' meaning each owner shares the costs and income generated equally, even if some rooms are vacant. Currently, the occupancy rate for Leighton Hall is 85%, ensuring each owner receives a proportional share of the rental income. The flat is presently let to four tenants, with two vacant rooms expected to be occupied by the end of the month.
Please note we have not inspected this property.
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First listed
Over a month agoLancashire, PR1 8RH
Marketed by
Pattinson - Commercial 2 Hill Street, Gateshead Tyne and Wear NE8 2ASCall agent on 0191 392 0913
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Monthly repayment
£502
We think you can borrowAdd your household income
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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.
Lancashire, PR1 8RH - Streetview
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