Canterbury Hall Preston, Lancashire, England, United Kingdom Residential Property £66,800 | €76,221 | $89,628 Request a Currency Exchange Quote Here

Student accommodation comprising a total of 190 apartments. Offering a minimum of 8% assured income for 5 years. No stamp duty. 4% interest paid between exchange and completion. Fully managed income generating investment.

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Property Description ID:28350341

Canterbury Hall represents a lucrative investment in the student accommodation market in the growing and well-connected city of Preston.

 

International students are driving demand for high quality university accommodation in the UK. The pioneer in Preston is Canterbury Hall, just five minutes' walk from the main university campus, providing much-needed accommodation to the University of Central Lancashire, the eighth largest university in the country.

 

This year, there are 32,000 students enrolled on courses, but accommodation for only 2,200 students on campus, so accommodation is restricted to first-year students.

 

A £200 million investment by UCLan will comprehensively transform its Preston campus over the next 10 years, which is expected to drive a significant increase in the number of students seeking accommodation.

 

The standard of housing proposed at Canterbury Hall is higher than other accommodation in the city. Consisting of 190 larger-than-average studio apartments, the units will offer self-contained living so that each student will have an en-suite bathroom, queen size bed, study area and cooking facilities. The development also provides superfast Wi-Fi, a gym, roof garden, cinema, on-site management and its own gastro pub.

 

Canterbury Hall is due to complete in August 2018, with students able to move into the development for the September intake in 2018.

 

Invest from just £67,300, with no stamp duty to pay, and receive 9% NET assured rental income for 5 years. These payments are made quarterly and start when the unit is built.

 

This is a cash only investment. Secure a unit now with a £5,000 non-refundable reservation deposit. 

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Important Property Information

Available Units

Residential Property
  • GBP Price: £66,800
  • EUR Price: €76,221
  • USD Price: $89,628

Key Selling Points

  • Purpose-built student accommodation
  • 5 min walk from the university campus
  • Site provides a gym roof garden and cinema
  • Units available from just £67300
  • 9% NET yield for 5 years
  • Market analysis shows rents are sustainable
  • Pay no stamp duty
Mortgage Information
Investment Facts

Category : Student Accommodation

Cash requirement : £67,300

Income Yield: 8.00% Net Yield Guaranteed

Assured
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