Flat for sale in The Warehouse Apartments, Victoria Street, Preston PR1
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Flat for sale - 6 bedrooms
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- Fully Managed by Student FM
- Occupied for 18/19 Academic Year
- Furnished Student Accommodation
- On-site Concierge
- Communal Area's
- 8.6% gross yield
- 6 bedroom / 6 bathroom
- Investment Opportunity
Ideal opportunity for investors - A 6 bedroom student furnished apartment located in the sought after The Warehouse Apartments Development in the heart of Preston, offered with tenants currently in situ for the 18/19 academic year - excellent hands off investment opportunity!
Rental Income 18/19 academic year : £22,815 (£3802.50 per bed)
Management/Service Charge: (22.50%) £5133.38 per annum
Repair & Renewal Fund: £948.71 per annum
Letting Fee: £330.00 per annum (£55.00 per bed)
Ground Rent: Approx. £630 per annum
Representing a Gross Yield of 8.6% and a Net Yield of 6%
Just a few minutes’ walk from the main UCLan campus with its buzzing Student Union, these smart and modern apartments offer not just everything you’d need from your student accommodation in Preston, but everything you’d want.
The property on offer is a 6 bedroom apartment, each bedroom has its own bed/study area and en-suite. The hallway, open plan living space and kitchen are shared within the property. Allowing the students to have their own space and to socialise in the apartments living space or in the on-site communal areas.
Each bedroom has it's own desk, double bed with mattress, fitted furniture and en-suite in every bedroom. The living space provides ample seating, coffee table and fitted 32” TV. The kitchen is fully fitted with all appliances including a dishwasher. The on-site common area, located on the ground floor offer ample seating and includes a 50″ TV.
The development benefits from 24 hour security, high speed broadband in each room, on-site laundry facilities, well maintained communal areas, lift and stair access and also a friendly concierge service.
The development is managed by Student Facility Management and more information can be found via their website:
Contact Cherish Property to arrange a viewing appointment / request further information.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cherish Property, and do not constitute property particulars. Please contact Cherish Property for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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