Overview
Offering an exceptional opportunity to invest in an off-plan development at the heart of the thriving student city of Preston. This purpose built student accommodation will cater to students from both the UK and abroad and is set to become a landmark student development in this popular student hub.
Standing just metres from the campus of the UK’s 8th largest university – the University of Central Lancashire (UCLan) – studio apartments are for sale offering buyers an annual NET rental return of up to 10% for 5 years (excluding ground rent) and 4% interest on deposit.
Priced from just £58,950, the development offers high specification apartments, with roof terrace, cinema room and gym, are set to capitalise on Preston’s vast population of 30,000 students from over 120 countries studying in this thriving student city.
Preston is home to the University of Central Lancashire (UCLan), with more than 30,000 students enrolled from 120 countries.
The 8th largest university in the UK, UCLan is set to undergo extensive investment over the course of the next decade, with a further £200 million of campus improvements due to be made including a brand new Students Union building and the £30m Engineering Innovation Centre (EIC).
Accounting for more than 20% of Preston’s total population, students in the city are a valued part of the local economy, helping to shape its current success.
UCLan’s diverse and innovative range of courses, with around 500 undergraduate and 200 postgraduate study options, attracts students from around the world. However, with just 2,200 beds provided by the university, there is a high demand for student accommodation as Preston’s popularity as a student city continues to grow.
Where is the property located?
Canterbury Hall, Garstang Road, Preston, PR1 1NA
What’s Nearby?
- University of Central Lancashire Students Union – 0.49 miles
- University of Central Lancashire Lecture Halls– 0.6 miles
- St. George’s Shopping Centre – 0.8 miles
- Fishergate Shopping Centre– 0.9 miles
- Preston Train Station – 1.06 miles
- Manchester– 27.59 miles
- Liverpool – 27.77 miles
- Blackpool – 14.60 miles