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Leighton Street, Preston PR1 6 bed apartment for sale
Leighton Street, Preston PR1
£130,000
Leighton Street, Preston PR1
£130,000
Our Summary
- Fully Let High-Yield Investment Opportunity
Description
This property, Unit B21, Leighton Hall, is a fully let, six-bedroom purpose-built student flat located just steps from the University of Lancashire, offering a robust income and strong long-term upside. The property is fully occupied for the 2025/2026 study year, with consistent demand from students, and benefits from its convenient location near the university, city amenities, and transport links. With a leasehold tenure of 130 years remaining, efficient ownership, and minimal management burden, this property delivers attractive yields of around 22%. The property's financial metrics include a gross rent of £28,800 per annum, service charge of £15,000 per annum, and net rent of £16,000 per annum, with a sale price of £130,000.