Property description
Leighton Hall, Preston, 7% Net Rental Returns Assured for 5 Years
Leighton Hall stands on the University of Central Lancashire Campus, accommodating students in a mixture of en-suites and studios. Leighton Hall has been operational for 10 years and was voted \"Most loved facility\" by UCLan's 33,000 students and plans for a fresh summer 2016 refurbishment. The facility is managed by one of the premier operators of student accommodation in the UK with a proven track record and represents a great investment opportunity.
Investment Opportunity
- En-suite rooms for £41,640
- Studios for £74,000
- 7% NET rental return
- 5 year rental assurance Operational purpose built student accommodation
- 99.3% occupancy over 10-years
- Fully tenanted for 2015/16
- On the University of Central Lancashire Campus
- Fully managed by specialist national operator
- 140-year lease
- Refurbishment planned for summer 2016 included in price
- Income paid quarterly in arrears
- £4,000 to reserve
Property Specifications
- Purpose built student accommodation (PBSA)
- Operational for 10-years
- Voted \"Most loved facility\" by UCLan's 33,000 students
- Located south of the University of Central Lancashire's City Campus
- En-suite rooms 12m²
- Studio apartments 26m²
- Communal kitchen/lounge for each cluster flat of 5-6 rooms
- Mixture of studios and en-suites rooms
- Refurbishment planned for summer 2016 & included within the purchase price
- High speed Wi-Fi connection
Property Features :
- Prime Student Investment
- 7% Net Returns Assured for 5 Years
- Mixture of En Suite & Studio Rooms Starting at £41,640
- Operational for the Last 10 Years
- 99.3% Occupancy Since Launch