1 bed flat

This investment property, located within walking distance of the University of Preston, offers a studio flat with approximately 22m2 of accommodation, including a kitchenette, living/bedroom space, and shower room. The property benefits from communal facilities such as a roof terrace, entertainment room, gym, garden courtyard, laundry room, quiet study room, and concierge desk. With a gross rental income of £7592 for the academic year 24/25, the property offers a gross yield of 10.8%. After deducting ground rent and service charge, the net income is £4214.20, resulting in a net yield of 6.02%.