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