Canterbury Hall Student Studios, Preston - 10% for 5 years

Investment Summary

 Location:

Standing just meters from the campus of the UK’s 8th largest university – the University of Central Lancashire (UCLan) – studio apartments at this landmark new development provide purchasers with NET rental returns of up to 10% and a 5-year rental assurance.  Canterbury Hall will provide
contemporary and comfortable living, perfect for the city’s large student
population.

 

 The University of Central Lancashire (UCLan)

 

With more than 30,000 students enrolled, Preston’s academic body accounts for more than 20% of the city’s entire population, attracting students from more than 120 countries around the world. These high specification apartments are located just a short distance from Preston’s bustling city center, ensuring that students are close to the city’s many shopping, entertainment and leisure venues – making Canterbury Hall the first choice for students and purchasers alike. One of the North West’s largest cities and the administrative center of Lancashire, Preston has become one of the UK’s leading locations for students.
Ranked above London, Manchester and Cardiff in PWC’s Good Growth for Cities Index 2016, this modern and diverse city stands at the center of the county’s growing economy, worth £25 million and sustaining nearly 650,000 jobs.


 Investment Overview
 

Canterbury Hall is an exceptional opportunity to invest in an off-plan development at the heart of the thriving student city of Preston.

Providing a high standard of living for students from the UK and abroad, Canterbury Hall is set to become a landmark student development in
this popular student hub.

 

With a selection of 191 self-contained studios, the development offers fully furnished living with modern communal areas, such as roof top garden, cinema and gym. Each apartment will be fitted with an en suite
shower room, a fridge with freezer box, a double hob with extractor fan and a combination microwave. Students will also benefit from having their home furnished with a queen size bed, a dining table with two chairs, book cases, a study and TV stands, as well as access to super fast broadband.

 The Developer

Fraser Morgan and Sunglen Property’s expertise, commitment and attention to detail ensure that they deliver outstanding, high quality investments to property investors with the aim of producing
excellent returns. Integrity is the cornerstone of Fraser Morgan
and Sunglen Property’s approach, and their professionalism and dedication is paramount when bringing a new development to the marketplace, providing an outstanding product for both purchaser and tenant, time and again.

 

 Project Highlights

  • Up to 10% NET Rental Return*

  • 5 Years Rental Assurance

  • 4% Interest on Deposit

  • 191 Self-Contained Studios

  • Studio Apartments from £58,900

  • Completion Scheduled for Q3 2018

  • 125-Year Leasehold

 

 Payment structure:

 

£5,000 Reservation fee

50% balance of deposit on exchange within 28 days.


A further 25% of the purchase price is paid upon the
completion of the steel superstructure on site.


The remaining 25% of the purchase price (less
interest) is paid, the purchase is completed and Title
Deeds registered with the UK Land Registry.

 Next Step?

 

For detailed information on this investment please contact us by filling out the form below or calling us +44 (0)203 432 5474 We can send you:​

  • Brochure

  • Availability

  • Floor plans

  • Draft contracts

  • If you wish to reserve online please request the reservation form.

  • Please ask us any questions that you may have!

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