Guildhall Square – 35 High-Spec Apartments
Guildhall Square is a fantastic opportunity to invest in one of the UK’s highest growth cities, Preston. A former commercial property, this residential development offers 35 luxury one-bedroom apartments that have been designed to meet the needs of the growing rental market in this up-and-coming city.
Each apartment features a spacious combined kitchen and living area with premium finishes; designed with the young professional market in mind.
The development is located just off Winckley Square, a picturesque public park surrounded by Georgian buildings. The central location connects the property with Preston’s travel infrastructure and city centre amenities.
- Prices from £70,000
- 8% Net Rental Return
- Preston Train Station – Eight Minute Walk
- Shopping District – Six Minute Walk
- Manchester – One Hour Drive
- Ideal for Young Professionals
- Strong Capital Growth
Preston is the commercial and administrative centre of Lancashire with an excellent transport network that makes it a popular choice for a variety of businesses. The city is also home to the University of Central Lancashire (UCLAN) which has approximately 30,000 students.
Number one in the UK for aerospace, Preston is home to the UK’s largest concentration of aerospace employment and 4th largest aerospace cluster in the world.
Why Invest In Preston?
Preston is experiencing significant growth. In 2016, there were 5,005 enterprises in Preston – an increase of nearly 18% between 2013 and 2016. £430m of inward investment has been agreed to create 20,000 new jobs across the city. Along with the £50 million Market Quarter scheme to restore the 1875 Covered Market.
Now, several key economic developments in Preston have triggered an increase in demand for central, high-quality accommodation for young professionals for which the apartments at Guildhall Square are perfectly suited.