Park House

Starting Price

£99,000

Invest From

£19,800

Location

Preston, City Centre

Completed in

2022


Park House is the latest edition to the booming Preston rental market. The high-quality residential conversion is in the affluent Winckley Square Conservation area in the PR1 postcode district.

The site will provide 32 one-bedroom apartments, and 3 two- bedroom apartments in the heart of the city centre and will help combat the ever-increasing tenant demand in the city.

Preston is a city on the up, with numerous regeneration projects transforming the city and creating countless employment opportunities. The increase in opportunities has seen an influx of young professionals moving to the city in need of high-quality rental properties.

Park House will address the current shortfall of available rental properties in Preston and offer an extremely prosperous investment opportunity.

Park House is arriving to the market at an exciting time. Its location in central Preston is ideal, as the city continues to thrive with a growing central population. The large student population and the city's fantastic connections to other major cities across the North West and wider UK sees a large number of young professionals choosing Preston to live and rent.

As a result, Preston is seeing a huge share of the national movement of "generation rent" who are increasingly choosing city and town centres as their homes.

Short Term Lets Allowed - Up to 22% Rental Yield

Cash Only Purchase

Invest From

£19,800

Estimated Rental Yields

7.5%

Appreciation

28.2%

Payment Plan Available

Yes

City

Preston

No. of Units Available

35

Area

City Centre

Unit Type

1 Bedroom, 2 Bedroom
  • Transport and Nearby Attractions Connectivity
  • Residents' Parking

Map


Image Gallery

Make an Enquiry


Share this page

Subscribe to Magnate Assets

Receive the latest news and information on the UK property market and Investment opportunities!

WhatsApp