Preston has built up over 1,000 years of history and is a mix of Georgian, Victorian and modern 20th Century buildings. The city is involved with City Deal which is a landmark agreement between the government, Lancashire County Council and Preston, and is committed to a regeneration and transformation of many areas in the city, utilising £434m investment, creating approximately 20,000 jobs, creating over 17,400 new homes and the aim is to create over 25 years worth of growth in less than 10! The city has a lot going for it, and many reasons to invest.
Guild House is a 4 storey conversion development of Studios, 1, 2 & 3 bedroom apartments located in the heart of Preston City Centre, close to amenities and on the edge of Winckley Square. The square has recently undergone a £1.2m lottery-funded regeneration and is a picturesque park area surrounded by a mix of office and residential Georgian buildings. The development is designed with white gloss kitchens and integrated appliances. The apartments are located within a high demand rental area and designed to attract young professionals within the city centre. Also as the lease allows for short term accommodation investment this means the potential for higher rental returns of 8% - 12%, occupancy dependent. Learn more about how you can benefit from short term let investments and the answers to common questions from investors in our blog.
Learn more about our Guild House and Winckley House Investments in the YouTube video below.
*Annual Rental income can vary, please speak to your consultant about the potential of the unit you are interested in, Residential Estates would also suggest you carry out your own due diligence in the local market at the time of purchase
**The provision of lender finance for your purchase is dependant upon individual circumstances and cannot be guaranteed. We advise you to obtain independent financial advice before entering into an agreement upon which you will be relying upon lender finance. Any decision to proceed with lender finance is your decision only. If lender finance cannot be obtained you will be required to complete on your purchase in any event. Residential Estates are not regulated by the FSA, nor are they a finance company and cannot be held liable for any purchaser being unable to obtain mortgage monies for their purchase.
|Suitable for Short Term Accommodation|
|Close to City Centre|
|Regeneration Scheme and Conservation Area|
|Limited Parking Available to Purchase|