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Top Properties on Sale in Preston
If you’re looking for some hot apartments on sale in Preston, here are two developments that have really stood out to me recently:
Guildhall Gardens
Guildhall Gardens is set in the heart of the Winckley Square Conservation District, one of Preston’s most prestigious locations. This development is ideal for those tapping into the city’s rising demand for rented apartments, blending heritage charm with modern living.
It offers 32 one-bedroom apartments and 3 two-bedroom detached apartments, each designed with comfort and style in mind. Being so close to UCLan, Market Hall, and Fishergate Shopping Centre, it’s perfect for professionals, tourists, and students.
£776 pcm
250 Years
8%
Q3 2023
- Prime location in Winckley Square, just 0.5 miles from Preston Train Station.
- A mix of modern interiors and heritage charm to attract diverse renters.
- High demand for serviced apartments in Preston’s thriving economy.
- Walking distance to UCLan, Market Hall, and Fishergate Shopping Centre.
Berkeley Square
Although not in Preston itself, Berkeley Square is just 35 miles away and is worth a mention for anyone interested in the wider region. It’s a high-end development near Deansgate and Piccadilly, catering to professionals and business travellers. The apartments feature impressive premium finishes and shared networking spaces, which makes them ideal for short-term lets.
£1,065 pcm
250 Years
25%
Q2 - Q4 2026
- Luxurious designs tailored for corporate travellers and professionals.
- Centrally located near Manchester’s business hubs and cultural landmarks.
- Proximity to key amenities like restaurants, shopping, and transport links.
- Designed with social spaces for networking and relaxation.
Off Market Properties in the UK
Looking beyond Preston, Lancashire? There are some truly stand out on sale developments across the UK that are worth your attention. Two of my favourites are City Gate in York and The Merchant in Hull.
City Gate
City Gate is a stunning development featuring 62 premium apartments across five floors. Its bold architectural design—think dark and light brick with wooden cladding—makes it stand out in York’s historic cityscape. Inside, the attention to detail is amazing: Italian tiles in the bathrooms, spacious layouts, and even a private gym and concierge service.
£3,253 pcm
250 Years
12.22%
Ready-Now
- A five-storey development with 62 luxurious apartments.
- High-end interiors, including Italian-tiled bathrooms and modern layouts.
- Added amenities like a private gym, secure parking, and a concierge service.
- Located in York, a city renowned for its booming tourism and business activity.
- Approximately 88 miles from Preston City Centre
The Merchant
This development offers 29 bespoke one- and two-bedroom apartments, perfect for young professionals and students. It’s located right in Hull’s city centre, close to cultural landmarks, restaurants, and transport hubs. With its modern design and proximity to key amenities, it’s a great choice for tenants looking for convenience and style.
£776 pcm
999 Years
OFF-Plan
Q3 2024
- Stylish, and modern apartments.
- Located in Hull city centre, close to major landmarks like The Deep Aquarium and Maritime Museum.
- A five-minute walk from Hull Station with links to Leeds, Manchester, and York.
- Positioned for young professionals and students due to Hull’s growing economy.
- 122 miles from Preston city centre.
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Overview of Properties for Sale in Preston
Preston, Lancashire, is one of those UK cities that always feels like it’s on the edge of something bigger. It has a special mix of old-fashioned charm and modern ease that you won’t find anywhere else. Whether you’re after a 4-bedroom detached house in Fulwood or a modern flat near the University of Central Lancashire (UCLan), there’s no shortage of options here.
What caught my attention early on is how affordable the market is compared to other parts of the UK. According to the Land Registry, the average home price here is approximately £169,000 (as of August 2024), which is significantly lower than the UK national average of £286,000.
However, don’t be fooled by the low price—quality is not compromised. Penwortham and Broughton’s neighbourhoods provide magnificent bedroom detached homes with easy access to outstanding schools.
One tip I always share with people looking to invest is to pay attention to local amenities. Preston’s got plenty to talk about, from its easy access to the M6 to its beautiful green spaces like Avenham Park. Houses here tend to hold their value and, in many cases, deliver solid rental returns. It’s the kind of market where you can build a portfolio without breaking the bank.
Whether you’re searching for a spacious family home with multiple reception rooms, a charming detached bungalow, or a detached property like a 3-bedroom, 4-bedroom, or even a 5-bedroom detached house for sale in Preston, Lancashire, there’s a diverse range of options to suit every preference and budget.
Current Market Trends in Preston
The Preston real estate market has been very busy lately, which is not a surprise. Millions of dollars have been spent on regeneration projects like the Preston City Deal to make infrastructure and services better. This has made places like Winckley Square a lot more appealing. It now has a mix of old-fashioned beauty and modern conveniences that makes it appealing to both investors and renters.
In Preston, rental yields are good, ranging from 5% to 7% on average, based on where you live. As an investment, you should know that student housing near UCLan is always in demand. It’s a good way to make a steady rental income. People who want to live in one place for a long time always choose places like Fulwood and Longridge because they have great schools, parks, and a sense of community.
A trend I’ve seen rising is the interest in building eco-friendly homes. More people who want to buy or rent are actively looking for homes that have good EPC scores and energy-saving features like solar panels. These homes not only save money on energy costs, but they also get renters who care about the environment and are willing to pay more.
Why Choose Preston for Property Investment?
Preston has quietly become one of Lancashire’s standout property markets, and if you ask me, it’s about time more people noticed. This place is great for investors because it’s easy to get to, doesn’t cost much, and is growing in all the right ways. I’ve always liked places that have a mix of old-fashioned charm and new construction, and Preston is a great example of that.
The position of the city is one of the best things when it comes to property investment. Preston is in Lancashire and has great train connections to Manchester, Liverpool, and even London.
Also, it is close to the M6 motorway. People from all walks of life are drawn to this connectivity, from workers and students to long-term tenants. This creates a steady and varied demand for housing.
It’s easy to see why both investors and renters are drawn to this city. It has lots of culture hotspots, active shopping areas, and great parks like Avenham and Miller.
Preston ticks all the boxes for investors. There is a property for sale in a sought-after area like Fulwood as well as a more affordable investment near the city centre. Overall, there is something for every budget and investment plan.
How fast the city is growing is really something that impresses investors. With big projects like the Preston City Deal, with a total of £434m investment, making moves in regeneration, it’s not just about the returns of today; it’s also about the growth of tomorrow.
Investment Potential in Preston
Property Prices in Preston
When you look at other towns in the North West, Preston is a great deal. The average price of a home in this area is about £169,000, which is a lot less than the average price in the UK, which is £286,000. For investors, that’s an opportunity to get more for your money—whether it’s a 3-bedroom detached house, a 4-bedroom detached house in a family-friendly neighbourhood or a sleek apartment in the city centre.
Source: ONS
What really stood out to me was the range of houses available. There are affordable classic terraced homes, modern flats, and beautiful detached homes to choose from. If you don’t have a lot of money, you should check out areas close to the city’s heart. For long-term tenants, Penwortham and Longridge are great because they have more space.
Rental Yields in Preston
As an investor, you know that rental returns can make or break your choice. Preston does really well in this area, with returns that range from 5% to 7% on average.
There is always a need for student housing near the University of Central Lancashire (UCLan), which means you can make a steady income. Also, I’ve seen that larger houses in the best places to live, like Fulwood and Broughton, don’t stay empty for long. This is due to the fact that parks and schools are nearby.
This rental market is very stable. Students, and workers who need a place to live will always be looking for something to rent. One reason I’m sure to tell other investors to invest in Preston is because of the variety of demand.
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Future Growth Prospects
This isn’t just a city with potential—it’s a city in the middle of a transformation. The Preston City Deal has already pumped millions into improving infrastructure, housing, and public spaces. You can see the change these projects are making when you walk around places like Winckley Square. These changes aren’t just for delighted looks either; they’re raising property prices and attracting more people to live there. The Preston City Deal has already pumped millions into infrastructure improvements, with visible changes as of this date.
I also believe that Preston’s future will be greatly affected by its focus on being environmentally friendly. People who are buying or renting homes are both interested in eco-friendly options. The city is already ahead of the curve by building new homes with solar panels and energy-efficient features. In the long run, this focus on green living will only make homes in Preston, Lancashire, more desirable.
Tips for Investors
If you do things the right way, buying homes in Preston can be very profitable. These tips will help you get the most out of this market based on what we’ve learnt:
Know Your Market
Different areas in Preston cater to different types of tenants. If you’re targeting students, look for modern flats near UCLan. For families, focus on a 4-bedroom and 5-bedroom detached house with a garden in the suburbs like Fulwood or Longridge. Matching the property type to tenant demand is key.
Look for Sought-After Features
Tenants and investors love convenience, so flats close to schools, parks, and transport links tend to perform better. Impressive modern changes like energy-efficient windows or open floor plans are becoming must-haves for many renters, so keep an eye out for them.
Work with Reputable Agents
In a city with so many investment possibilities, it’s important to have people who know the area well. Agents from reputable property management companies like Flambard Williams can give you useful information and help you find more properties that might not be widely advertised. What they know about Preston, Lancashire, can make all the difference.
Think Long-Term
Preston isn’t just about quick wins—it’s a market where patience pays off. With ongoing regeneration projects and a rising population, the city’s property values are likely to grow steadily. If you’re in it for the long haul, Preston’s is a smart bet.
Consider Local Amenities
Tenants are always drawn to areas with good local amenities. Real estate in these areas is easier to rent and often costs more, whether it’s near the city heart, parks like Avenham, or shopping areas. Put this at the top of your search list.
Keep an Eye on Green Properties
More and more people want to buy homes that have solar panels, good EPC scores, or eco-friendly upgrades. They’re not only good for the environment but also attract higher-paying tenants and sell for more when the time comes.
Conclusion
Preston, Lancashire, is a great place for real estate investors looking for on sale options because it is affordable, has room to grow, and has a high market for rentals. There is a type of home that will work for everyone, whether you want a 4-bedroom detached house in a family-friendly suburb or a modern flat close to UCLan.
With promising rental yields, a thriving local economy and ongoing regeneration projects enhancing its appeal, Preston is more than just a smart investment today—it’s a city with a bright future. For investors looking to build or expand their portfolio, Preston is a location that delivers both value and potential.
Nestled in a highly sought-after area of Preston, invest in beautiful home, that is perfectly situated on a peaceful road, offering stunning view and unmatched convenience for property investors. This chain-free opportunity features a spacious four-bedroom layout, ideal for families or tenants seeking comfort and modern living.
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