Table of Contents
Why Preston is a Hotspot for Affordable Properties
Preston has become one of Lancashire’s most appealing cities for affordable homes, and it’s easy to understand why. It’s a place where you can find a unique balance of beautiful housing options, excellent local amenities, and a lifestyle that suits both families and professionals.
Whether it’s charming terraced houses in the city centre or spacious 4-bedroom detached homes in areas like Fulwood, Preston has a variety of properties available for sale to meet different needs and budgets.
Affordability is one of Preston’s strongest draws. According to Land Registry data from August 2024, the average price of a home here is £169,000, which is lower than the average price in the UK, which is £286,000. The fact that you get a lot for your money makes it even better.
For example, in Fulwood, you can find a detached four-bedroom family home with modern designs, large rooms, and easy access to great schools and parks. This is a lot more for your money than in nearby places like Manchester or Liverpool.
Preston’s location is another major advantage. With the M6 providing easy access to the rest of the North West and train connections making it simple to reach Manchester or even London, the city is incredibly well-connected.
Local amenities are also a big part of its appeal. Avenham and Miller Parks offer beautiful outdoor spaces for recreation, while the Fishergate shopping district caters to everyday needs. It’s a city that combines affordability with convenience, making it a fantastic place to live or invest. Explore spacious 4 bedroom detached house in prime areas like Fulwood. These are perfect for tenants seeking comfort and convenience.
For property investors, Preston’s potential is hard to ignore. The £434 million Preston City Deal and other ongoing efforts to revitalise the area are helping to raise property prices and bring more people to the area.
Another important factor is rental demand. This is especially true near the University of Central Lancashire (UCLan), where student living is always in high demand. When you want to buy a home, invest, or just move, Preston, Lancashire, has a lot of options and is a cheap way to get started.
Initiate a powerful sequence of your property growth and reinvestment.
Initiate a powerful sequence of your property growth and reinvestment.
Unleash how successful investors build wealth, reduce financial stress, and achieve financial freedom.
Cheap Houses on Sale Available Around Preston
Find budget-friendly homes with min beds ideal for first-time investors or renters. Here are two projects on sale we’d strongly recommend if you’re considering investing in houses for sale around Preston:
Guildhall Gardens, Preston
Located in the prestigious Winckley Square Conservation District, Guildhall Gardens is a standout option for anyone looking for affordable yet high-quality apartments. This new building meets the city’s growing need for stylish places to live, which makes it a good choice for tourists, business travellers, and people renting for a short time.
The building has 32 apartments with one bedroom and 3 apartments with two bedrooms. It has the beauty of the past and the ease of the present. Each flat was carefully designed to make living there stylish and comfy.
It’s in a great spot, close to Market Hall, the Fishergate Shopping Centre, and the University of Central Lancashire (UCLan). It’s great for people who like to take things easy because everything they need is right outside their door.
£776 pcm
250 Years
8%
Q3 2023
Key Project Highlights
- Affordable apartments start at competitive price points.
- Situated in Winckley Square, a famous spot in Preston with locals, students, and visitors alike.
- Includes 32 apartments with one bedroom and 3 apartments with two bedrooms. All of the furnishings are new and stylish.
- Conveniently based near UCLan, Market Hall, and Fishergate Shopping Centre.
- Only 0.5 miles from Preston Train Station, making it easy for travellers and workers to get to and from work.
- Large demand for high-end serviced flats because of Preston’s booming economy and revitalisation.
Berkeley Square
Located approximately 35 miles from Preston, Berkeley Square provides an affordable entry point into the bustling Manchester property market.
This development has high-end apartments in a convenient and highly sought-after areas, making it perfect for short-term renters and business travellers. The apartments are located near important business and cultural areas, such as the Manchester Art Gallery, Deansgate, and Piccadilly.
They are therefore a great choice for business travellers and tourists who want to stay somewhere stylish and easy to get to. Every flat in Berkeley Square is well-rounded because it has a large plan, high-quality finishes and access to shared facilities.
These amenities are designed to fit the needs of modern city life, whether you’re looking to meet new people or unwind after a long day.
£1,065 pcm
250 Years
25%
Q2 - Q4 2026
Key Project Highlights
- Modern designs and premium amenities help the flats to be pleasant for both business and leisure visitors.
- Perfect for professionals, this flat is close to thriving commercial districts such Deansgate and Piccadilly.
- Near the Manchester Art Gallery, Deansgate, and Spinningfields, culturally conscious visitors will find appeal.
- Designed with communal places for leisure or networking, it improves residents’ quality of life.