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As soon as I started helping investors find Preston property for sale, I noticed what a great city it is. Lancashire’s Preston has a unique mix of old and new features. It has homes for all budgets, from cheap starting homes to expensive family homes. What’s exciting here is the potential: the city’s been seeing steady growth, with property prices rising around 4-6% annually, which is music to any investor’s ears.
It’s a busy market, and homes sell quickly, especially in popular areas like Winckley Square and Fishergate Hill. We help our clients find the best homes on sale in these areas.
It’s a great place to buy renting properties because of the University of Central Lancashire and the new jobs created by the Northern Powerhouse. With average rental yields of 5 to 6 percent, you’re not only looking at possible capital gains but also steady rental income, which is important for people who want to make money in the long run.
One thing we love about Preston, Lancashire is the affordability. The market is easier to get into than in other places, with average prices between £150,000 and £200,000, but it has a lot of room to grow. Preston is a prime location to put your money to work, whether you’re looking for an apartment in the city centre or a bedroom detached house or family home in the area.
Properties on Sale Around Preston
Here are two projects we’d strongly recommend if you’re considering investing in houses for sale around Preston:
Guildhall Gardens
The Guildhall Gardens are in the prestigious Winckley Square Conservation District, which is one of the most famous places in Preston. This new building is the only place people need to look if they want to invest in the city’s growing need for leased apartments. A lot of short-term renters, business visitors, and tourists love Guildhall Gardens because it has a unique mix of old and new buildings and rooms.
The building has 32 apartments with one bedroom and 3 apartments with two bedrooms. Each one was carefully planned to be stylish and comfortable. You can walk to the University of Central Lancashire (UCLan), Market Hall, and Fishergate Shopping Centre from this great location. This makes it a great choice for people who want to be close to all of the city’s best attractions.
£766 pcm
20%
Q3 2023
£2,500
Highlights:
- Situated in Winckley Square, a famous area of Preston with locals, students, and visitors alike.
- Includes 32 apartments with one bedroom and 3 apartments with two bedrooms. All of the furnishings are modern 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.
Click Here to Find the Complete Project Overview
Berkeley Square
About 35 miles from Preston, in Manchester, Berkeley Square gives businesses a foothold in one of the UK’s biggest cities. Short-term renters and business travellers looking for high-end lodging in a central position will find it here.
Berkeley Square, with its proximity to economic and cultural hubs such as Deansgate, Piccadilly, and the Manchester Art Gallery, is suitable for both professionals and tourists. Each flat in this development has a wide layout, high-quality finishes and access to communal facilities where residents can network or relax.
£1,065 pcm
25%
Q2 - Q4 2026
250 Years
Highlights:
- High-end finishes and modern designs make the apartments comfortable for both business and pleasure travellers.
- Located near busy business areas like Deansgate and Piccadilly, this flat is perfect for professionals.
- Culturally-minded tourists will like how near it is to the Manchester Art Gallery, Deansgate, and Spinningfields.
- Designed with social areas for networking or relaxation, enhancing the living experience for tenants.
Click Here to Find the Complete Project Overview
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Houses on Sale in the UK
If you’re willing to expand your search beyond Preston, there are some incredible deals across the UK. Two more properties that caught my eye are City Gate in York and The Merchant in Hull, both offering great value and potential.
City Gate
City Gate in York is a smart newly built development with 62 premium apartments spread across five floors. This property has a distinct architectural style thanks to a combination of dark and light brick, as well as wooden cladding. Each flat is finished with high-end materials, like Italian tiles in the bathrooms so that renters can live in style.
This property type has many nice features, like a luxury gym, private gardens, safe parking, and even a concierge service. This property is in York, a city known for its historical charm and booming tourism industry. It is perfect for both long-term renters and short-stay guests.
£3,253 pcm
20%
3%
250 Years
Highlights:
- It has five stories and 62 flats. The outside is a striking mix of dark brick, light brick, and hardwood cladding.
- The interiors are very nice, with bathrooms made of Italian marble and rooms that are big and bright.
- There are many nice features on-site, like a 5-star lobby, private gardens, safe parking, and a high-end gym.
- Some fourth-floor flats have terraces, which makes them more appealing to picky renters.
- Great spot in York, a city with a lot of tourists and businesses. This makes it perfect for both long-term and short-term rentals.
Click Here to Find the Complete Project Overview
The Merchant
The Merchant is a fantastic luxury apartment development in the middle of Hull. This modern home offers a refined urban living experience, with bespoke interiors and high-quality finishes throughout. The Merchant has 29 apartments with one or two bedrooms. Each one is designed to fit the needs of the busy students and young workers in the area. The property is just a short stroll from local shops, parks, and schools, making it perfect for convenient family living.
The city of Hull has a strong economy and a lot of cultural activities, which makes it a good place to rent. This property is close to key points, shopping malls, pubs, and restaurants, making city living easy for its people. Hull Station is only a five-minute walk away, and it’s easy to get to Leeds, York, Manchester, and other major cities in the UK.
£776 pcm
25%
12%
999 Years
Highlights:
- With 29 stylish one- and two-bedroom flats that have been custom-designed and decorated in a modern style.
- In the middle of Hull’s city centre, close to the Maritime Museum, The Deep Aquarium, and the Ferens Art Gallery.
- Only a few minutes’ walk from Hull Station, which has easy rail links to Leeds, York, Sheffield, and Manchester.
- Surrounded by shopping centres, bars, restaurants, and cafes, providing a vibrant urban lifestyle.
- Positioned to attract young professionals and students, thanks to Hull’s fast-growing economy and rich cultural offerings.
Click Here to Find the Complete Project Overview
Angel Gardens is located in an up-and-coming district of Liverpool. It is in close proximity to two major regeneration projects: the £150 million Project Jennifer and the £5.1 billion Liverpool Waters scheme.
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