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Residing on the north bank of the River Ribble, Preston is an absolute gem in Lancashire. I’ve been working with investors for years, and let me tell you—when it comes to property investment, Preston ticks so many boxes.
Sitting between Blackburn and Blackpool, and just a 45-minute drive to Manchester or Liverpool, it’s no surprise the city is becoming a property hotspot.
The city isn’t just about location, though. The bustling city centre is packed with charm, blending modern conveniences with a sense of heritage. From the Harris Museum to thriving restaurants, there’s always something happening.
And for those dreaming of a quieter life, Preston also offers plenty of green spaces like Cuerden Valley Park and Miller Parks.
Whether you’re a first-time investor or looking to expand your portfolio, newly built homes here are ideal for modern living, promising energy-efficient designs and long-term capital growth.
Top New Build Homes for Sale in & Around Preston
Here are two projects we’d strongly recommend if you’re considering investing in new build homes for sale in and around Preston:
Guildhall Gardens
The Guildhall Gardens are located in the coveted Winckley Square Conservation District, one of Preston’s most well-known landmarks.
If you want to invest in the city’s booming demand for leased apartments, go no further than this new building in Preston. Many short-term renters, business visitors, and tourists like Guildhall Gardens because of its unique blend of old and new buildings and rooms.
The building includes 32 one-bedroom flats and three two-bedroom apartments. Each one was meticulously designed to be both elegant and comfy.
You can stroll to the University of Central Lancashire’s area (UCLan), Market Hall, and Fishergate Shopping Centre from this excellent location. This makes it an excellent alternative for those looking to be nearby Preston’s top attractions.
£766 pcm
20%
Q3 2023
£2,500
- 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.
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 new development has a wide layout, high-quality finishes and provides convenience to quick easy access communal facilities where residents can network or relax.
£1,065 pcm
25%
Q2 - Q4 2026
250 Years
- 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.
- Nearby to the Manchester Art Gallery, Deansgate, and Spinningfields.
- Designed with social areas for networking or relaxation, enhancing the living experience for tenants.
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New Build Houses on Sale in the UK
If you’re interested in exploring properties beyond Preston, there are some incredible deals across the UK. And there are two properties that caught my eye, 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 particular architectural style due to the use of dark and light bricks, as well as wooden siding.
Each property is finished with high-end materials such as Italian tiles in the bathrooms, allowing renters to live in style.
This property type has several appealing features, like a luxurious gym, private gardens, secure parking, and even a concierge service. This house is located in York, a city renowned for its historical charm and thriving tourism economy.
It is ideal for both long-term rentals and short-stay guests. This house is approximately 97.2 miles from Preston’s city centre.
£3,253 pcm
20%
3%
250 Years
- 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.
The Merchant
The Merchant is an excellent premium apartment complex in the heart of Hull. This modern home is designed to provide a refined urban living experience, featuring bespoke furnishings and high-quality finishes throughout.
The Merchant offers 29 apartments with one or two bedrooms. Each one is tailored to the demands of the area’s busy students and young professionals.
Hull has a robust economy and a variety of cultural activities, making it an ideal place to rent. This home is adjacent to major landmarks, shopping malls, pubs, and restaurants, making city living convenient for its residents.
Hull Station is merely a five-minute walk away, with convenient access to Leeds, York, Manchester, and other major UK cities.
£776 pcm
25%
12%
999 Years
- 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.
