Preston
Guildhall Gardens
The latest edition to the booming Preston Market
Yields
8%
Starting Price
£118450
.
Rent From
£766 pcm
Discount
3%
Property Type: Ready-Now
Ready-Now
Reservation fees:
£2,500
Deposit
20%
Completion
Q3 2023
Leasehold
250 years
Why invest in Preston?
Regeneration
Multiple investments and regeneration projects are currently ongoing in Lancashire and Preston. One of them includes the development of a new indoor market hall and resurfacing work around the restored 1875 Covered Market canopy and the Preston’s Market Hall.
£434 million
Total worth of ongoing investments in regeneration projects
£50 million
Invested in redevelopment of Covered Market Canopy
£5 million
Invested in the regeneration of Preston's Market Hall
£1 million
Invested into Winckley Square- a conservation area
Economy
The large student population and the city’s excellent connections to other major cities across the North West and wider UK attract many young professionals to Preston to live and rent, thereby boosting the city’s economic status.
£1 billion
Projected economic growth over the next 10 years
£28 billion
Amount generated by 50k businesses per year
Infrastructural Development
Guildhall Gardens is entering the market at an exciting time. Its location in central Preston is ideal, as the city continues to thrive with a growing central population. The economy there is expected to grow rapidly over the next ten years, generating new malls, bars, luxury restaurants, and many more.
£450 million
Injected by the ‘Preston City Deal' for infrastructural improvements.
20,000
Creation of new jobs
Project Highlights
- The high-quality residential conversion is in the affluent Winckley Square Conservation area in the PR1 postcode district.
- The site will provide 32 1-bedroom apartments, and 3 2-bedroom apartments in the heart of the city centre and will help combat the ever-increasing tenant demand in the city.
- Guildhall Gardens will address the current shortfall of available rental properties in Preston and offer an extremely prosperous investment opportunity.
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Apartments
1Room Apartment
£750
rent per month
1
Bedroom
315 sq ft
Starting Size
3%
Discount
Starting Price
£115,000 £118,450
2Room Apartment
£975
rent per month
2
Bedrooms
470 sq ft
Starting Size
3%
Discount
Starting Price
£140,000 £144,200