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Guild House, Preston from £66,500 circa 7% p.a net

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INVESTMENT OVERVIEW

Residential Investment:

High demand rental area

designed to attract

young professionals

Guild House is a four-storey development of Studios, one, two & three bedroom apartments located in the heart of Preston City Centre.

The apartments are located within a high demand rental area of Winkley Square, and designed to attract young professionals within the city centre.

Centred around open gardens, Winkley Square received a £1.2 lottery-funded regeneration and is home to some impressive Georgian architecture, just 50 yards from Preston’s main retail district.

Established in 1801 as an exclusive residential area of the city, over time it became the premier legal and professional quarter, accommodating many of the city’s professional and financial services firms, whilst also remaining a strong residential community.

Market Overview

Preston

Regeneration

Utilising £434m investment

New Homes

Creating over 17,400 new homes

Growth Aim

Create 25 years in under 10!

Situated north of Manchester, Preston is home to UCLAN (University of Central Lancashire) which brings around 30,000 students to the city. One of the UK’s biggest universities (6th in the UK), UCLan has a distinguished global reputation. And two years ago, in 2015, the Centre for World University Rankings placed UCLan in the top 3.8 percent of all worldwide universities.

 

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Project

Stunning apartments in Preston's historic and sought-after Winckley Square


Type
Studios and Apartments
Bedrooms
One, two & three bedroom
Price
From £66,500
Completion
December 2019
Facilities
N/A

Investment

Maximise annual return, with the short-term let option at Guild House


Rental #1
Long-term Lets
Est. Return 1
7% Net p.a.
Rental #2
Short-term Lets
Est. Return 2
8%-12% Net p.a.
Payment Plan
30% / 70%

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