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Winckley House, Preston, from £70,500 circa 7% p.a net

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Located directly in the city centre of Preston with views over the historic Winckley Square, Winckley House is the perfect solution for young professional tenants working in the city, with all local amenities right on its doorstep.

This six-storey office conversion comprises a total of 76 luxurious high specification apartments and is on track for a September 2019 completion. They have been priced so competitively with an avg. of 23% Below Market Value, the 7% est. annual rental return will be easily achieved. The apartments will feature beautiful fitted kitchens, laminate and carpeted flooring and fully tiled bathrooms and will be secured by a ten-year CRL warranty.

The £1.2 million regeneration of the beautiful Georgian Winckley Square and the surrounding district is making it a historical yet vibrant visual, cultural and outdoor experience, bringing delight to the people of Preston and visitors alike. With the city’s shopping district and restaurants right on the doorstep, tenants will love its amazing central location, with the bus and train stations also just a short walk away, offering speedy commutes to both Manchester and Liverpool.

The Guild City of Preston lies in the heart of the beautiful Lancashire countryside and has a population of approximately 140,000. It traces its history back nearly 1,000 years and is a modern multicultural city built on the solid foundations of the Industrial Revolution. Preston is the administrative centre of Lancashire, a county with a £25.5 billion economy that supports nearly 650,000 jobs. Equipped with a competitive cost base and good location near to Manchester and Liverpool, Preston is the engine room of Lancashire’s economy and one of the largest local economies in the north of the UK.

• 76 studio, one and two-bed apartments
• Current Avg. of 23% Below Market Value
• Completion date September 2019
• Estimated 7.1% annual net yield
• Prime central location
• Contemporary design and high specification finish throughout
• Perfect for young professional and students alike

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