Call us - 0113 487 5745
Email: hello@theblockbuyingcompany.co.uk
Call us - 0113 487 5745
Email: hello@theblockbuyingcompany.co.uk
Your opportunity to invest in the popular outskirts of Preston city centre.
Your opportunity to invest in the popular outskirts of Preston city centre.
Watch the area of this property
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Investment Summary
Collectively, the apartments are currently producing £35,100 per year, with the potential to earn significantly more
Investing in Preston
Overview
Preston was voted the most improved city in Britain in 2018 by accountancy firm PriceWaterhouseCoopers, and has shown no sign of slowing down since.
It is the third largest city in the North West of England and the largest city in Lancashire. It has all the critical foundations of an outstanding area for property investors to purchase in, including a thriving higher education sector, growing economy, excellent transport infrastructure and connections, in addition to a proud heritage of industrial history.
Whilst there is a considerable pipeline of exciting developments in place, much has already taken place in Preston, and it is widely regarded as a model of successful urban regeneration. Preston is part of a £435 million investment via the Preston and Lancashire City Deal, which is set to further improve the city’s infrastructure. The city council have pledged an ambition for further economic growth and is dedicated to ensuring 20,000 new jobs are created by 2026
Whilst there is a considerable pipeline of exciting developments in place, much has already taken place in Preston, and it is widely regarded as a model of successful urban regeneration. Preston is part of a £435 million investment via the Preston and Lancashire City Deal, which is set to further improve the city’s infrastructure. The city council have pledged an ambition for further economic growth and is dedicated to ensuring 20,000 new jobs are created by 2026
Location and transport
Preston is well positioned for the best of everything relating to British culture. Neighbouring Blackpool has its iconic coastline with the famous Blackpool Tower, Pleasure Beach, Blackpool Zoo, and a wealth of other attractions. Manchester is also reachable, with its fascinating museums, art galleries, music scene, and two of the largest global football clubs. There are also some staggeringly beautiful scenic landscapes just beyond, with both the Yorkshire Dales and the Lake District located an hour away
By Rail:
Blackpool - 22 min
Glasgow - 2 hr 29 min
Edinburgh - 2 hr 30 min
Liverpool - 52 min
London Euston - 2 hr 27 min
Manchester - 36 min
Times taken from National Rail Enquiries
By Air:
Manchester Airport is 40 miles from the centre of Preston; a 45-minute drive or 51 minutes by rail. It serves an extensive number of holiday destinations in addition to major hubs across the world such as New York, Dubai, Doha, Abu Dhabi, Toronto, and also connections to London Heathrow.
Your new investment
This property features six two-bedroom apartments spanning three stories.
The building is a 15-20 minute walk into the centre of Preston, whilst the UCLAN campus is only a 10-minute walk for any prospective student occupants. The local area is populated with characteristic terrace properties and is popular amongst university students.
Demand in the area is consistently high, which will ensure any void periods are minimal.
Occupants for all apartments have secure gated entry to gain access into the building, with CCTV in operation for additional peace of mind. Individual apartment mailboxes are also externally situated.
The entire investment is ready to generate income for you immediately, with no work required to modernise the building.
The majority of the apartments feature wooden laminate flooring in the living and kitchen areas. Each kitchen space is fitted with an integrated cooker, electric hob, and extractor unit. The bedrooms throughout are equipped with carpeted floors. Each of the modern tiled bathrooms comes complete with a bath and overhead shower unit, in addition to extractor fans.
The hallways and stairs in the building are well lit and come complete with emergency lighting and fire alarms fitted throughout.
The entire investment is ready to generate income for you immediately, with no work required to modernise the building.
The majority of the apartments feature wooden laminate flooring in the living and kitchen areas. Each kitchen space is fitted with an integrated cooker, electric hob, and extractor unit. The bedrooms throughout are equipped with carpeted floors. Each of the modern tiled bathrooms comes complete with a bath and overhead shower unit, in addition to extractor fans.
The hallways and stairs in the building are well lit and come complete with emergency lighting and fire alarms fitted throughout.
Your opportunity to invest in the popular outskirts of Preston city centre.
Your opportunity to invest in the popular outskirts of Preston city centre.
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The Block Buying Co Reg No: 06712002Office Address 10-12 East Parade, Leeds, LS1 2BH- By appointment only
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