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PR1 Postcode District, Top 10 For Growth
Deposits From Just £28.9k
6% Rental Assurance
Prices From Just £115,495
Guildhall Gardens is the latest edition to the booming Preston rental market. This high-quality residential conversion in the affluent PR1 postcode district will provide 35 self-contained, 1-bedroom apartments in the heart of the city centre that will help combat the ever-increasing tenant demand in the city. Preston is a city on the up, with numerous regeneration projects transforming the city and creating countless employment opportunities.
This increase in opportunities has seen an influx of young professionals moving to the city in need of high-quality rental properties. Guildhall Gardens will address the current shortfall of available rental properties in Preston and offer an extremely prosperous investment opportunity.
From its historic roots as a market town, to a city with a vision to become one of the top 3 in the North-West, Preston is a city primed for rapid growth.
Preston is the commercial and administrative centre of Lancashire with an excellent transport network that makes it a popular choice for numerous businesses. The city is undergoing a substantial £434m inward investment programme to create new jobs, grow the economy and improve transport infrastructure. The city is also located on the West Coast Main Line, providing excellent access to the other major cities in the North West region.
There are three Universities in and around Preston, employing 3,000 staff and home to over 30,000 students. With student retention rate a focus of the city, there is increased demand for young professional renters in the city centre.
With nearby Liverpool and Manchester also being highly popular cities among young people, even more demand is being created in Preston as it superbly located to attract commuters who are seeking a more affordable place to live.
Preston is primed to benefit from being in the number one UK region for capital growth, according to experts Savills. Now is the right time to get involved.
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