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Guildhall Square

35 High-specification One Bedroom Apartments Located in Preston

58 Guildhall St, Preston PR1, UK

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Sold Q3 - 2018
35 Units Print
Guildhall Square is a complete redevelopment of a former commercial property into high specification one bedroom apartments which have been designed to meet the needs of the growing rental market.
The development is located just off Winkley Square, a stunning public park surrounded by Georgian buildings. The central location connects the property with Preston’s travel infrastructure and city centre amenities.
Investors will benefit from an 8% NET return guaranteed for 2 years.

Preston is the commercial and administrative centre of Lancashire with an excellent transport network that makes it a popular choice for a variety of businesses. The city is undergoing a substantial £434m inward investment program to create new jobs, grow the economy and improve transport infrastructure. The city is also located on the West Coast main line providing great access to the North West of England.

The city also contains UCLAN (University of Central Lancashire) which has around 30,000 students. The city’s economy is healthy and diverse, with strong service and high-value manufacturing sectors. Employment growth is expected to be
well above average over the next 10 years and many top companies are based here. The city is primed for rapid growth.

Offering a 8% NET Return guaranteed for 2 years, these apartments are a strong, stable and high-yielding investment opportunity.

Apartment sale prices have increased by 8.2%% since mid-2015. The value of the apartments are set to rise substantially more over the next few decades.

The apartments on offer at Guildhall Square have been designed with the young professional market in mind. Each apartment will feature a spacious combined kitchen and living area with premium finishes and furnishings to create a truly premium product.

Several key economic developments in Preston have created an increase in demand for central, well-furnished accommodation for young professionals for which the apartments at Guildhall Square are perfectly suited.

Property type: Project Profile, Residential

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