fbpx

Winckley House

Residential apartments in Preston, United Kingdom

  • Units from £ 70,500
  • Estimated rental return of 7% -10% net.
  • Delivered finished.
  • Fully managed.
  • Completed.

What is Winckley House?


It is a six-story real estate development with 76 functional units.

Its unique location, directly in Preston city center, across from the historic Winckley Square, with a £ 1.2 million renovation in 2016, makes this building a perfect solution for young professional tenants working in the city.

Residents will have all the local amenities just steps from their apartment. The regeneration of beautiful Georgian Winckley Square and the surrounding district make it a historic site, and in turn a vibrant visual, cultural and intellectual experience, that delights both Preston people and visitors.

The six-story office building conversion comprises a total of seventy-six luxurious high specification apartments, will feature beautiful kitchens equipped with oven, hob and extractors, laminate and carpeted flooring, full tiled bathrooms and will be insured by a CRL of ten years warranty.

With the city’s shopping district and restaurants just around the corner, tenants will love its amazing central location, with bus and train stations within walking distance offering quick trips to Manchester and Liverpool.

Why invest in Winckley House?

  • Fully managed investment.
  • High rental returns by either annual or temporary rentals.
  • Excellent location (opposite of Winckley Square).
  • High demand.
  • Low Service charge and price per sqm.

The building is recently completed and in an excellent location within the city. With a low price per sqm, It is a new converted office building to residential, with the possibility of renting it temporarily throughthe most recognized platforms. With temporary rentals Winckly House can provide you with rentals with up to 10% net per year.

Previous
Next

The city of Preston

The city of Preston is located in the heart of the beautiful Lancashire countryside, and has a population of approximately 140,000. Tracing its history for almost 1,000 years, it is a modern and multicultural city built on the solid foundations of the Industrial Revolution. Preston is the administrative center of Lancashire, a county with an economy of £ 25.5 billion that supports almost 650,000 jobs. Equipped with a competitive cost base and a good location near Manchester and Liverpool, Preston is the engine room of the Lancashire economy and one of the UK’s largest local economies in the north.

Preston reinvents itself since 1179 and continues to do so. With the government’s economic strategy the city uses for regional growth, Preston received a huge boost to his aspirations for economic growth with the announcement of the Preston, South Ribble and Lancashire City Agreement:

  • £ 430 million invested directly in central Lancashire.
  • Transportation and business infrastructure expansion around Preston.
  • Creation of 20,000 new jobs and 17,000 new homes.
  • Stimulate an additional local investment of £ 2.3 billion.

University of Central Lancashire

The University was founded in Preston in 1828 as the Institution for the Dissemination of Knowledge, making it one of the UK’s largest universities. The staff and student community total 38,000 and offers 500 undergraduate courses and 200 graduate courses in the region. It is a leader in learning in terms of degree development in the emerging disciplines of fashion, forensic medicine, journalism, and sports science.

UCLan has recently invested £ 100 million to improve its buildings, teach technology and sports facilities. A further indication of its ambitions, the University in 2015 also announced proposals for an investment of another £ 200 million. This plan, known as the Campus Masterplan 2020, will comprehensively transform your Preston campus over the next decade.

INVESTMENT SUMMARY

  • 76 studios, 1 and 2 bedroom apartments.
  • Prices from just £ 70,500.
  • 7% to 10% net rental return.
  • Great location right opposite to Winckley Square.
  • Contemporary design and high specification finishes.
  • rfect for young professional tenants working in the city center or in Manchester.
  • Fully managed investment.
Previous
Next

For more information fill in the form below.