Property investors now have the opportunity to acquire modern one-bedroom living accommodation in one of Preston’s most prestigious areas. Ascot Property Investments is delighted to offer investors the opportunity to invest in the Guildhall Square development which is in close proximity to Winckley Square; which boasts an array of Georgian architecture.
The development is a short distance from Preston’s main retail district and is central to the city’s premier legal and professional practitioners not to mention the financial services hub of the region. The opportunity to buy modern one-bedroom living accommodation offering a net 8% yield (guaranteed for two years) comes at a time of great interest in the North West of England.
At a time when demand for rental properties is booming in the region there is no doubt that these Guildhall Square modern apartments will stand out. Young professionals looking towards the legal and financial sectors are desperate for high specification rental property within the city. All of the apartments offer:
• High-end design
• Handmade fitted kitchens
• Fully integrated Baumatic appliances
• Flexible storage arrangements
• Luxury furniture packs (optional)
• En-suite white bathroom suites with chrome taps and mixers
• Oak effect flooring in kitchen
• Carpet in bedroom and living space
The large windows and tall ceilings give the properties character and style offering a spacious living area with a host of high quality restaurants and wine bars literally on the doorstep. Whether socialising with business acquaintances, enjoying some leisure time with friends and family there is no shortage of amenities. Click here for the full list of fixtures and fittings.
Cost of Guildhall Square apartments
For just £70,000 you can buy into this thriving area of the North West of England with an 8% net rental yield guaranteed for two years. Ascot Property Investments is able to offer an extremely simple investment process:
1. Choose an investment unit to buy
2. Pay a £2,500 reservation fee
3. Instruct solicitors
4. Transfer 35% of the funds one exchange
5. Transfer 15% of the funds after 6 months plus furniture pack payment in full
6. Transfer balance minus reservation fee on completion
The property development includes a total of 35 units and with growing demand for rental accommodation in the region we are already experiencing healthy interest from property investors.
Reasons to invest in Preston
Situated in the North West of England, Preston is certainly benefiting from renewed interest in the region. The growing reputation of Manchester has had a knock-on effect to other areas of the North West and the opportunity to acquire a modern high spec one-bedroom property on the outskirts of Preston’s legal and financial sector is proving extremely popular.
There is also evidence to suggest that London property investors have been cashing in the “London premium” and looking elsewhere. The comparable value for money for property in the North West of England compared to London is there for all to see. The opportunity to lock in a healthy 8% net rental yield (guaranteed for two years) compares extremely favourably to current base rates. To find out more you can request a brochure here.