Winckley House, Residential Development In Preston

Investment Summary

 Winckley House, Preston

We would like to introduce Winckley House, a stunning brand-new investment opportunity in a prime location, with exclusive discounts of up to 20%. Located directly in the city center of Preston with views over the historic Winckley Square, currently undergoing a £1m redevelopment.

 

Winckley House is the perfect solution for young professional tenants working in the city, with all local amenities right on its doorstep.The regeneration of the beautiful Georgian Winckley Square and the surrounding district is making it a historical yet vibrant visual, cultural and intellectual outdoor experience, bringing delight to the people of Preston and visitors alike.

 

The six storey office conversion comprises a total of 76 luxurious high specification apartments, and will feature beautiful fitted kitchens with oven, hob & extractors, laminate and carpeted flooring, full tiled bathrooms and will be secured by a 10 year CRL warranty.

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 Location

Winckley House overlooks Winckley Square, which was once an exclusive residential area, but now is a  conservation area of great beauty, superb architecture and is described as a hidden gem in the heart of Preston.

With the city’s shopping district and restaurants right on the doorstep, tenants will love its amazing central location, with the bus and train stations also just a short walk away, offering speedy commutes into both Manchester and Liverpool. The development consists of outstanding accommodation in a world-class university city.

 Key Investment Highlights

  • 76 high specification off plan apartments

  • Completion August 2019

  • Up to 7.1% net yields

  • Prime central location

  • Contemporary design and high-specification finishes throughout

  • Perfect for young professional tenants working in city center or commuting to Manchester

  • Availability is on studios / one beds,

  • Studios close to 39m2,

  • £70,500 good value, 

  • Will rent into the student market for £500+ pcm,

  • £500 pcm this will give a gross return of 8.5%

 Why invest

  • Six storey development with lift

  • 10 year CRL warranty

  • Laminate flooring in living areas

  • Carpeted bedrooms

  • Fully tiled bathroom

  • Full finish kitchen with oven, hob & extractor,

  • washer/dryer and fridge freezer

  • Stunning views across Winckley Square

 

 Payment Structure

£5,000 res fee

25% on exchange, less the res fee

75% on completion

 Next Step?

  • Brochure

  • Availability

  • Floor plans

  • Draft contracts

  • If you wish to reserve online please request the reservation form.

  • Please ask us any questions that you may have!

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