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Guild House

Modern apartments nestled within Preston’s unique heritage.
Preston - PR1 3LT

Prices From: £200,000
Build Status: Complete

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* Images purely for illustrative purposes and may not be the actual apartment for sale.

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Located directly in the city centre of Preston and situated on the edge of the historic Winckley Square, which underwent a £1.2 million renovation in 2016, this development is the perfect solution for young professional tenants working in the city, with all local amenities right on its doorstep, especially as short term lets are allowed in the lease.

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. Apartment 46 is a high specification 3 bedroom apartment, featuring fitted kitchens with oven, hob and extractors, laminate and carpeted flooring, full tiled bathrooms. The apartment is complete and vacant ready for tenants. For AST long term tenants the potential monthly rent would be £1050pcm and short term lets commanding upto 13.26% net returns.

Preston is ideally located right in the heart of not only Lancashire but the North West of England and the whole of the UK too. Preston station is on the main West Coast railway line half way between London and Glasgow whilst the stunning brutalist Bus Station provides a gateway to more local destinations by public transport. If you’re driving there is also a large selection of city centre car parks and park and ride services.

Investment Highlights

Luxury Apartment with Integrated Appliances
Projected Yields as high as 14%
Overlooking Winkley Square Park
Prime City Location
Short Term Lets Allowed in Lease
150 Year Leasehold
Prices From£200,000
Build CompletionCompleted
Units Available1
AST Value£1,050 PCM
FinanceYes**
Rental GuaranteeNo

** The provision of lender finance for your purchase is dependant upon individual circumstances and cannot be guaranteed. We advise you to obtain independent financial advice before entering into an agreement upon which you will be relying upon lender finance. Any decision to proceed with lender finance is your decision only. If lender finance cannot be obtained you will be required to complete on your purchase in any event. Residential Estates are not regulated by the FSA, nor are they a finance company and cannot be held liable for any purchaser being unable to obtain mortgage monies for their purchase. Please read the FAQs above for more information.

Enquire About This Investment

Complete The Form Below To Receive The Brochure & Book Your Free, No Obligation Consultation Call