Entirely Property

LANCASHIRE PROPERTY NEWS


Winckly House Presents Investment Opportunities in the North West


Looking for the right property to invest in can be tough, but looking further north than London unlocks a lot of hidden gems that can generate a significant income for investors.



Winckly House Presents Investment Opportunities in the North West

Preston is one area that is growing, and its economy is benefiting from good transport links and some impressive industries making the city their home. In turn, this draws students and young professionals to the area, all looking for homes in an undersupplied city that meet the high standards they have come to expect, and more importantly, they are willing to pay the rental prices that this commands.

Preston Investments

Preston in Lancashire is one area that is lucky enough to be undergoing a significant period of regeneration. Winckley House in particular is benefiting from a £1 million redevelopment, and the central location of Winckley House makes it extremely sought after.

Preston provides some extremely good transport links to the rest of the country, largely through its proximity to the M6, which can take commuters directly to Manchester and Birmingham.

Preston boasts a very diverse culture, which makes it appealing to a vast number of people, and has a number of notable landmarks, parks and nature reserves. As a major centre of the British defence aerospace industry there are good employment opportunities in Preston, drawing more young people to live within the area.

There is also a healthy student population in Preston as it is home to the University of Central Lancashire as well as Preston College and the Royal Preston Teaching Hospital.

Winckley House

"The prime central location of these fantastic apartments could produce a net yield of up to 7.1, making this an investment opportunity that is hard to ignore."
Mark Burns



Winckley House is a former office block in the centre of Preston which has been renovated to a high standard. It is now made up of 76 studio, one and two bedroom apartments which all meet a very high specification. The nearby amenities and the convenient location makes this a perfect spot for young professionals working within the city of Preston to set up home.

The apartments are off-plan and are due to be completed in November 2018. A high specification studio apartment measures 39 square metres and costs £70,500, whilst a 41 square metre one bedroom apartment costs £90,000.

Purchasing Property

To take advantage of this terrific opportunity you will need to complete a reservation form and provide a £5,000 non-refundable reservation fee. On exchange, 25% of the purchase price, minus the deposit, will be due, and the remaining amount will need to be paid on completion.

With two different types of apartment available in this development, there are opportunities to meet different budgets, and enjoy some great rental yields for a long time to come.

The Winckley House development is a great opportunity to invest in a growing city that is seeing its fortunes change rapidly as it becomes a more appealing home for many young professionals.

For more information on Winckley House or to browse other property investments in Preston, please contact Hopwood House.






DISCLAIMER: The statements, opinions, views and advice expressed in this article are those of the author/organisation and not of ENTIRELY. This article should represent information correct at the time of publication however whilst every care has been taken to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. ENTIRELY will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within this article or any information accessed through this site. The content of any organisations websites which you link to from ENTIRELY are entirely out of the control of ENTIRELY, and you proceed at your own risk. These links are provided purely for your convenience and do not imply any endorsement of or association with any products, services, content, information or materials offered by or accessible to you at the organisations site.







CRE Property & Construction Consultants


CRE are a team of Chartered Building Surveyors and Project Management Consultants that operate across the United Kingdom. CRE offers customers a new and refreshing approach to commercial property and project advisory services.






Sovini Group

housing


The Sovini Group comprises both not-for-profit, and commercial enterprises, and its purpose is to bring together complementary organisations which have similar values and aspirations in both the not-for-profit and commercial sectors.






One Vision Housing

Housing association


One Vision Housing is a Registered Provider of Social Housing with approximately 13,000 homes across Sefton, Liverpool and Wirral.We were formed in October 2006, following a successful stock transfer from Sefton Council and are a not-for-profit organisation, regulated by the Homes and Communities Agency.One Vision Housing is part of the Sovini Group which was formed in December 2011.






Pine Court Housing Association

Housing Association


Pine Court Housing Association is a registered social landlord providing over 450 quality affordable homes in Liverpool and Wirral.Formed in 1986, Pine Court Housing was originally established to provide quality homes and housing services for those in need, with a specific focus on the Chinese and South East Asian communities.






Intelligent

Business Sale Experts


Intelligent is unrivalled in the sale and purchase of privately owned SMEs such as Convenience Stores and Hotels, whilst Intelligent Corporate focuses on owner operated companies valued from 0.5million to 10million. The operational business is divided into key sectors, offering market leading advice for both buyers and sellers. Intelligent have developed their business through using bespoke, market leading technology and employing a dedicated, professional team.






RECOMMENDED FOR YOU ON ENTIRELY NORTH WEST