Pole Street, Preston, Lancashire, PR1
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
646 sq ft
60 sq m
Key features
- Stunning Communal Rooftop Gardens
- Concierge Service
- Onsite Amenities Include Fully Equipped Gymnasium
- Shared Co-Working Spaces
- 250 Year Lease
- 7% Rental Yields
- Free Furniture Pack
- £1,000 Towards Legal Fee's
Description
The Exchange is a new development from The Heaton Group, ideally located in Preston city centre.
Comprising 200 stylish apartments, The Exchange is delivering a new standard of premium modern living to the local rental market in the heart of the city's newest emerging neighbourhood.
The blocks vary in size, with Block A having 13 floors, Block B spanning 6 floors, and Block C being the tallest with 15 floors.
Residents will have access to various amenities, including a gym, a concierge service, a resident's lounge, and a roof garden.
For those interested, furniture packages are still in production.
The development is also designed for convenience, with three lifts available.
Regarding tenure and charges, the apartments are on a leasehold basis, with a lease length of 250 years starting from 01.01.22.
Ground rent is set at 0.1% of the list price, with the first review scheduled for 5 years after the start date and every 10 years thereafter, indexed to the Retail Price Index (RPI).
Brochures
Brochure 1Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
250 years left
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Pole Street, Preston, Lancashire, PR1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Preston Station0.7 miles
- Lostock Hall Station2.5 miles
- Bamber Bridge Station2.7 miles
About the agent
Heaton Group, Wigan
52b Wallgate, Wigan, WN1 1BA
The Heaton Group is a family-run development company with a reputation for excellence. Founded in Manchester over Five generations ago, the group has over 50 years? experience, a growing portfolio worth over £50m and a track record you can trust. Leading with an open and personal approach to property development and investment., The Heaton Group prides itself on building quality homes with the incorporation of the latest technology to ensure they stand the test of time for both investors and
Notes
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Visit our security centre to find out moreDisclaimer - Property reference TheExchangeAPT150. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Heaton Group, Wigan. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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