2 bedroom apartment for sale

Cross Street, , PR1

£125,500

Property Description

Key features

  • Studio flats 66,500
  • One bedroom apartments 88,500
  • 2 bedroom apartments 125,500.
  • Reservation Fee 1,000
  • Payment Structure 30% on exchange.
  • Full amount on Completion.
  • Estimated Completion Date February 2019.
  • 150 year Leasehold
  • Ground Rent 350

Full description

Guild House is a 4 storey development of Studios, 1, 2 & 3 bedroom apartments located in the heart of Preston City Centre. The development is designed with white gloss kitchens and integrated appliances. The apartments are located within a high demand rental area and designed to attract young professionals within the city centre.

This is a fantastic opportunity for investors to own an apartment on the stunning Georgian Winckley Square. Apartments in this area are always in high demand from corporate and professional tenants. The apartment is situated just a five minute walk from the train station (35 minutes to Manchester), award-winning Miller Gardens and the city centre,with its huge selection of bars, restaurants and shops.

Centred around open gardens, the square is home to some impressive Georgian architecture just 50 yards from Preston’s main retail district.

Built on the north bank of the River Ribble, Preston is a city and the administrative centre of Lancashire, England. The district obtained city status in 2002, becoming England’s 50th city in the 50th year of Queen Elizabeth II’s reign. There’s a rich history to Preston, commonly known as the Guild City. From its fine architecture and fantastic parkland to a rich sporting heritage and bustling nightlife.

Preston Named the Best City to live & Work in the North-West of England PWC Good Growth for Cities index of economic success and personal wellbeing in UK’s 42 largest cities, had Preston leading the Northern Powerhouse for Growth.
Well Connected.

Connected to 4 major motorways and rail networks. Located just 1 hour from Manchester and just over 2 hours to London. A £1.5 million upgrade of the station is currently taking place with a new station entrance and concourse. Further investment includes the electrification of the Preston to Manchester via Bolton line and the proposed HS2 Hub Station.

Cutting Edge Industry.
Number 1 in the UK for both advanced manufacturing and aerospace with 500 aerospace supply chain companies; The areas is home to the 4th largest aerospace cluster in the world. Home to 50,000 businesses generating £28 billion per year. Second largest GVA increase between 2014 and 2015.

World Class Universities.
According to the Centre for World University Rankings 2016 UCLan is estimated to be amongst the top 3.7% of all worldwide universities. It is also ranked at 924 among the 25,000+ degree-granting institutions of higher education worldwide. It is the highest position ever achieved by the University in the CWUR rankings and is up from inclusion in the estimated top 3.8% last year.

Situated north of Manchester, Preston is home to UCLAN (University of Central Lancashire) which brings around 30,000 students to the city. One of the UK’s biggest universities (6th in the UK), UCLan has a distinguished global reputation. And two years ago, in 2015, the Centre for World University Rankings placed UCLan in the top 3.8 percent of all worldwide universities.
One of the city’s biggest achievements is the Preston and Lancashire City Deal. This is a landmark agreement to achieve a transformation of the area, creating thousands of new jobs and homes. A total £434m new investment is pledged, 20,000 new jobs are forecast and 17,420 new homes will be created.

The deal will provide a huge boost to the local economy, which is expected to grow by £1 billion over the next ten years. The Masterplan pushes Preston as key destination within the northern powerhouse developments prior to the arrival of the planned HS2 network in the city which would see prices and investment jump on again.

Reservation Fee £1,000
Payment Structure 30% on exchange. Full amount on Completion.
Estimated Completion Date September 2018
Ownership Type 150 year Leasehold
Ground Rent £350
Specifications
Apartments unfurnished with white gloss and integrated appliances.

Estimated Rental Yield Studio £425-£450 per month
1 Bed £595-£625 per month
2 Bed £750-£775 per month
3 Bed £975-£1,025 per month
Optional Rental Void Assurance Upon finding a tenant 5 year void insurance available


Listing History

Added on Rightmove:
16 July 2018

Nearest stations

  • Preston (0.3 mi)
  • Lostock Hall (2.3 mi)
  • Bamber Bridge (2.6 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Move On Estate Agents, Bolton

854 Bury Road, Bolton, BL2 6NY

0161 468 0675 Local call rate

How much will it cost me to call the number displayed on the site?

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Map & Street View

Nearest stations

  • Preston (0.3 mi)
  • Lostock Hall (2.3 mi)
  • Bamber Bridge (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Move On Estate Agents, Bolton

854 Bury Road, Bolton, BL2 6NY

0161 468 0675 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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