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- Call: +44 (0) 161 337 3890
Investment Type: HOLIDAY / SHORT TERM
Est. Completion: COMPLETED
One Bedroom Apartment | £135,000.00 |
Two Bedroom Apartment | £180,000.00 |
Pure Investor are delighted to present 56 West Cliff, a boutique development of restored and refurbished Georgian apartments, perfectly located in the growing economy of Preston, and just over two minutes walk to the mainline train station.
Given the prominent position of 56 West Cliff it is easy to see why it has achieved 100% rental occupancy since the apartments were renovated by the Developer and current owner of the building.
The apartments are all currently furnished to a high standard. Three of the apartments are fully furnished to be let out as short-term lets. The other 8 have the essentials in there for tenants on a long-term rental basis. One of the benefits of 56 West Cliff is the fact there are car park spaces. This is quite rare for a building so central and brings with it added value for both an income and future capital appreciation point of view.
Short Term Lets Opportunity
Investors in West Cliffe will have the opportunity to capitalise on the high demand for short-term rental accommodation throughout the Preston area. Capitalising on the corporate lets market, we have arranged for one of the leading short-term let management operators to offer full management services on our properties within the development.
As such, this development will be able to offer investors estimated net rental returns of 11% per annum on a hands-free basis.
For further details on this development, as well as an analysis on the demand for short term rental accommodation, including average night and occupancy rates, please contact us today via the enquiry form below.
If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.
Any Questions?
Call: +44 (0) 161 337 3890
Preston has been on an upward trajectory since it was granted city status in 2002. Now the third-largest city in the North West, it continues to go from strength-to-strength.
Thanks to a package of private and public sector deals, the city is experiencing a ‘once-in-a-lifetime transformation’ that’s set to level-up its social and business infrastructure with a total forecasted growth of £1bn over the next decade.
Preston also has one of the highest short term rental markets in the UK.
According to 'Airbnb' Preston ranks a score of 77/100 on rental demand compared to Manchester City Centre which is 56/100 and London which is 32/100. This has been reflected in the short term lets in 56 West Cliff which have achieved a 90% occupancy rate since they became available earlier this year.
Call our team today on +44 (0) 161 337 3890
Preston emerges as a dynamic city on the rise, centrally positioned not only within Lancashire and the North West, but across the UK. Its strategic location boasts unparalleled accessibility via rail and road networks, complemented by two international airports reachable within an hour's drive.
Currently reaping the benefits of initiatives such as the City Deal, the acclaimed City Living Strategy, and the Transforming Cities and Towns Fund, Preston demonstrates a proven track record of successful public-private partnerships. It offers expedited growth opportunities and stands as a focal point for development in the UK, with £2.3 billion in leveraged commercial investment, 17,420 new homes, and 20,000 jobs on the horizon.
Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.
We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.
We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.
If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 826 4606.
We look forward to hearing from you!
