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Winckley House

Preston, United Kingdom

Investment Type: BUY-TO-LET

Est. Completion: Q2 2020

Studio

£70,500.00

One Bed Apartment

£90,000.00

Two Bed Apartment

£112,500.00

  • Up to 7.4% net yield
  • Prime central location
  • 76 high spec off-plan apartments
  • Estimated completion: Q2 2020
CALL +44 (0) 161 337 3890
Purchase Process

Purchase Process

1. Complete reservation form and £5,000 non-refundable reservation fee
2. 25% of purchase price due on exchange (minus the deposit)
3. Remaining amount due on completion

Investment Breakdown

Purchase Price: From £112,500 (2 bed)
Est. Monthly Rental: £750 approx 
Service Charge: £699.66
Ground Rent (excluded): £350 per annum
Net Yield: Estimated up to 7.4% yield
Net Income: £9,000.00 per year

Winckley House - Overview

Investment Highlights

  • 76 high spec off-plan apartments
  • Up to 7.4% net yield
  • Prime central location
  • Contemporary design
  • High specification finishes
  • Estimated completion: Q2 2020


Winckley House is a renovation of an office block overlooking Winckley Square in the centre of Preston. Comprising of 76 high specification studio, one and two-bedroom apartments, Winckley House is the perfect location for young professionals working within the city.

  • Six-storey development with lift
  • 10-year crl warranty
  • Laminate flooring in living areas
  • Carpeted bedrooms
  • Fully tiled bathrooms
  • Full finish kitchen with oven, hob and extractor, washer/dryer and fridge freezer
  • Stunning views of Winckley Square — once an exclusive residential area and now a conservation area of great beauty, superb architecture and is described as a hidden gem in the heart of Preston

Winckley House - Key Points

Location

Location

Preston, United Kingdom

Bedrooms

Bedrooms

1 / 2 bedrooms

Price

Price

£112,500.00

Completion

Completion

Q2 2020

Rental Yield

Rental Yield

Up to 7.1% net yield

Development Availability

PropertySizeBedroomsPriceEnquire
Studio39 square metres-£70,500.00Enquire
One Bed Apartment 41 square metres1£90,000.00Enquire
Two Bed Apartment52 square metres2£112,500.00Enquire

Contact Us

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

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Winckley House - Location

Located in the regeneration zone in the centre of Preston with views over Winckley Square, which is undergoing £1 million redevelopment. The central location of Winckley House means all local amenities (such as restaurants and shopping district) are located in the door step, not to mention the excellent transportation links located a short walk from the site.

Nearby Amenities

Main shopping district – 2 min walk
UCLAN Campus – 10 min walk
Restaurants – 0.2 miles
Train station – 0.4 miles
Manchester city centre – 41 min train

CALL +44 (0) 161 337 3890

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Why Invest

Why Invest in Preston

Voted the best city in north west England in which to live and work, Preston recently beat both Manchester & Liverpool in an assessment of the UK’s largest cities that measured economic success and personal wellbeing.

With over 21% of the city’s population made up of students, many of whom settle after graduating, there is a huge rental demand for high quality accommodation in the city centre, which cannot be satisfied by current supply.

  • 3rd best performing city in the UK for private sector growth in the decade leading up to 2008
  • The 6th top performing city for growth in 2013 - good cities for growth index
  • Attracted more overseas investment in the first quarter of that year than anywhere in the UK outside of the capital
  • £430 million directly invested into central Lancashire
  • Expansion of transport and business infrastructure around Preston
  • Creation of 20,000 new jobs and 17,000 new homes
  • Stimulating a further £2.3 billion worth of local investment
CALL +44 (0) 161 337 3890

Why Choose Pure Investor

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!

Client Testimonials

  • "My wife and I were looking for purpose built student accommodation for investment and, notwithstanding that we were not their clients, the team at Pure Investor took the trouble to identify our goals and then set about helping us to achieve them."

    Peter Taylor | Student Accommodation Investment

  • All the way through the process you have kept us informed and dealt with the negotiations in a most professional way.

    Audrey & Colin | Lancashire

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