When you think of the North-West of England you may think of Liverpool or Manchester. However, Preston is a small city that is on the rise with new homeowners and property investors. Preston has been voted as one of the best places to live in the North-West, above both Liverpool and Manchester, because it still offers a good level of affordability for house buyers and buy-to-let investors. The buy-to-let Preston market is fully expected to boom in the coming months and years because of its status as the UK’s most improved city. Since it won its city status in 2002, the increased level of investment has attracted many new innovative companies to move to the North-West area providing a good level of diverse employment opportunities for local people. For more information visit https://www.apiglobal.co.uk
For overseas property investors looking to expand their portfolio in the UK property market and asking why invest in Preston, API Global has a great investment project to showcase in the shape of the new Bishopgate Gardens luxury development. The new Bishopgate Gardens is being developed by The Heaton Group, a developer that is well known for planning and creating luxury living spaces for the property investment and buy-to-let market. The Bishopgate Gardens development is a conversion of a former office block. It’s distinctive 70’s style gives the development a stylish retro feel with the convenience of sitting in a central location close to local amenities, transport links and the new civic development schemes. With an expected completion date of September 2021, investors are being advised that investment opportunities in the Bishopgate Gardens development are not expected to last long.
The development will offer 130 New contemporary apartments consisting of 1-bedroom, 2-bedroom and duplex apartments with prices starting from £110,000. 1 bedroom apartments range from 412 to 500 square feet while the 2 bedroom and duplexes range from 632 to 831 square feet. The development has a dynamic design and highly refined specifications with a prime city centre location. Amenities include large communal spaces including a rooftop garden with spectacular city views, Coffee pod cafe, co-working area, small commercial units on the ground floor, and a lounge area with a 24-hour concierge. Find out more about investing in Preston and Bishopgate Gardens by visiting the API Global website.
Preston is benefiting from the £434m investment into infrastructure improvements, which includes new major road links in and around the city. With 17,500 new homes being planned, and new businesses locating to the area, the local economy is set to grow by at least £1 billion. Preston is already popular with renters who commute for work to Manchester that is just 40 minutes away and Liverpool that is 50 minutes away by direct train. House prices in the area have increased by 19.56% in the last five years, so now is a good time to invest in Preston property and specifically in the Bishopgate Gardens development. Learn more about other amazing property investment opportunities with API Global by visiting https://www.apiglobal.co.uk
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