Station Terrace, Preston

Located less than a 5 minute walk from Preston City Centre, Station Terrace is a Victorian renovation, comprising of sixteen one-bed apartments and one two-bed apartment with secure parking. Just a walk away from the city’s parks and marina, this is not your typical luxury development.

The apartments have been designed to maximise space and light, and many of the apartments benefit from unique features such as duplex levels, balcony’s and private gardens. The terrace has real curb side appeal, with intricate original stone door surrounds and the regions traditional red brick.

 

 

Station Terrace Case Study Info 1

 

The Property

Station Terrace offers a selection of 1 and 2 bedroomed apartments, each benefitting from the latest technology and bespoke finishes. Each apartment makes full use of the latest residential technology, including state-of-the-art eco-friendly heating systems and proximity access within the building itself.
 
ANPR technology is installed on the secure car park enabling tenants to access the site either with remote fobs or by the system simply recognising their registration plate.

Why Did We Choose Preston?

Preston is the 3rd largest city in the NorthWest, and with property prices growing 8% in the last 12 months the city it looks set to follow a similar journey as its close neighbours Manchester and Liverpool.
 
The city is home to University of Central Lancashire which is the North West’s 5th biggest employer and attracts around 30,000 students to the city. While the city continues to be a hit with new businesses following huge investment, and a dramatic upgrade one of the city’s main high streets. Preston has also seen a huge increase in graduate retention, with 37% of graduates staying in the area for work following graduation.
 
Prestons railway station is a major stop on the West Coast main line, and provides easy access to the North West of England and beyond. A trip to Liverpool will take you 50 minutes while you’ll be in Manchester in just 40 minutes.

 

 

Station Terrace Case Study Info 4

 

Investor Returns

The Sorting Office, proved a resounding success with the rental market, with the development fully tenanted within 3 weeks of completion. The site is now set up and running ready to deliver the returns our valued investors have sought.

Make a Rental Enquiry

 

 

Station Terrace Case Study Info 2

 

Station Terrace, Development Diary

The Development was completed within 14 months, during which time all the apartments sold off plan to a mixture of buy to let investors and owner occupiers.

Following completion, investors took advantage of our expert property management team, who quickly identified and qualified suitable tenants.

This meant it wasn't long before our investors began seeing a return from the property.

Want To Invest In Preston?

The Heaton Group are continuing to target Preston as a key location for development and investment. With three successful, completed apartment blocks in the city, we currently have one large development of 130 apartments underway and another in the pipeline.
 
We know there is very high rental demand in Preston, with all our developments in the city letting quickly and demand increasing.
 
Enquire about investment opportunities in Preston today.
 
Make a Rental Enquiry

 

 

Station Terrace Case Study Info 3