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  The Sorting
Office

The Heaton Group are proud to have saved this Grade 2-listed Royal Mail Sorting Office in Preston City Centre, developing it into 31 luxury apartments.

Completed in August 2019 this development boasts a fantastic communal roof top terrace and private balconies to a number of apartments. Lettings demand has been overwhelming, taking just 3 weeks for the site to be fully occupied along side the 6 units that were sold to owner occupiers.
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The Property

The Sorting Office offers a selection of 1, 2 and 3 bedroomed apartments. The development also incorporates the Cities first communal rooftop garden along with secure remote access parking,  providing designated parking space's for each apartment.
 
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.

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.
 

 

 

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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

 

 

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The Sorting Office, Development Diary

Our passion is identifying unused buildings and transforming them into luxury spaces the entire community can be proud of. So, when we came across this vacant, grade 2 listed building, we knew we had to save it.

The Development was completed within 24 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.

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

 

 

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