Price :Starting Price £120,750
Rental Yield :6% net yields, assured 2 years
Completion Date :Q3 2021
Deposit Interest :n/a
Tenure :250 years leasehold
Developer :Heaton Group
Bishopgate Gardens is the renovation project of an old office block with a perfect location in the heart of Preston. Bishopgate Gardens will be a residential development project with 130 luxury apartments and resident lounges and a 24-hour concierge, communal roof gardens and a range of retail units including Barber shop, Flower Shop and Delicatessen Store, coffee shop. With its unrivaled location and high-quality facilities, Bishopgate Gardens will see the highest demand among Preston's tenants.
- Prices starting from £ 120,750
- Under market value
- Common lounge, work areas and roof garden Furniture packages and parking spaces
- Central city location
- Secure development
- Birmingham Junction, 44 minutes by HS2.
- Birmingham, 50 minutes by HS2, 96 minutes currently.
- London, 78 minutes on HS2, 128 minutes currently.
Situated within the PR1 postal code in Preston, Bishopgate Gardens is minutes away from everything the city offers. There is an excellent rental demand in the area today, as there is not a huge supply of apartments in the city center and 22% of all apartments are rental properties. With a further investment of £ 434 million over the next 10 years, this will lead to 20,000 new jobs in the city center. With a significantly higher employment rate than the UK average and one of the UK's largest universities located half a mile from Bishopgate Gardens, this project will provide a resource of young professionals securing high occupancy levels.
HS2- The integrated high-speed station in Preston will be in the heart of one of the UK's most networked cities.