Preston is undergoing substantial regeneration with numerous projects that are creating many employment opportunities. The arrival of these opportunities has brought young professionals to the city seeking high-quality rental properties.
Between 2020 and 2022, smaller cities like Preston saw a sharp rise in demand, a trend anticipated to persist. As the Northwest’s 3rd largest city, Preston is rapidly emerging as one of the UK’s leading investment locations. The timing is critical: estate agents have reported the lowest rental stock levels in recent years, with demand significantly exceeding available supply.
Park House represents a new addition to Preston’s expanding rental sector. This well-finished residential conversion sits in the desirable PR1 postcode and comprises 35 self-contained, 1-bedroom apartments positioned centrally in the city. The scheme directly addresses the acute shortage of rental accommodation in Preston.
Set in Preston city centre, these apartments are positioned to attract substantial tenant interest. We are currently in the pre-launch phase, offering investors the chance to reserve preferred units before the official launch.
Developments of this quality and location are scarce in Preston city centre. With limited units on offer, investors should move promptly to secure the pick of the available apartments.
