Introducing a luxury 130-unit development in the city centre, featuring superb communal areas, and ground-floor retail spaces.
Prices from: £110,000
Rental income: £800 - £2,265 pcm
Homes: 130 1 to 3-Beds
Project Overview & Features
Situated in a prime location currently receiving over £434 million in investment, Bishopgate Gardens is ideally placed to attract the bustling rental market in the city. Offering one, two, and three-bedroom luxury apartments, Bishopgate Gardens sets a new standard for upscale living in Preston. These high-quality residences are designed with tenants' preferences in mind, enhancing their appeal. It is a perfect property investment opportunity for those seeking to benefit from the robust demand for rental homes in Preston.
Bishopgate Gardens goes beyond just being a building – it aims to create a community. Seven retail spaces surround the inviting plaza, with a florist, barbershop, and deli already on board. Amenities include a chic lounge area, coffee pod café, co-working space, and stunning rooftop gardens on the eighth and eleventh floors. The rooftop gardens offer spectacular city vistas, while a contemporary planting scheme and green wall ensure year-round visual appeal.
250 Years Leasehold Term
Ground Rent Per Unit: 0.15% of unit valuation P.A.
Help to Buy
Furniture Pack Options
Seven Retail Spaces
Plenty of Amenities, and a Rooftop Garden
Luxury living in one of the North West’s fastest growing cities.
Primed For Success.
The ample ceiling height and full-length windows generate opulent, sunlit residences. Vibrant color schemes and sophisticated kitchens and bathrooms enhance the feeling of extravagance provided by Bishopgate Gardens. The exceptional design and amenities will attract considerable interest from Preston's extensive renter population.
It's All About Location.
"The third-largest city in the North West region of England and the largest city in Lancashire, Preston offers outstanding transport connections, a thriving higher education sector, a growing economy and is the subject of an extensive investment programme set to send Preston into the very top of the list of the best places to live in the UK... Preston is set to follow in the footsteps of nearby investment hotspots Manchester and Liverpool – savvy investors have begun securing property in certain areas of the city in a bid to get ahead of the curve." tdpropertyinvestment.com
Not only does Preston boast high employment rates, but the city has also grown faster than many of its Northern counterparts. From 2001 to 2017, Preston had an increase in the population of 8.4%, whereas the average North West region’s population growth was 7.2%.
The city is also experiencing a knock-on boom from one of the largest universities in the UK, The University of Central Lancashire, which has a £200 million transformation plan for new facilities specialising in engineering, manufacturing and aerospace.
Why invest in:
It was voted the best place to live and work in the North West in 2019 & 2020 and rents rose in the city by 4% last year, which is double the national average.