"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.