Reasons to invest in Preston

What makes Preston such a great place to invest?…….

£440 Million government investment in the City as part of the City Deal to improve infrastructure, public realm and transport in and around the City.

15 Year Regeneration Plan including the’ Stoney Gate’ Masterplan due to commence in 2021 on of the largest regeneration schemes outside of Manchester creating a green ‘Urban Village’ in the heart of the City centre along with mixed use leisure and office space. The ‘Markets Quarter’ regeneration scheme which began in 2018 and is due to complete in 2022 with a full refurbishment of the old Victorian markets and the creation of a new indoor market and the final phase combining  leisure, cinema and retail complex.

18,000 people employed within the aerospace sector at two BAE Systems sites at Samlesbury and Warton

38,000 people study or work at the University of Central Lancashire (UCLan) which has been ranked the top modern university in the North West for the fifth year running.

300 million pounds redevelopment of Adelphi Square by UCLan

500 registered student start-up businesses ranking UCLan as top entrepreneurial university in the North West. It also has strong partnerships with organisations such as BAe Systems, Cisco and Sony Computer Entertainment Europe.

500 hectares of parks, green spaces, wildlife habitats, play areas and allotments within the city including the award-winning City Centre historic Avenham and Miller Parks making Preston one of the greenest Cities in the UK.

45 minute drive from Preston to the Lake District or the Yorkshire Dales National Parks and we are on the doorstep of the Forest of Bowland Area of Outstanding Natural Beauty and the varied Lancashire coastline.

22,000 houses to be built in the Preston area over the next 10 years.

22% growth in employment in the ten year period to 2018, nearly 3 times the regional average and 2 times the national average

800,000 people of working age within a 25 mile radius with 25% of the total UK workforce within 50 minute drive time.

42% increase in business travel to Preston in the last 5 years

2 hours to London on the West Coast Main Line, 2 hours 20 minutes to Glasgow and 40 minutes to Manchester.

4 million passengers a year through Preston railway station which is set to undergo a major refurbishment becoming an official HS2 hub leading to passenger numbers almost doubling

4 major motorways intersect at Preston giving motorway access from all points of the compass.

4 international airports readily accessible from Preston within 1 hours drive.

We are experts at helping property investors in Preston and surrouding areas to get the best possible return on their investment.

If you’re based in Preston, surrounding areas or further afield contact us to book your buy-to-let consultation today.