Bishopgate Gardens is a prime city centre development in the heart of Preston, Lancashire. By UK property investment standards, the capital requirements are low and the upside potential is outstanding. The property is adjacent to new civic developments that are transforming the city, including a new leisure centre, cinema and restaurant and multi-million pound renovations of the traditional Market Halls.
Bishopgate Gardens consists of 130 luxury one and two bedroom apartments and duplexes complete with impressive communal spaces including a roof top garden and residents lounge. The development will benefit from a 24-hour concierge service, seven retail units overlooking the plaza, a barbershop, florist and deli store. Fixtures and fittings throughout are to a high specification and furniture packs are available.
This prime real estate investment offering has units available from just £110,000, running up to £315,000 for the prime units for a 250 year lease. The expected yield is 7% gross per annum and there is strong upside potential on capital value. Financing for purchase can be arranged.
Bishopgate Gardens is the City of Preston’s flagship residential development and I expect it to sell quickly so if you are interested get in touch for the full prospectus.