5 Best Reasons To Invest In Preston

Of all Lancashire’s 14 districts, Preston has the most business enterprises, with 5,165 individual registered businesses and being home to major technical manufacturers including BAE Systems.
1. Strong Business Economy

Strong Business

Of all Lancashire’s 14 districts, Preston has the most business enterprises, with 5,165 individual registered businesses and being home to major technical manufacturers including BAE Systems.

 

2. Growth and Yield

BTL Growth

Lancashire is one of the largest local economies in the North of England, currently generating over £23 billion in GVA per annum and supporting nearly 620,000 jobs.

Preston is actually the third-largest city in the North West and offers a number of options to suit all investors. For those interested in the BTL market, figures from Zoopla state that over the last 5 years prices have increased by a substantially healthy 13.14%.

 

3. Students

Students

There are 3 Universities in and around Preston, including UCLan. UCLan is located in the centre of Preston, and employs over 3,000 staff and is home to well over 30,000 students. Graduate retention is a focus of northern cities as they fight to retain the talent that their local universities have nurtured. Figures from 2014/15 suggest that Preston’s graduate retention rate is 22%.

 

4. Location

Lake District

It enjoys first class transport connectivity, with the M6 forming the north-south spine of its road network while the M65, M55 and M61 radiate out to East Lancashire, the Fylde Coast and Greater Manchester. It's served by two international airports Manchester and Liverpool.

It's access to superb landscape including more than 300 square miles designated as Areas of Outstanding Natural Beauty and the Lancashire Golf Coast, offering some of the best courses in the country, regularly hosting the Open Championship.

 

5. Investment In Preston

Preston-2

Preston is benefiting from multiple investment and regeneration programmes such as the brand new cinema and leisure complex with restaurants, renovated Victorian market halls and complete transformation of the surrounding public realm (less then 50 meters from Bishopgate Gardens!).

 

Bishopgate Gardens is the Heaton Group's latest development in the Preston area in the city centre. This flagship project is completing in Q4 2021 and apartments are available to purchase.

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For more information on any of our other developments, call us on 01942 251 945 or email info@heatongroup.co.uk


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