Buy-to-Let Preston

Preston Buy-to-Let Market

Preston has blossomed in recent years into a true buy-to-let hotspot. In the 12 months to November 2022, house prices in Preston increased by an impressive 10%, according to the government’s UK House Price Index, bettering the likes of Cambridge and Cumbria. This growth follows a massive increase in house prices over the last decade, with prices in Preston rising by 60% in the 2011-2021 period according to Foxtons. With North West house prices set to experience an increase of 11.7% in the next 5 years (Savills), Preston will continue to offer a fine investment location for buy-to-let property.

Regeneration in Preston

Preston is a city which inspires people to invest in its future. A great location, strong businesses, a higher education sector going from strength to strength and a growing reputation for radical economic excellence has resulted in an impressive programme of investment which is changing the city and has massively improved the buy-to-let market in the city.

Connectivity

Preston is one of the most well-connected cities in the UK. Road and rail links to major cities across the country – including Manchester, Liverpool, Glasgow, Birmingham and London – make Preston an ideal place to live and the perfect location for businesses which rely on good logistics. In addition to the current network and the ongoing investment into the road network, Preston will also benefit from the upcoming HS2 high-speed rail network which will reduce journey times from North to South.