This development is no longer available...
But don’t worry! We have a number of properties available across the UK’s leading buy-to-let locations, ranging from luxury residential developments to modern student accommodation. So, no matter what kind of investment you’re looking for, we’ll have something for you.
Lunar House Overview
Located just off Fishergate, this twenty-unit development is in a highly desirable location in the centre of Preston’s main shopping area. Formerly a solicitor’s office, Lunar House is being refurbished into two-bedroom flats of a high and modern standard. Plus, since the building is only minutes away from Preston Railway Station, Lunar House is perfect for those working in the city centre or commuting elsewhere.
Each floor contains a secure storage area and laundry room, and each apartment comes fully furnished with a fully-fitted kitchen and appliances.
*CGIs are indicative of potential design and are subject to change
Lunar House Investment Highlights
- Gross rent £5,148
- NET yield 6.9%
- All apartments are fully-furnished, completed and tenanted
- Managed by a lettings company
- City centre location
Why invest in Preston?
Preston has blossomed in recent years into a true buy-to-let hotspot. The city benefits from a young and growing population looking to capitalise on both the excellent opportunities on offer in the city as well as those in surrounding areas that are easily accessible for commuters.
According to Foxtons, house prices in Preston have increased by an incredible 60% in the last 10 years and look set to continue to do so for the foreseeable future. In their residential market forecast, Savills predicted that house prices in the North West region are set to increase by a massive 18.8% in the next 5 years, the highest of all regions in the UK alongside Yorkshire and the Humber, and Preston will no doubt play a key part in this growth.
- Luxury bathrooms
- State-of-the-art video intercom
- Bespoke LED cabinet lighting
- Walking distance of town centre
- Good transport links
- Fitted modern kitchen
- Preston Station (0.2 miles)
- Lostock Hall Station (2.5 miles)
- Bamber Bridge Station (2.8 miles)
- University of Central Lancashire (0.3 miles)
- Total Fitness Preston (1 mile)
Why invest with Knight Knox?
Knight Knox make investing in property simple. We are market leaders when it comes to the sale of off-plan buy-to-let properties for the private investor market, and with over 100 years of combined experience, we offer an unparalleled service when it comes to investing in property.
Specialising in both residential and student property, we have sold over 11,000 properties to over 5,500 individual buyers in excess of 110 countries. We strive to ensure that our clients see the best-possible returns in a competitive market sector.
Knight Knox are pioneers in providing high yielding, fully managed properties designed for both tenants to live in and investors to own.