Preston is one of the North West’s smaller cities. It has great transport links to the lake District, Liverpool, Lancaster, and Manchester and as such, makes it popular with commuters looking for lower rents.
One of the advantages of its location is that it is also very close to the faded glory of traditional seaside towns such as Southport, Lytham St Annes, and Blackpool.
The city centre is well served by a variety of bars, clubs and restaurants and has some decent shopping – there again, with a journey time to the Trafford Centre of around forty minutes, hard core shoppers needn’t be put off. Of course, one of the deeply undersold benefits of living in Preston and the surrounding area is the fantastic far north supermarket, Booths. Seriously, it’s that good.
Preston has also been deemed to be one of the happiest places to live, according to The Lancashire Evening Post. This might well be because of Preston’s historic bus station – no kidding.
The bus station is one of Britain’s leading examples of Brutalist architecture and is a Grade II listed building. As if that wasn’t enough, Preston bus station is rumoured to be Europe’s second largest, an accolade too gargantuan to truly appreciate without tongue firmly in cheek.
In terms of things to do, Preston really does have all sorts for everyone. There’s the National Football Museum, the Harris Museum and Art gallery, Brockholes Nature Reserve, and all sorts of wonders of the natural world given its unique location.
So where should you buy to let in Preston?
Riversway Docklands is a relatively new development of businesses, leisure, homes, entertainment, and shopping. It is home to many young professionals and is packed to the ears with two bed flats. If you’re looking to target the affluent young professional, Riversway Docklands could be the spot you’re looking for.
Ashton is a mid-priced area of Preston that is popular with a socially diverse range of people from all income brackets. It’s in walking distance of the city centre and universities, and also has good schools – something that attracts both young professionals and families.
Plungington is the foremost student area of Preston. With the University of Central Lancashire, otherwise known as UCLAN and an easy commute to Lancaster University as well, Preston’s heartbeat may well have a student vibe to it. Think take-aways, wheelie bins and lots of late nights and if that grabs your fancy, Plungington could be the area for you.
Preston is a city on the smaller side that really does have something for everyone. If you live anywhere in the northwest, and are looking to become a buy to let investor, Preston is well worth considering thanks to its excellent transport connections. Whether you’re looking to rent to students, families, young professionals and anyone else besides, this buzzing little city is packed full of charm and could be just the place you’re looking for.
As ever, make sure you do your own extensive research before you take that plunge and buy to let in Preston.