{"id":2949,"date":"2017-06-26T07:00:39","date_gmt":"2017-06-26T06:00:39","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=2949"},"modified":"2017-06-26T07:00:39","modified_gmt":"2017-06-26T06:00:39","slug":"regeneration-preston-putting-city-in-spotlight","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-au\/news\/regeneration-preston-putting-city-in-spotlight\/","title":{"rendered":"Regeneration in Preston is putting the city into the spotlight"},"content":{"rendered":"<p><strong>A new study recently revealed that all of the UK\u2019s top ten hotspots for buy-to-let investments are located in the North, now there&#8217;s an eleventh spot to keep an eye out for: <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/01\/05\/beat-boom-why-preston-next-investment-hotspot\/\">Preston<\/a>.<\/strong><\/p>\n<p>It\u2019s not only the beautiful character building that make the area such an attractive area, Preston itself is becoming something of a property hotspot, but why?<\/p>\n<p>One simple answer: The University.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"a8bsq4Krjf\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/06\/22\/new-study-locates-10-buy-let-hotspots-englands-north\/\">New study locates all 10 buy-to-let hotspots in England\u2019s North<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;New study locates all 10 buy-to-let hotspots in England\u2019s North&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/06\/22\/new-study-locates-10-buy-let-hotspots-englands-north\/embed\/#?secret=Q1HAVyAR4Z#?secret=a8bsq4Krjf\" data-secret=\"a8bsq4Krjf\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Preston is home to UCLAN (University of Central Lancashire) which attracts a student population of around 30,000. There is also a large staff force that help to run the university, making UCLAN the 5th biggest <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/08\/31\/north-west-home-entrepreneurs-small-businesses\/\" target=\"\" rel=\"noopener noreferrer\">employer in the North West<\/a>.<\/p>\n<p><strong>Great location<\/strong><\/p>\n<p>Preston was awarded city status in 2002 and is now the third largest city in <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/02\/uk-regional-rental-prices-north-west-leading-way-yield-demand\/\" target=\"\" rel=\"noopener noreferrer\">the North West<\/a>. It is well located as a major stop on the West Coast mainline with direct routes across north west England. With Manchester 40 minutes away and Blackburn only 17 minutes away, Preston has strong connections with the whole region.<\/p>\n<p><strong>Exciting investment and regeneration plans<\/strong><\/p>\n<p>The Preston and Lancashire City Deal is a landmark agreement to achieve a once in a lifetime transformation of the area, creating thousands of new jobs and homes. \u00a3435m of new investment will lead to the unprecedented expansion and improvement of the transport infrastructure.<\/p>\n<p>A forecasted 20,000 new jobs and 17,420 new homes are to be created, which is expected to <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/03\/19\/preston-model-guardian-hosts-event-look-closer-city-success\/\">grow the economy<\/a> by \u00a31bn over the next 10 years. Additionally, there is a \u00a350m investment pledged for the Market Quarter area, with plans for a new cinema, retail units, restaurants and a car park.<\/p>\n<p><strong>City centre upgrade<\/strong><\/p>\n<p>The city centre has already benefitted from the City Deal, with the main high street being upgraded to create a contemporary, landscaped shared space for pedestrians and vehicles with modern furniture. Winkley Square (Metres from the main shopping area) has seen improvements to the historic park and surrounding buildings making it <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/06\/15\/asking-prices-across-uk-especially-north\/\" target=\"\" rel=\"noopener noreferrer\">a property hotspot<\/a>.<\/p>\n<p><strong>Fast travel for the future with HS2<\/strong><\/p>\n<p>Virgin trains are spending \u00a31.5m on a major revamp of Preston mainline train station, and a new side entrance is underway in preparation for <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2016\/11\/24\/hs2-whole-route-north-birmingham\/\" target=\"\" rel=\"noopener noreferrer\">the HS2 project<\/a>, which is strongly rumoured to be extended to Preston.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new study recently revealed that all of the UK\u2019s top ten hotspots for buy-to-let investments are located in the North, now there&#8217;s an eleventh spot to keep an eye out for: Preston. It\u2019s not only the beautiful character building that make the area such an attractive area, Preston itself is becoming something of a<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-au\/news\/regeneration-preston-putting-city-in-spotlight\/\" title=\"ReadRegeneration in Preston is putting the city into the spotlight\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":1069,"featured_media":4288,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[322,42],"tags":[22,321,29,314,97,224,41],"class_list":["post-2949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-preston","category-regeneration","tag-buy-to-let","tag-investment-hotspot","tag-investor","tag-north-west","tag-northern-powerhouse","tag-preston","tag-property"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/2949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/comments?post=2949"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/2949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media\/4288"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media?parent=2949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/categories?post=2949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/tags?post=2949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}