SOLD OUTAvailable

The Sorting Office

'Smart Technology' build-to-rent apartments

Price
SOLD OUT

Rental yields up to 6%
Fully managed, hands-free investment
Below RICS valuation

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Location

PR1 8HU

Completion

Complete

Lease

250 year leasehold

Yield

Estimated rental yields of 6%

Layouts

1 & 2 bedroom apartments

More information

The Sorting Office in Preston, Lancashire boasts high-spec properties fitted with the latest in smart technology and a luxurious rooftop garden.

With great rental yield prospects and high potential for capital appreciation, it’s the perfect opportunity for build-to-rent investors. These modern ‘smart homes’ offer simpler management, lower costs and smarter rental options. Using HG Smart Technology, investors, landlords and tenants alike are able to combat rising energy prices, manage contracts and monitor usage levels using smartphone technology.

The immediate location is the beneficiary of numerous large scale investments, with regeneration uplifting an already reputable area. As such, price growth for flats in PR1 is up 8.92% year-on-year, according to market experts, Zoopla.

Preston, Lancashire

Preston is the UK’s newest city, located in Lancashire in the north-west of England between the major cities of Manchester and Liverpool and the coastal town of Blackpool. After achieving city status in 2002, Preston has been the target of huge levels of investment and regeneration which have seen its economy boom in recent years, and the area is now a hotspot for property investors. Investors looking for a better value starting point can look to Preston for its competitive house prices, while it continually ranks in the top 10 places for rental yields in the UK. The Sorting Office is within walking distance of everything Preston has to offer, and just around the corner from the train station, giving easy access to Manchester, Liverpool and the surrounding towns.

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Preston The Sorting Office

Questions? For the latest availability and pricing call us on UK +44 (0) 333 123 0320 (open 9am-6pm GMT) or HK +852 6699 9008 (open 9am-6pm HKT) or request details now.

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DISCLAIMER: All financials and ROI's are estimates and only for illustrative purposes. BuyAssociation are a marketing agent that presents direct developer and owner stock to property investors and buyers. Sales are conducted direct between the buyer and the vendor. Every care is taken to ensure that all marketing materials, prices, floor plans, visuals, brochures are correct at time of issue however these do not constitute property particulars for contractual purposes. Please be sure to check all final materials ahead of signing any purchase contract. Property prices can go down as well as up. Homes can be repossessed if you do not keep up with payments. Properties purchased off-plan or incomplete can be open to further risks and losses to buyers. We urge buyers to seek legal advice where possible and must stress that investing in property does carry risk.

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I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I can receive promotional communications made by a person who is authorised by the Financial Conduct Authority which relate to investment activity in non-mainstream pooled investments;
the investments to which the promotions will relate may expose me to a significant risk of losing all of the property invested.

I am a self-certified sophisticated investor because at least one of the following applies:

(a) I am a member of a network or syndicate of business angels and have been so for at least the last six months prior to the date below;
(b)I have made more than one investment in an unlisted company in the two years prior to the date below;
(c) I am working, or have worked in the two years prior to the date below, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;
(d) I am currently, or have been in the two years prior to the date below, a director of a company with an annual turnover of at least £1 million.

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

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I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:

I had, throughout the financial year immediately preceding the date below, an annual income to the value of £100,000 or more. Annual income for these purposes does not include money withdrawn from my pension savings (except where the withdrawals are used directly for income in retirement).
I held, throughout the financial year immediately preceding the date below, net assets to the value of £250,000 or more. Net assets for these purposes do not include:
- (a) the property which is my primary residence or any money raised through a loan secured on that property; or
- (b) any rights of mine under a qualifying contract of insurance; or
- (c) any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled; or
- (d) any withdrawals from my pension savings (except where the withdrawals are used directly for income in retirement).
I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me to seek advice from an authorised person who specialises in advising on non-mainstream pooled investments.

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