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£170,000 Mortgage options

1 bedroom apartment for sale

LANCASTER ROAD, PRESTON PR1

New build

£170,000 Mortgage options

1 bedroom apartment for sale

LANCASTER ROAD, PRESTON PR1

New build

Description

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Property features

  • Tenure: Leasehold

Nearest stations

Preston (0.5mi.)
Lostock Hall (2.4mi.)
Bamber Bridge (2.7mi.)

Nearest schools

school icon  Imam Muhammad Zakariya School (0.3mi.)
school icon  St Augustine's Catholic Primary School (0.3mi.)
Good
school icon  Mountwood Academy (0.3mi.)
Good

Property description

CASH BUYER INCENTIVE. CALL NOW FOR DETAILS.


2 bed properties Range from:-

Prices from £170,000-£245000

Floor sizes from 632sq ft- 934sq ft.

Estimated yields of 7% gross

Mortgageable with Help to Buy option available

Communal lounge and rooftop garden

Furniture packs & car parking spaces available

Estimated completion Q3 2021

Prime city location

Well established and respected developer

First Time Buyers/ Owner Occupiers

Mortgage Option

1. Complete reservation form and £5,000 reservation fee

2. 20% of purchase price minus the reservation fee payable on exchange of contracts

3. 80% of purchase price on completion

Investors

Cash Option

1. Complete reservation form and £5,000 reservation fee

2. 25% due on exchange of contracts

3. 25% of purchase price stage payment

4. 20% of purchase price stage payment

5. Remaining 30% of purchase price due on completion


Bishopgate is a conversion of a former office block, vacant since early 2019. Built in a distinctive 1970's style, the building is in a prime spot for modernisation in line with the exciting new civic development schemes underway in the area such as; Stoney Gate Masterplan, Cinema and Restaurant Complex and the Bus Station Square.

This ambitious scheme will be a flagship residential development for The Heaton Group and the City of Preston, comprising of 130 luxury apartments, impressive communal spaces with residents lounge and 24 hour concierge, communal rooftop gardens and 7 retail units overlooking the plaza including, Barber shop, Florist and Deli Store.


First Time Buyers/ Owner Occupiers

Mortgage Option

1. Complete reservation form and £5,000 reservation fee

2. 20% of purchase price minus the reservation fee payable on exchange of contracts

3. 80% of purchase price on completion

Investors

Cash Option

1. Complete reservation form and £5,000 reservation fee

2. 25% due on exchange of contracts

3. 25% of purchase price stage payment

4. 20% of purchase price stage payment

5. Remaining 30% of purchase price due on completion


Please contact the office with any questions regarding this fabulous development. We anticipate given the developers reputation and central location of this build, you will need to be quick to reserve your preferred apartment.

Why Invest 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.

House prices in Preston have increased by 19.56% in the last five years.

Preston has easy access to the M6, M61, M65 and the M55, all key Northern motorways.

The Preston economic model has been so successful it is now being trialled in other towns across the UK.

The University of Central Lancashire is based in Preston and supports 40,000 staff and students.

Preston is only 40 minutes from Manchester and 50 minutes from Liverpool by direct train.

Preston was named the UK's most improved city.

The Preston and Lancashire City Deal is worth £434m and is transforming the city's infrastructure.


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Map

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Call 0121 659 2170

DISCLAIMER

Property reference H7pb2SO87OY. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Capital Portfolio - Stonnall. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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