Is Preston the next property hotspot?

Preston has recently been named as one of the cheapest cities in the UK for both buying and renting properties. This recognition is testament to the affordability and growth potential of Preston as an ideal destination for first-time buyers and renters. In this blog post, we will explore some of the key benefits of buying and renting in Preston.

The affordability factor

One of the main reasons why Preston has become a hotspot for first-time buyers and renters is its affordability. The city offers a range of properties at different price points, allowing individuals to find homes that suit their needs and budget. From affordable apartments and terraced houses to larger detached properties, there is something for everyone in Preston.

Rapid development in the city centre

In recent years, Preston has witnessed significant development in the heart of the city, making it a bustling and vibrant place to live. This has resulted in a range of amenities and entertainment options right at your doorstep. From new cafes, restaurants, and bars to shopping centres and green spaces, Preston provides a balanced lifestyle for residents.

Excellent transport links

Preston is well connected to the rest of the UK via motorways and rail networks. The city’s train station offers regular services to major cities, including Manchester and London, making it convenient for commuters. Additionally, Preston Bus Station provides links to various destinations across Lancashire.

Growing economic outlook

Preston’s growing economic prospects make it an attractive destination for both first-time buyers and renters. Lancashire is home to several thriving industries, including manufacturing, healthcare, and professional services. This economic stability offers opportunities for career advancement and the potential for long-term growth.

Contact Lea Hough

Whether you are looking to settle down or purchase an investment property, Preston offers a wealth of opportunities for those seeking affordable and sustainable housing.

Lea Hough Chartered Surveyors offer a range of reports for those looking to purchase or invest in Preston’s property market. These include Valuation Reports, Level 2 Surveys and Building Survey Reports. To discuss which report is right for you or to obtain a quote, get in touch.

Preston Office
Telephone: 01772 458866
Blackburn Office
Telephone: 01254 260196
Clitheroe Office
Telephone: 01200 320040
Lancaster Office
Telephone: 01524 899850
Manchester Office
Telephone: 0161 265 0070
Lea Hough is a trading name of Lea Hough & Co LLP, which is a Limited Liability Partnership registered in England and Wales under partnership number OC306054.
Registered Office: Oakshaw House, 2 Capricorn Park, Blakewater Road, Blackburn, Lancashire, BB1 5QR