56 West Cliff

56 West Cliff - Overview

Pure Investor are delighted to present 56 West Cliff, a boutique development of restored and refurbished Georgian apartments, perfectly located in the growing economy of Preston, and just over two minutes walk to the mainline train station.

Given the prominent position of 56 West Cliff it is easy to see why it has achieved 100% rental occupancy since the apartments were renovated by the Developer and current owner of the building.

The apartments are all currently furnished to a high standard. Three of the apartments are fully furnished to be let out as short-term lets. The other 8 have the essentials in there for tenants on a long-term rental basis. One of the benefits of 56 West Cliff is the fact there are car park spaces. This is quite rare for a building so central and brings with it added value for both an income and future capital appreciation point of view.

Short Term Lets Opportunity

Investors in West Cliffe will have the opportunity to capitalise on the high demand for short-term rental accommodation throughout the Preston area. Capitalising on the corporate lets market, we have arranged for one of the leading short-term let management operators to offer full management services on our properties within the development.

As such, this development will be able to offer investors estimated net rental returns of 11% per annum on a hands-free basis.

For further details on this development, as well as an analysis on the demand for short term rental accommodation, including average night and occupancy rates, please contact us today via the enquiry form below.