THE EXCHANGE

Preston, South Ribble and Lancashire City Deal

Location

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The Exchange is a 200 unit development offers elevated modern living in Preston’s newest emerging neighbourhood. The Exchange is a brand new, off-plan development from The Heaton Group, ideally located in Preston city centre. Comprising 200 stylish apartments, The Exchange will deliver a new standard of premium modern living to the local rental market, right in the heart of the city’s newest emerging neighbourhood.

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Residents will benefit from a host of on-site amenities, including a gym, concierge and secure bicycle storage, making this a luxury development which will appeal to young professional renters. Setting The Exchange apart from other developments, the scheme will also offer a residents lounge and roof garden, helping to create a relaxing community space for tenants to meet and unwind.

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Preston has been on an upward trajectory since it was granted city status in 2002. Now the third-largest city in the North West, it continues to go from strength-to-strength. Thanks to a package of private and public sector deals, the city is experiencing a ‘once-in-a-lifetime transformation’ that’s set to level-up its social and business infrastructure with a total forecasted growth of £1bn over the next decade.

Investment Highlights:

  • 1, 2 & 3 bed units across 14 floors
  • (3 beds available)
  • Mortgage: Yes
  • Amenities include concierge services, Gymnasium, Residents Lounge, Roof Garden
  • Tenure: 250 years leasehold
  • Ground Rent: Peppercorn (0)
  • Building Warranty: 10 years structural warranty

Here is the full brochure for the development: