The Exchange is made up of 200 residential units, with a mixture of one-, two- and three-bedroom, high-specification apartments spread over three separate blocks.
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.
Within walking distance of central shopping areas, UCLAN university and transport links (including the new HS2 station), The Exchange sits within the hotly anticipated Stoneygate regeneration masterplan. This will create a new ‘urban village’ for Preston, underlining the city’s appeal as a desirable destination to live, work and play. Preston is currently at the centre of an impressive growth phase with £1bn of economic growth forecast over the next 10 years. The city is set to benefit from 17,420 new homes and the creation of around 20,000 new jobs as commercial investment in the region tops £2.3bn. Preston is in the process of levelling up to provide a serious rival to the major towns of the North like Manchester, Liverpool and Leeds. With properties selling fast, there’s never been a better time to invest or buy.
The Exchange at a glance
- Reservation deposit £5,000
- 1 bed prices from £132,415
- 2 bed prices from £195,537
- 3 bed prices from £241,582
- Only three beds available
- Offers a residents lounge, roof garden, a gym, hotel-style concierge and secure bicycle storage
- Within easy reach of the UK’s major hubs including Manchester, Liverpool, Glasgow, Edinburgh, Birmingham and the capital city, London
- Preston 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
Watch the webinar
Take a look around
Development specifications
Kitchen
- Flat slab doors with premium gloss or matte finish
- Worktop - solid core, high-resistance laminate in a range of colours/styles to suit interior design scheme
- Oven, hob and fridge freezer - approved supplier (2 yr guarantee available),
- LED downlights
Bedroom
- Carpet
- Wall finish - Johnson Paints or similar, to match interior design scheme
- Bedroom door - HPL laminate pre-finished; HD white; standard solid core
Bathrooms & en-suite
- Bath (Shower over) - White steel contract bath; 1700 x 700 or similar
- Bath taps and mixer Contract-specified mixer tap; to interior design selection
- Basin Mineral-cast 600w x 450w inset sink to vanity unit and basin mixer tap Contract-specified mixer tap; to interior design selection
- BTW white WC with concealed cistern; contract-specified to match interi- or design scheme
General
- Smoke detectors as required by Building Regulations for resident safety
- Door entry system - Intercom system and fob access door system for heightened security
- Data points & USB sockets - White within apartment living space
- Fob access door system (Paxton or similar) for heightened security
Fast facts
The Exchange is a brand new, off-plan development and 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.
£241,582
Starting price
7.5%
Net yield
Q3 2023
Completion date
Buying property in preston
Preston is a well-connected city. Located just above (and almost equidistant to) Manchester and Liverpool, it is logistically desirable for both businesses and those looking for an up-and-coming city to call home.
Located on the West Coast mainline, it’s within easy reach of the UK’s major hubs including Manchester, Liverpool, Glasgow, Edinburgh, Birmingham and the capital city, London.
Preston is also firmly in the commuter belt for its larger neighbours which are currently experiencing rapid expansion and dramatic growth in city centre postcodes. With fast and direct services to Manchester and Liverpool in under an hour - it’s an attractive proposition for any renters looking for affordable housing with all the benefits of city centre living.
Those looking to escape the day-to-day can also find the UK’s famous UNESCO World Heritage site, the Lake District, on their doorstep. The city gives its residents access to not only one of the most breathtaking landscapes in the country, but in the world.
Development location
preston, United Kingdom
Walk
St. George's Shopping Centre
11 mins
Tesco Express
14 mins
University of Central Lancashire
14 mins
Drive
Blackpool
38 mins
Lake District National Park
49 mins
Manchester
55 mins
Train
Liverpool
76 mins
Birmingham
123 mins
London
172 mins
Cycle
Sainsbury's
11 mins
Grange Park
16 mins
Lockstock Hall Station
19 mins
Request more details
Useful documents
We’ve provided some relevant information about this development, including the brochure and floorplans which you can download to view at any time.
For more information about this development or any general enquiries, please use the contact form above.
