Back to all Investments
From £95,000

The Preston

  • From £95,000
  • Gross Yield: 8.2%
  • Completed

Register your Interest

  • Video

  • Investment Highlights

    • Prices from as little as £95,000
    • Iconic listed building
    • Yorkshire's biggest developer
    • 1 and 2 bedroom apartments available
    • Limited parking
    • Riverside location
    • New York style loft apartments
    • Exclusive, off-market, opportunity - you won't find this on Rightmove!
    • Launching worldwide - don't miss out
    • Leeds location
    • Excellent price-point
    • Knowledge Quarter location


    • Parking
  • Property Description

    The Preston

    The Preston perfectly marries a historic limestone industrial exterior with contemporary interior design. Boasting quick transport links into Leeds City Centre and an abundance of nearby amenities: consequently, The Preston strikes an attractive balance between downtown convenience and residential tranquillity.

    The Preston Specification


    • Telephone operated main front door entry system with handset in each apartment
    • Push button entry operation for residents to main front door
    • Apartment paint finishes to be white for ceilings and woodwork but natural hessian emulsion paint to walls
    • Timber flooring overlain with two layers of plasterboard with a chipboard top and underlain with fireproof plasterboard to meet fire and soundproofing requirements
    • Carpet tiles to bedrooms
    • Vinyl plank flooring to bathrooms & en-suites


    • Zanussi electric single oven, ceramic hob and Indesit 60cm Chimney Hood extractor as well as Glass Splash-back above hob area
    • Carron Phoenix single bowl stainless steel sink with chrome mixer tap
    • Up stands to match worktops
    • Integrated fridge freezer
    • Chrome down-lights


    • White close coupled toilet with chrome dual flush
    • A white hand basin set in driftwood vanity unit and chrome tap and waste
    • White bath with side (and end panel if applicable) white chrome mixer shower, riser rail and waste and single shower screen
    • Chrome downlights
    • Fully height tiling to bath side and one end with half height tiling to remainder of bathroom

    The Preston is Strategically Located in the Knowledge Quarter

    The Preston is strategically located in the sought-after Knowledge Quarter of Leeds: its close proximity to the City Centre, the local universities and top employers make this area especially popular with students and professionals. The numerous schools near to The Preston and the surrounding areas also attract many families to the neighbourhood.

    High Rental Demand is Expected For The Preston

    This mixed rental demographic ensures investment durability and a large degree of dynamism at The Preston: high demand in this part of Leeds has been proven with neighbouring schemes like IconInc. Therefore your investment is future-proofed with long-term rental demand and growth.

    Investment Opportunity at The Preston, Leeds

    With apartments in The Preston available from just £95,000, assured here is capital growth. There is no better time to invest in Leeds. Guaranteed to generate high returns from both rents and capital appreciation is property investment in this thriving Northern heartland. At The Preston investors can expect strong gross yields of 8.2%.

    Future Capital Growth Prospects

    Some of the biggest employers in the city have offices within walking distance of The Preston, such as ITV on the nearby Kirkstall Road, Leeds General Infirmary, and numerous businesses on Wellington Street. The Wellington Place development will see Sky Bet move their HQ to the address. Furthermore, HMRC is creating a purpose-built 378,000sqft government hub here. The Channel 4 HQ is less than 1.5 miles away from The Preston, which makes the development a natural choice for its employees.

    The Knowledge Quarter

    Thanks to its vibrant atmosphere and great local amenities, many students choose to live in this area during their studies. The high spec of The Preston is guaranteed to be popular with international students on large scholarships as well as graduate students studying for Masters degrees and PhDs.

    With over 35% of students opting to stay in Leeds after graduation, tenancies won’t end just because their courses have. Additionally, the Preston is in the perfect location for professionals to take advantage of the employment opportunities in the area.

    Kirkstall Road Regeneration Site

    This large brownfield site sits immediately next to The Preston. There will be 257 new homes, three commercial units as well as a brand new public space to serve the growing community.

  • Property Address

    United Kingdom
    LS4 2AQ

  • Property Gallery

  • Arrange a Viewing

    Fill in the form below and we'll get in touch to arrange a viewing at this property as soon as possible.

    Integrated Form

Register Your Interest

Integrated Form


  • From £95,000
  • Yield: 8.2%
  • Completed



Download Brochure

Just fill in your details below and click 'download'.

Integrated Form

Regeneration Work Begins at Historic Leeds City Centre Building

30th June 2022

Work has begun to transform a historic Leeds office block into modern apartments. Fairfax House, the 1960s office block located on the corner of Merrion Street and Wade Lane, will be rejuvenated thanks to a Leeds investment project.   Transformati …

Read More

Work Brought Forward for Leeds Lisbon Square Development

25th June 2022

The start of work on two build to rent towers at Leeds Lisbon Square has been brought forward. The £300million property investment project will now begin in this summer following a deal struck between development partners Marrico Asset Management and H …

Read More

Over 1,400 New Homes Approved for Leeds Kirkstall Road

23rd June 2022

Plans have been approved for a major new housing development in the west of Leeds city centre. The 1,437 new homes will be located on what is currently brownfield land on Kirkstall Road, in the city’s Knowledge Quarter.   The development is just t …

Read More

Call Us:
Leeds: +44 (0) 113 4264 444
Manchester: +44 (0) 161 2449 060

Or Request A Call Back

North Property Group is a member of the Property Ombudsman.

CMP Logo

Copyright © North Property Invest
Powered By Spotlight Studios

Registered in England and Wales, Registered Office: One Brewery Wharf, Waterloo Street, Leeds LS10 1GX, Company Number: 10761978

Contact Us

Integrated Form

Join The Investors Club

Integrated Form

Calculate my Stamp Duty

Register your Interest

Integrated Form