Landlord guide for Preston
Preston has a mixed market of student, professional and family tenants, with affordable stock and regeneration in the city centre.
Licensing and local rules
- Mandatory HMO licensing applies to larger shared houses.
- Selective licensing has applied in specific wards, so check the exact address.
- Article 4 controls can affect new HMO conversions near the university.
What the local market looks like
- University demand supports shared houses close to the campus.
- Family lets in the suburbs are longer and lower maintenance.
- Yields are healthy compared with the wider North West average.
Your council
Licensing designations change, so always confirm the position for the exact address with the local authority before you let.