£100,000
Est. Mortgage £457 per month*

1 bedroom flat for sale

Preston, PR1
flat flat
bedroom 1 bedroom

Property description

Tenanted 1-Bed Apartment with Parking - Prime Investment in PrestonPrice: 100,000Location: Apartment 62, Winckley House, Winckley Square, PrestonTenure: LeaseholdRental Income: 725 pcm / 8,700 paNET Yield: 5.7%* Strong Investment Opportunity - Tenanted 1-bed apartment generating 725 pcm* High NET Yield - 5.7% return, perfect for investors* Prime City Centre Location - Overlooking historic Winckley Square* Fully Furnished - Ready-made investment with furniture included* Secure Parking Space - Rare city centre benefit* Low Maintenance - Service charge 1,460 per annum* Fourth Floor Apartment - Modern, stylish finish* Excellent Connectivity - Less than 5 minutes' walk to train station, shops, bars & restaurantsProperty DescriptionA fantastic opportunity for investors to acquire a stylish, fully furnished one-bedroom apartment in the heart of Preston city centre, currently producing a NET yield of 5.7%.Situated on the fourth floor of the sought-after Winckley House development, this well-presented property comprises a spacious open-plan kitchen/living area, a comfortable double bedroom, and a modern bathroom.The apartment is tenanted on a rolling contract, generating 725 per calendar month (8,700 per annum), offering investors immediate income. A secure parking space is also included, adding further value.Perfectly located overlooking the historic Winckley Square, the property benefits from being just a short walk from Preston train station, shops, restaurants and leisure amenities, making it highly desirable for tenants.Watch the video walk through here:https://youtu.be/ficGnMJ8OgEFinancials:* Purchase Price: 100,000* Service Charge: 1,460 per annum* Ground Rent: 475* Annual Rent (25/26): 8,700* Yield: 5.7% NET?? Enquire today to secure this rare city centre investment with strong returns and proven rental demand.Tenure: LeaseholdGround Rent: 475 per yearService Charge: 1,460 per year

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First listed

Over a month ago

Preston, PR1

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Residential Estates Kinnerton House, Bell Meadow, Cuckoos Nest,,Pulford, Chester,,Cheshire,CH4 9EP
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