* 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 & restaurants
Property Description A 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.
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Financials: * 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: Leasehold Ground Rent: £475 per year Service Charge: £1,460 per year
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