£110,000
Est. Mortgage £551 per month*Get Pre-Qualified

1 bedroom flat for sale

Cross Street, Preston
flat flat
bedroom 1 bedroom

Property description

Stylish 1-Bed Apartment - Prime City Centre Location | NOW £110,000 | 5.5% Yield (Up to 12% Potential)
Apartment 33, Winckley House, 5 Cross Street, Preston, PR1 3LT


* Fully furnished, modern one-bedroom apartment
* Excellent investment opportunity - tenanted with a current 5.5% yield
* Potential NET yields of up to 12% via short-term lets (permitted in lease)
* Sought-after location overlooking historic Winckley Square
* Leasehold: 150 years from 2019
* Ground Rent: £457 p.a.
* Located on the second floor of a completed development
* Just 5 minutes from Preston Train Station and city centre amenities

Property
An ideal opportunity for investors seeking strong, immediate returns, this stylish second-floor apartment is located in the highly regarded Winckley House development in the heart of Preston.
Currently tenanted and generating £700pcm (5.2% yield), the apartment is fully furnished and designed with modern, open-plan living in mind. The bright and spacious layout includes:
* A large lounge/dining area with integrated kitchen
* One double bedroom
* A contemporary bathroom suite
The apartment benefits from short-term let permissions, offering savvy investors the option to increase NET yields to up to 12%, subject to management.

Location:
Set in the prestigious Winckley Square Conservation Area, this apartment offers a peaceful green outlook just moments from city life. You'll be within walking distance to:
*Preston Train Station (less than 5 mins)
*High street shops, bars, and restaurants
*Avenham & Miller Parks

Whether you're expanding your portfolio or seeking a modern base in central Preston, Apartment 33 at Winckley House delivers location, lifestyle, and excellent return potential in one attractive package.

Enquire now to arrange a viewing or request further financial breakdowns.

* PLEASE NOTE: Images are of a similar apartment in the same block. Viewings of the actual property can be arranged upon request.

Tenure: Leasehold (150 years)
Ground Rent: £457 per year (reviewed every 146 years)
Service Charge: £1,644 per year
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First listed

Over a month ago

Cross Street, Preston

Marketed by

Residential Estates - Chester Kinnerton House, Bell Meadow Cuckoos Nest, Pulford CH4 9EP
Call agent on 01244 988842
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Based on a 25 year mortgage, with a 10% deposit and a 4.50% interest rate.

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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Residential Estates - Chester. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Residential Estates - Chester for full details and further information.