1 bedroom flat for sale

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 amenitiesProperty 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 suiteThe 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 ParksWhether 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