£70,000
Winckley House
- 0 beds
£70,000
- 0 beds
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17 Winckley House, 16 Cross Street, Preston, Lancashire, PR1 3AJ
FOR SALE – £70,000.00
Stylish 1-Bedroom Apartment
✦ A Smart Investment or First-Time Buy in the Heart of Preston
Situated in the well-maintained Winckley House development, this modern 1-bedroom apartment offers an excellent opportunity for investors and first-time buyers. Located in the heart of Preston city centre, the property enjoys a prime location just moments from Winckley Square, shops, restaurants, and excellent transport links.
???? Property Features
- Open-plan Living Space—This bright and versatile layout combines kitchen, dining, and lounge areas, perfect for modern city living.
- Fitted Kitchen – Contemporary units with integrated appliances and ample storage.
- Double Bedroom – A peaceful retreat with space for a wardrobe and additional furnishings.
- Modern Bathroom – Stylish three-piece suite with neutral tiling and clean finish.
- EPC Rating: C – Energy efficient and low maintenance.
- Lease: 142 Years Remaining – Long lease providing security and peace of mind.
- Tenure: Leasehold
- Ground Rent - £350.00 per annum
- Service charge - £1,426.49 per annum (1st Dec 2024 – 30th Nov 2025)
???? Investment Potential
Currently vacant, the apartment is ready for immediate occupancy or rental. With an anticipated rental income of approximately £725 PCM, this represents an attractive gross yield of over 12%, making it a compelling buy-to-let investment. Once ground rents and service charges are deducted, the net yield is 10%.
???? Location Highlights
- Minutes from Preston Train Station
- Short walk to UCLan and city centre offices
- Easy access to motorway links (M6, M65, M61)
- Close to Avenham Park and Winckley Square gardens
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