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1 bed property, in 62 Winckley House, £100,000
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1 bed flat

62 Winckley House, Cross Street, Preston
£100,000
-11.1%

Price History

Initial price £112,500
Jan 24, 2025 £107,500
Oct 2, 2025 £100,000
Price Change -11.1%

Our Summary

  • 7%Key Features:* Strong Investment Opportunity - Tenanted 1-bed apartment generating £725 pcm* High NET Yield - 5

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Description

This is a fantastic investment opportunity in the heart of Preston city centre, offering a strong yield of 5.7%. The property is a fully furnished one-bedroom apartment on the fourth floor of Winckley House, overlooking historic Winckley Square. With a current rental income of £725 per month (£8,700 per annum), this tenanted property is ready to provide immediate returns.

The apartment features a modern, stylish finish and includes a secure parking space, a rare benefit in the city centre. The location is highly desirable, just a short walk from Preston train station, shops, restaurants, and leisure amenities. With a low maintenance service charge of £1,460 per annum and a ground rent of £475, this property offers a hassle-free investment opportunity.