62 Winckley House, Cross Street, Preston 1 bed apartment for sale

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62 Winckley House, Cross Street, Preston 1 bed apartment for sale

62 Winckley House, Cross Street, Preston
£100,000

Our Summary

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

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.