Flat,  Cross Street, Preston 1 bed apartment for sale

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Flat, Cross Street, Preston 1 bed apartment for sale

Flat , Cross Street, Preston
£100,000

Our Summary

  • 8% Yield (Up to 12% Potential on Airbnb model)Apartment 33, Winckley House, 5 Cross Street, Preston, PR1 3LTKey Features:* Fully furnished, modern one-bedroom apartment* Excellent investment opportunity - tenanted with a current 5
  • * Located on the second floor of a completed development* Just 5 minutes from Preston Train Station and city centre amenitiesProperty Description: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

Description

This stylish one-bedroom apartment is located in the prime city centre of Preston, overlooking historic Winckley Square. The fully furnished property is currently tenanted, generating a 5.8% yield, and has permission for short-term lets, offering the potential for up to 12% NET yields. With a modern, open-plan layout, the apartment features a large lounge/dining area, one double bedroom, and a contemporary bathroom suite. The property is situated just 5 minutes from Preston Train Station and city centre amenities, and is within walking distance to parks, shops, bars, and restaurants. The leasehold apartment has 150 years remaining and a ground rent of £457 per year, making it an attractive investment opportunity for those seeking strong, immediate returns.