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1 bed flat
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Price History
Our Summary
- 4% Yield Apartment 35, Winckley House, 5 Cross Street, Preston, PR1 3LT Key Features: * Fully furnished, modern one-bedroom apartment * Excellent investment opportunity - tenanted with a current 6
- * Located on the second floor of a completed development * Just 5 minutes from Preston Train Station and city centre amenities Property 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
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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.