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£70,000

Winckley House

  • 0 beds
Detached house

£70,000

  • 0 beds
Detached house
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Estimate monthly mortgage payment:

£320 per month

Minimum deposit amount:

£3,500
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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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£320 per month
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