1 /11
£110,000
Flat, Cross Street, Preston, PR1
- 1 bed
£110,000
- 1 bed
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Estimate monthly mortgage payment:
£502 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£5,500
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Stylish 1-Bed Apartment - Prime City Centre Location £110,000 5.2% Yield (Up to 12% Potential)
Apartment 33, Winckley House, 5 Cross Street, Preston, PR1 3LT
Key Features:
* ? Fully furnished, modern one-bedroom apartment
* ? Excellent investment opportunity - tenanted with a current 5.2% yield
* ? Potential NET yields of up to 12% via short-term lets (permitted in lease)
* ? Sought-after location overlooking historic Winckley Square
* ? Leasehold: 150 years from 2019
* ? Ground Rent: £457 p.a.
* ? 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.
Currently tenanted and generating £700pcm (5.2% yield), the apartment is fully furnished and designed with modern, open-plan living in mind. The bright and spacious layout includes:
* ??? A large lounge/dining area with integrated kitchen
* ??? One double bedroom
* ?? A contemporary bathroom suite
The apartment benefits from short-term let permissions, offering savvy investors the option to increase NET yields to up to 12%, subject to management.
Location:
Set in the prestigious Winckley Square Conservation Area, this apartment offers a peaceful green outlook just moments from city life. You'll be within walking distance to:
* Preston Train Station (less than 5 mins)
* High street shops, bars, and restaurants
* Avenham & Miller Parks
Whether you're expanding your portfolio or seeking a modern base in central Preston, Apartment 33 at Winckley House delivers location, lifestyle, and excellent return potential in one attractive package.
Enquire now to arrange a viewing or request further financial breakdowns.
* PLEASE NOTE: Images are of a similar apartment in the same block. Viewings of the actual property can be arranged upon request.
Tenure: Leasehold (150 years)
Ground Rent: £457 per year (reviewed every 146 years)
Service Charge: £1,644 per year
Apartment 33, Winckley House, 5 Cross Street, Preston, PR1 3LT
Key Features:
* ? Fully furnished, modern one-bedroom apartment
* ? Excellent investment opportunity - tenanted with a current 5.2% yield
* ? Potential NET yields of up to 12% via short-term lets (permitted in lease)
* ? Sought-after location overlooking historic Winckley Square
* ? Leasehold: 150 years from 2019
* ? Ground Rent: £457 p.a.
* ? 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.
Currently tenanted and generating £700pcm (5.2% yield), the apartment is fully furnished and designed with modern, open-plan living in mind. The bright and spacious layout includes:
* ??? A large lounge/dining area with integrated kitchen
* ??? One double bedroom
* ?? A contemporary bathroom suite
The apartment benefits from short-term let permissions, offering savvy investors the option to increase NET yields to up to 12%, subject to management.
Location:
Set in the prestigious Winckley Square Conservation Area, this apartment offers a peaceful green outlook just moments from city life. You'll be within walking distance to:
* Preston Train Station (less than 5 mins)
* High street shops, bars, and restaurants
* Avenham & Miller Parks
Whether you're expanding your portfolio or seeking a modern base in central Preston, Apartment 33 at Winckley House delivers location, lifestyle, and excellent return potential in one attractive package.
Enquire now to arrange a viewing or request further financial breakdowns.
* PLEASE NOTE: Images are of a similar apartment in the same block. Viewings of the actual property can be arranged upon request.
Tenure: Leasehold (150 years)
Ground Rent: £457 per year (reviewed every 146 years)
Service Charge: £1,644 per year
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£502 per month
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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