£95,995
1 bed flat for saleCross Street, Preston PR1
1 bed
Leasehold
About this property
City Centre Location
Modern One Bedroom Apartment
Great Investment Opportunity
Just round the corner from Preston’s most sought after square, this smart one-bedroom apartment gives investors the edge - combining a heritage location curb appeal with modern efficiency, just a short walk from the station.
You get all the Georgian charm outside - with none of the Georgian draughty sash windows or need for constant upkeep inside.
Professionals love the walk-to-everything lifestyle. Students settle here after graduating. And Airbnb guests book for the Winckley Square picture postcard views and come back for the clean, modern finish and city-centre convenience.
Inside, you’ll find a bright, open-plan living space with a modern fitted kitchen, a double bedroom and a clean, tiled three-piece bathroom with a shower over the bath.
There’s laminate flooring through the living space, cosy carpet in the bedroom and a separate storage cupboard off the hallway to keep things clutter-free.
Purchased in 2020 by the current owner as part of a high-quality office conversion, the apartment still feels fresh and ready to let. And with a long lease already in place, it's a low-hassle option for investors who want simplicity and strong returns from the start.
With demand from both short-stay guests and long-term tenants far outstripping local supply, this is a smart investment that works from day one.
Whether you're letting to city workers, students or weekend visitors, this flat gives you a prime postcode that quietly delivers reliable returns.
Currently the property is rented out at £725pcm on a long term AST or you have the potential to achieve up to £700 per week as a short term let.
A prime Winckley Square location paired with a modern, low-upkeep apartment - perfect for investors seeking flexible income from both long-term lets and high-yield short stays.
Please note that the photos of the lounge, kitchen, and bathroom represent the property in a vacant state
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 143
Annual Ground Rent Amount: £450.00
Annual Service Charge Amount: £1,427.00
Bedroom
3.55 x 3.32m
Kitchen
6.04 x 3.10m
Bathroom
2.49 x 1.98m
You get all the Georgian charm outside - with none of the Georgian draughty sash windows or need for constant upkeep inside.
Professionals love the walk-to-everything lifestyle. Students settle here after graduating. And Airbnb guests book for the Winckley Square picture postcard views and come back for the clean, modern finish and city-centre convenience.
Inside, you’ll find a bright, open-plan living space with a modern fitted kitchen, a double bedroom and a clean, tiled three-piece bathroom with a shower over the bath.
There’s laminate flooring through the living space, cosy carpet in the bedroom and a separate storage cupboard off the hallway to keep things clutter-free.
Purchased in 2020 by the current owner as part of a high-quality office conversion, the apartment still feels fresh and ready to let. And with a long lease already in place, it's a low-hassle option for investors who want simplicity and strong returns from the start.
With demand from both short-stay guests and long-term tenants far outstripping local supply, this is a smart investment that works from day one.
Whether you're letting to city workers, students or weekend visitors, this flat gives you a prime postcode that quietly delivers reliable returns.
Currently the property is rented out at £725pcm on a long term AST or you have the potential to achieve up to £700 per week as a short term let.
A prime Winckley Square location paired with a modern, low-upkeep apartment - perfect for investors seeking flexible income from both long-term lets and high-yield short stays.
Please note that the photos of the lounge, kitchen, and bathroom represent the property in a vacant state
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 143
Annual Ground Rent Amount: £450.00
Annual Service Charge Amount: £1,427.00
Bedroom
3.55 x 3.32m
Kitchen
6.04 x 3.10m
Bathroom
2.49 x 1.98m
Mortgage calculator
Monthly repayment
£480 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (142 years)
Service charge
£1,427 per year
Council tax band
A
Ground rent
£450
Ground rent date of next review



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