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2 Bed Flat, Cash/Bridging Only, Preston, PR1 3AJ £85,000

16 Cross Street, Preston, Lancashire, PR1 3AJ - 2 months ago
  1. Deal Search
  2. Preston
  3. PR1
  4. PR1 3AJ
Leasehold
Auction
Cash
ROI: 8%
48 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

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Property History

Listed for £85,000

October 9, 2025

Description

  • City-Centre Living: Steps from Preston train station and local hotspots. +
  • Modern Open-Plan Living: Bright kitchen and lounge with Juliet balcony overlooking Winckley Square. +
  • Two-Bedroom Apartment: Flexible layout perfect for professionals, couples, or sharers +
  • Strong Investment: High rental demand and solid returns. +
  • Sold with a sitting tenant +
  • Cash Buyers Preferred +

Being sold via Secure Sale online bidding. Terms and conditions apply. Starting bid £85,000.

Set within Winckley House, this smartly presented two-bedroom apartment offers a modern and practical city lifestyle ideal for investors looking for a strong buy-to-let opportunity with a current tenant paying £795 pcm. With solid returns and a well-planned layout, it represents one of the best investment options in Preston.

Inside, the apartment makes excellent use of its 520 sq ft of living space. The open-plan kitchen and living area is bright and inviting, featuring Juliet balcony doors that open to views over Winckley Square, creating a lovely sense of openness and connection to the city. The kitchen is fitted with modern units, integrated appliances and generous counter space, making it a comfortable and easy-to-maintain space for everyday use.

The main double bedroom and the second bedroom is served by modern low maintenance bathroom.

With its thoughtful design, central position and reliable rental demand, this apartment stands out as a strong choice for investors seeking consistent returns. Properties like this remain popular with professional tenants due to their proximity to local offices and transport links.

The location is another major advantage. Winckley House sits just a short walk from Preston train station, offering direct access to Manchester, Liverpool and beyond.

The apartment also enjoys easy reach of Winckley Square, Avenham Park and Miller Park, ideal for a stroll, picnic or some weekend downtime.

With local cafés, shops and restaurants close by, this apartment combines comfort, convenience and city living in one of Preston’s most desirable and well-connected areas.
Kitchen

5.48 x 2.70m

Bedroom 1

4.49 x 2.38m

Bedroom 2

4.28 x 2.15m

Hallway

4.48 x 3.10m

Storage

1.51 x 0.82m

Bathroom

2.40 x 1.96m

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 143
Annual Ground Rent Amount: £457.00
Annual Service Charge Amount: £1,769.00

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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