1 bed flat

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.