PR1 3AJ - 2 bed winckley square apartment in Preston, PR1 3AJ

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2 bedroom apartment for sale in Cross Street, Preston, PR1

Summary - Cross Street, Preston, PR1 PR1 3AJ

2 bed 1 bath Apartment

City-centre two-bedroom close to transport and local amenities.
Two double bedrooms within 520 sq ft of efficient living space
Open-plan kitchen/lounge with Juliet balcony overlooking Winckley Square
New-build unit with modern kitchen and integrated appliances
Excellent transport: short walk to Preston train station
Strong rental demand — good potential for buy-to-let returns
Leasehold: 142 years remaining; annual service charge ~£1,768
Ground rent approx £457 per year; sold at auction (Secure Sale)
Local area: high crime rate and wider area deprivation
Set within Winckley House, this compact two-bedroom apartment offers efficient city-centre living across 520 sq ft. The modern open-plan living space includes a fitted kitchen, Juliet balcony overlooking Winckley Square and generous natural light, creating a comfortable base for professionals, sharers or buy-to-let tenants.

The property is a new-build, well-maintained and ready for immediate occupation or letting. Its location is a major asset: a short walk to Preston rail station with direct links to Manchester and Liverpool, and close to Winckley Square, Avenham Park, cafés and restaurants that keep rental demand steady.

Buyers should note this is a leasehold apartment with 142 years remaining, an annual service charge of approximately £1,768 and ground rent of about £457. It will be sold at auction via Secure Sale online bidding (terms apply), with a starting bid of £85,000.

The wider neighbourhood is classified as cosmopolitan student and commuter areas with higher crime levels and relative deprivation. While that supports strong rental demand, it may be a consideration for purchasers seeking long-term owner-occupation or quieter streets.

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