Summary - Cross Street, Preston, Lancashire, PR1 3AN PR1 3AN
2 bed 2 bath Apartment
Compact modern apartment near Preston station — ideal for first-time buyers or investors..
- Two bedrooms with good storage and private main en-suite
- Bright open-plan kitchen and living area, modern fittings
- 143 years remaining on lease; leasehold sale at auction
- Annual ground rent £350 and service charge £1,152
- Electric room heaters; no gas central heating
- Compact size ~545–554 sq ft, ideal for city living
- Walking distance to Preston station, parks and amenities
- Local area records very high crime and greater deprivation
Set on the second floor of Guild House, this compact two-bedroom apartment offers a modern open-plan living space and a private en-suite to the main bedroom. At around 545–554 sq ft it’s a manageable, bright home with scope to personalise the kitchen and décor to your taste.
Practical details matter: the property is leasehold (143 years remaining) with annual ground rent of £350 and service charge of £1,152. Heating is electric via room heaters rather than central gas, which can increase running costs for some buyers. The apartment will be sold via Secure Sale online bidding; auction terms and conditions apply.
Location is a strong selling point — a short walk from Preston station and close to Winckley Square, Avenham and Miller Park. That city-centre position makes it attractive to commuters, students and landlords seeking corporate or professional tenants. Council Tax Band A and double glazing are additional practical benefits.
Be candid about downsides: the wider area records very high crime levels and the neighbourhood is classified as deprived, which may affect buyer comfort and some mortgage or insurance terms. For first-time buyers seeking a central, low-maintenance base or investors targeting steady rental demand, this apartment presents clear potential when weighed against the location and running-cost considerations.
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