Summary - FLAT 71, THE EXCHANGE, PERCY STREET PR1 1AX
2 bed 1 bath Apartment
Fully furnished sixth-floor apartment in Preston’s new Exchange development — ideal for investors.
Sixth-floor two-bedroom apartment with balcony and furnished open-plan living
Built 2022 with 248-year lease remaining
Annual service charge approximately £1,990
All-electric heating via room heaters; higher running costs possible
Located near UCLan, central shopping and transport links
Sold via secure online auction — terms and conditions apply
This sixth-floor, two-bedroom apartment in The Exchange offers contemporary, turn-key accommodation in Preston’s growing regeneration zone. Sold via secure online auction, it arrives fully furnished with open-plan living, a fitted kitchen, two double bedrooms and a balcony — ready for immediate occupation or rental.
The development provides useful communal facilities including a resident lounge, roof garden, gym, concierge and secure bike storage. Its proximity to UCLan, central shopping and transport links supports strong lettings demand from students and young professionals as the area undergoes major redevelopment.
Buyers should note material costs: the property is leasehold (248 years remaining) with an annual service charge of £1,990 and all-electric heating. The building is new (constructed 2022) but the local area is described as very deprived; regeneration plans are underway and may change the neighbourhood profile over time.
This lot is offered at auction with secure sale terms. The combination of long lease, full furnishings and nearby university makes this a clear option for investors seeking immediate income, or buyers wanting a low-move-in option in a city-centre development.
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