PR1 3LT - 2 bedroom apartment for sale in Cross Street, Preston, PR1

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

Summary - Cross Street, Preston, PR1 PR1 3LT

2 bed 2 bath Apartment

Affordable two-bed apartment near Preston station — ideal for first-time buyers or investors..
Second-floor two-bedroom apartment with en-suite to main bedroom
Bright, compact two-bedroom apartment in the Guild House conversion, offered at auction with a low starting bid. The open-plan kitchen/living area and well-proportioned bedrooms (master with en-suite) deliver a practical city-living layout across approximately 545–554 sq ft. The interior is stylish and largely ready to move into, with scope to personalise finishes and add value.

Location is a key strength: a short walk to Preston station and close to Winckley Square, Avenham and Miller Park. The block attracts students and professionals, so the apartment is a suitable buy-to-let or first-home in a well-connected central spot. Broadband is average but mobile signal is excellent for commuters and renters.

Be clear about the drawbacks: the property sits in a very high crime and deprived area, which will influence insurer and tenant considerations. It is leasehold (approx. 145 years remaining) with an average service charge of £1,100 and will be sold via secure online auction (terms apply). These factors affect running costs and sale process timing.

Overall this is an affordable city-centre opportunity for first-time buyers seeking transport links and park access, or investors targeting strong local rental demand. Buyers wanting a quieter, low-crime neighbourhood or long-term freehold ownership should look elsewhere.

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