Summary - Flat 406, Charles House, 8 Winckley Square PR1 3AW
1 bed 1 bath Apartment
**Standout Features:**
- Buy-to-let opportunity with projected rental income of £850PCM, providing a 7.8% gross yield
- Luxurious furnishings and high-end kitchen with integrated appliances, including a wine cooler and instant boil tap
- Modern open-plan layout in a desirable city center location, just a 5-minute walk from the train station
- 1 bedroom, 1 bathroom, within 430 sqft of well-designed space
- Close to Winckley Square Gardens, parks, and local amenities
**Potential Concerns:**
- Leasehold property with 248 years remaining
- Service charge of £1800 per annum and additional costs for ground rent and insurance
- Situated in an area with very high crime rates and noted deprivation
Welcome to your ideal buy-to-let investment in the heart of Preston! This beautifully furnished ground floor apartment on Winckley Square boasts a chic modern interior combined with luxury finishes. The open-plan living area, featuring a stylish kitchen equipped with top-of-the-line integrated appliances, offers comfort and convenience for tenants. With its prime location and proximity to public transport, parks, and a variety of shops and amenities, this property is perfect for students and commuters alike.
While the location offers significant potential, it's important to acknowledge the high crime rate and service-associated costs. However, with a generous gross yield of 7.8% and a strong rental market around Winckley Square, this well-designed apartment is not only a cozy living space but also a fantastic financial opportunity. Don’t miss out—this property combines contemporary comfort with investment potential.
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