Preston
£125,000
For more information please contact our team:
Asking Price: £125,000
A well-presented one-bedroom apartment located within Charles House on the highly regarded Winkley Square, in the heart of Preston.
Asking price: £125,000
Currently let: £800 PCM (£9,600 per annum)
Potential rent: £850 PCM (£10,200 per annum)
Approx. 6.1% net yield at current rent
Ground rent: £127 per annum
Service charge: £1,524.50 per annum
Long lease: 247 years remaining
Highly desirable city-centre location
Strong demand from professional tenants
Low-maintenance investment ideal for buy-to-let
Upside Potential: Raising rent to £850 PCM increases net income to approx. £8,548.50 per annum, improving the net yield to 6.8%.
EPC – C
The apartment is ideally suited to professionals, couples, or students, offering consistent rental demand.
Winkley Square is one of Preston’s most sought-after addresses, combining historic charm with convenient city-centre living. The property benefits from:
Walking distance to Preston railway station (direct links to Manchester, Liverpool & London)
Close proximity to the University of Central Lancashire, supporting long-term tenant demand
Immediate access to shops, bars, restaurants, and leisure facilities
Excellent road connections via the M6 motorway, M61 motorway, and M55 motorway
A long-lease, city-centre one-bedroom apartment currently let at £800 PCM, with potential to increase rent to £850 PCM, delivering an approximate 6.1% net yield (rising to 6.8% with market rent). Positioned within a proven development on Winkley Square, this property represents a strong, low-maintenance income-generating investment suitable for both new and experienced investors.
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we provide a fully managed service for landlords looking to minimise costs and maximise efficiency.
Fully managed lettings and property management service
Comprehensive coverage throughout England and Wales
One team, one fee across your full portfolio
Rental income protection available
Transfer your existing properties quickly and easily
If you would like to find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team.
If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.
Floorplan
