Winckley Square

Preston

£145,000

  • Two bedroom apartment
  • Net yield: 6%
  • Affordable entry price point
  • Excellent connectivity
  • Leasehold – 242 years remaining

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Winkley Square, Preston, PR1 3AW

Asking Price: £145,000

Investment Overview

A well-positioned two-bedroom apartment within Charles House, located on the sought-after Winkley Square in the heart of Preston.

Purchase price: £145,000
Current rent: £895 PCM (£10,740 per annum)
Comparable rents in building: £950 PCM
Net yield: 6.0%
Service charge: £1,869.44 per annum
Ground rent: £156 per annum
Long lease: 242 years remaining
Prime city centre location
Strong demand from professional tenants
Ideal for first-time or portfolio investors

Property Overview

Secure communal entrance
Entrance hallway
Spacious open-plan living/dining area
Modern fitted kitchen
Two well-proportioned bedrooms
Bathroom suite

The property is well suited to professionals, sharers and couples seeking central living, ensuring consistent rental appeal.

Location – Prime Preston Setting

Winkley Square is one of Preston’s most desirable residential addresses, offering attractive Georgian surroundings and green space while being moments from the city centre.

The property benefits from:
Walking distance to Preston railway station (direct services to Manchester & London)
Close proximity to the University of Central Lancashire, supporting ongoing tenant demand
Immediate access to shops, restaurants and amenities
Excellent motorway links via the M6 motorway, M61 motorway and M55 motorway

Summary

A high-yielding, city-centre two-bedroom apartment with a long 242-year lease, established rental performance at £895 PCM, and clear evidence of continued rental demand within the building. Delivering approximately 6% net yield, this represents a low-maintenance and income-generating addition to any buy-to-let portfolio.

LET PURE INVESTOR TAKE THE STRAIN AWAY …

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
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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.

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