1 Bedroom Flat, Cross Street, Preston, PR1

Just round the corner from Preston’s most sought after square, this smart one-bedroom apartment gives investors the edge - combining a heritage location curb appeal with modern efficiency, just a short walk from the station.

You get all the Georgian charm outside - with none of the Georgian draughty sash windows or need for constant upkeep inside.

Professionals love the walk-to-everything lifestyle. Students settle here after graduating. And Airbnb guests book for the Winckley Square picture postcard views and come back for the clean, modern finish and city-centre convenience.

Inside, you’ll find a bright, open-plan living space with a modern fitted kitchen, a double bedroom and a clean, tiled three-piece bathroom with a shower over the bath.
There’s laminate flooring through the living space, cosy carpet in the bedroom and a separate storage cupboard off the hallway to keep things clutter-free.

Purchased in 2020 by the current owner as part of a high-quality office conversion, the apartment still feels fresh and ready to let. And with a long lease already in place, it's a low-hassle option for investors who want simplicity and strong returns from the start.

With demand from both short-stay guests and long-term tenants far outstripping local supply, this is a smart investment that works from day one.
Whether you're letting to city workers, students or weekend visitors, this flat gives you a prime postcode that quietly delivers reliable returns.

Currently the property is rented out at £725pcm on a long term AST or you have the potential to achieve up to £700 per week as a short term let.

A prime Winckley Square location paired with a modern, low-upkeep apartment - perfect for investors seeking flexible income from both long-term lets and high-yield short stays.

Please note that the photos of the lounge, kitchen, and bathroom represent the property in a vacant state

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 143
Annual Ground Rent Amount: £450.00
Annual Service Charge Amount: £1,427.00

Bedroom
3.55 x 3.32m

Kitchen
6.04 x 3.10m

Bathroom
2.49 x 1.98m