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Flat 003, 8 Winckley Square, Preston, PR1 3AW

Guide Price

£95,000

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Guide Price

£95,000

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Residential

flat

Vacant

Flat 003, 8 Winckley Square, Preston, PR1 3AW

1

bed

1

bath

1

reception

Council tax: A

Freehold

Rare Resdential Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this vacant 1-bedroom flat located within a prime location in Preston.

  • **Flat 503, Charles House, Winckley Square, Preston PR1 3AW sold for £162,000, Flat 104, 8 Charles House, Winckley Square, Preston PR1 3AW sold for £138,500, Flat 304, 8 Charles House, Winckley Square, Preston PR1 3AW sold for £142,500.**

  • This property presents a fantastic opportunity for a shrewd investor seeking a walk-in condition flat in an exceptional buy-to-let area, offering potential for rental and capital growth.

  • The property could achieve a rental income of £950 to £1,000 per month, equating to £11,400 to £12,000 per annum, providing an impressive 12% to 13% yield if purchased at the guide price.

  • Situated in a prime location, this flat boasts excellent local amenities and transport links, making it an ideal choice for young professionals or students eager to step onto the property ladder.

PRIME NEW LISTING. We are excited to present this vacant 1-bedroom flat located within a prime location in Preston.

The property comprises a welcoming entrance, a spacious hallway, a generously sized bedroom, a modern bathroom, and an open-plan, well-equipped kitchen/living room perfect for contemporary living.

This property presents a fantastic opportunity for a shrewd investor seeking a walk-in condition flat in an exceptional buy-to-let area, offering potential for rental and capital growth.

The property could achieve a rental income of £950 to £1,000 per month, equating to £11,400 to £12,000 per annum, providing an impressive 12% to 13% yield if purchased at the guide price.

Situated in a prime location, this flat boasts excellent local amenities and transport links, making it an ideal choice for young professionals or students eager to step onto the property ladder.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**Flat 503, Charles House, Winckley Square, Preston PR1 3AW sold for £162,000, Flat 104, 8 Charles House, Winckley Square, Preston PR1 3AW sold for £138,500, Flat 304, 8 Charles House, Winckley Square, Preston PR1 3AW sold for £142,500.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

**Location**

Preston is a vibrant city in Lancashire, offering a blend of historical charm and modern amenities. Known for its excellent transport links, the city provides easy access to universities, shopping centres, and cultural hotspots, making it a desirable location for residents and investors alike.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£15,500

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.