£85,000
2 bed flat for saleCross Street, Preston PR1
2 beds
1 reception
- Auction
Pattinson - Auctions
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About this property
City-Centre Living: Steps from Preston train station and local hotspots.
Modern Open-Plan Living: Bright kitchen and lounge with Juliet balcony overlooking Winckley Square.
Two-Bedroom Apartment: Flexible layout perfect for professionals, couples, or sharers
Strong Investment: High rental demand and solid returns.
Sold with a sitting tenant
Cash Buyers Preferred
Summary
Being sold via Secure Sale online bidding. Terms and conditions apply. Starting bid 85,000.
Set within Winckley House, this smartly presented two-bedroom apartment offers a modern and practical city lifestyle ideal for investors looking for a strong buy-to-let opportunity with a current tenant paying 795 pcm. With solid returns and a well-planned layout, it represents one of the best investment options in Preston.
Inside, the apartment makes excellent use of its 520 sq ft of living space. The open-plan kitchen and living area is bright and inviting, featuring Juliet balcony doors that open to views over Winckley Square, creating a lovely sense of openness and connection to the city. The kitchen is fitted with modern units, integrated appliances and generous counter space, making it a comfortable and easy-to-maintain space for everyday use.
The main double bedroom and the second bedroom is served by modern low maintenance bathroom.
With its thoughtful design, central position and reliable rental demand, this apartment stands out as a strong choice for investors seeking consistent returns. Properties like this remain popular with professional tenants due to their proximity to local offices and transport links.
The location is another major advantage. Winckley House sits just a short walk from Preston train station, offering direct access to Manchester, Liverpool and beyond.
The apartment also enjoys easy reach of Winckley Square, Avenham Park and Miller Park, ideal for a stroll, picnic or some weekend downtime.
With local cafs, shops and restaurants close by, this apartment combines comfort, convenience and city living in one of Preston's most desirable and well-connected areas.
Kitchen
5.48 x 2.70m
Bedroom 1
4.49 x 2.38m
Bedroom 2
4.28 x 2.15m
Hallway
4.48 x 3.10m
Storage
1.51 x 0.82m
Bathroom
2.40 x 1.96m
Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 143
Annual Ground Rent Amount: 457.00
Annual Service Charge Amount: 1,769.00
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 7.2% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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