Charles House, Winckley Square, Preston, PR1 — One-Bed Apartment

Overview

A tenanted one-bedroom apartment in Charles House, the landmark office-to-residential conversion on Winckley Square in Preston city centre (PR1), completed in 2021. The apartment is let at £800 per calendar month — a passing rent of £9,600 per annum and a gross yield of around 8.35% at the £115,000 asking price. Long leasehold, EPC band C.

Investment highlights

• Tenanted one-bed apartment — passing rent of £9,600 per annum (~8.35% gross)
• Winckley Square address — Preston’s premier city-centre square
• 2021-completed conversion — modern specification, EPC band C
• Long leasehold; an accessible city-centre income unit