A former six-storey tax office building is being transformed into 70 stylish apartments that will be sold for more than £139,000 each.

The remodelling of the old central HMRC tax office building in the centre of Lancashire will soon see 55 single-bedroom apartments and 15 two-bedroom apartments go on the market when the development is completed in 2022.

Ideal for professionals who want to live in a sought-after location, the apartments will be situated in the heart of Preston's Winckley Square, with residents being given vehicle access to a private covered car park set beneath a cantilevered rear section.

Solomon New Homes, a property firm that specialises in developing modern and stylish residential apartments from unused or unloved commercial buildings, will be taking on the mammoth task of converting the old tax office, and have employed award winning interior designers to curate beautiful spaces within.

Solomon founder Andrew Ward said: “It’s an interesting development for us as it’s set in an attractive and much sought-after location in Preston.

"The first property was built there in 1799 and it quickly became the city’s most fashionable address.

“It’s also an area seeing massive inward investment and part of a wider region that’s tipped to see over 27 percent growth in average prices by the end of 2024.”

Winckley Square is flanked by the professional head offices of legal and accounting practices and, despite the presence of a handful of upmarket residential properties, it is still regarded as the city’s principal office district.

Mr Ward continued: “We look forward to breathing a new lease of life into this old tax office building, the conversion involves a complete remodelling of the interior, creating high quality apartments purposely designed for professionals.

"The transformation of Charles House works towards satisfying the hunger for high-end homes from first-time buyers and professionals as the drive to encourage city centre living continues.”

Prices start from £139,700 and the development is on track to be completed in quarter two of 2022.