2 bedroom flat for saleSt. Mary's Court: Peterborough
Offers in Region of £97,000
- First Floor Flat
- For Sale as an Investment subject to an AST
- Entrance Hall
- Kitchen (with Refurbished Balcony)
- 2 Bedrooms
- Secure Entry System
- City Centre Location
FOR SALE AS AN INVESTMENT SUBJECT TO AN ASSURED SHORTHOLD TENANCY
PRICE: Offers in the region of £97,000 are invited (Subject to contract)
GROSS INCOME: £5,640 p.a.
CUMBERLAND HOUSE forms part of a recently updated and improved purpose-built flat complex located on the corner of City Road and St John's Street, close to the Cathedral and the city centre. Local amenities including a wide range of leisure facilities, schools and the Queensgate shopping centre are within walking distance. The complex has an on-site caretaker and a community meeting/activity room.
THIS TWO BEDROOM FIRST FLOOR FLAT is believed to date from the 1960s.
Viewing is only by prior arrangement through this Agency.
On foot from Queensgate car parks, leave the shopping centre via Boots/Long Causeway and turn left, then first right into Midgate. Continue to the junction and fork right into City Road at the side of the Passport Office. The entrance to the complex is a short distance further on on the right.
We are informed by the Vendor that the property is held on a 125 year lease from 1988. The vendor also informs us that the service charge is approximately £750 per annum but for the 2016/17 period included a one off payment of £3,724.78p for the renewal/refurbishment of the balconies. The ground rent is £10 per annum.
The sale is subject to an existing Assured Shorthold tenancy at a rent of £470 per calendar month.
THE ACCOMMODATION briefly comprises:-
Communal Entrance Hall
Lounge: 19' 1”' x 11' 3” (5.82m x 3.42m)
Kitchen: 12' 5” x 7' 2”, min (3.79m x 2.18m)
Bedroom 1: 12' 6” x 10' 7” (3.81m x 3.22m)
Bedroom 2: 10' 7” x 9' 7” (3.22m x 2.92m)
Bathroom: 6' 7” x 5' 6” (2.01m x 1.68m)
COUNCIL TAX: Band 'A' payable to Peterborough District Council.
Energy Performance Certificate (EPC) graphs
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