2 bedroom flat for sale

Osier Avenue, Hampton Centre, Peterborough

Sold STC £115,000

Property Description

Key features

  • Ready made BTL
  • Tenant in situ
  • Popular rental location
  • Easy access to A1M
  • Excellent transport links to city centre

Full description

**** INVESTMENT OPPORTUNITY WITH TENANT IN SITU ***

RENTAL INCOME FROM DAY ONE!! This fantastic READY MADE BUY TO LET is situated in the ever popular location of HAMPTON CENTRE. This property would be an ideal investment with excellent transport links across the city and close proximity to the A1M this is NOT TO BE MISSED!!

Entrance Hall - Double glazed window to rear aspect storage cupboard, wall mounted radiator and intercom system.

Lounge - Open plan lounge with PVCu french doors to front aspect, fitted with carpet.

Kitchen - Fitted with a matching range of base and eye level units with worktop space over, 11/2 bowl stainless steel sink with single drainer, built-in fridge/freezer, washer dryer with built-in electric fan assisted oven, built-in four ringhob with extractor hood over, PVCu sealed unit double glazed window to rear aspect.

Master Bedroom - Double bedroom, fitted with carpet, PVCu double glazed window to front aspect.

En Suite - Fitted with a three piece suite comprising shower cubicle, pedestal wash hand basin and low level WC

Bedroom Two - Double bedroom, fitted with carpet, PVCu double glazed window to front aspect.

Family Bathroom - Fitted with a three piece suite comprising paneled bath, pedestal wash hand basin, low level WC.

Outside - One allocated parking space

Leasehold Information - The vendor informs us the annual service charge payable is £778.03 from 1st October 2016 - 30th September 2017

The vendor informs us the annual ground rent is £168.61

The vendor informs us the property has 999 years from 2006

Investor Information - Based on a sale at £115k and potential rental income of £675pcm (please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary)
- 75% loan assuming standard BTL loan of 2.49% (interest only)
- Capital used £33,550 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £1,997 = 9.95% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 6.76%

Belvoir Disclaimer - Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate. These Particulars do not constitute a contract or part of a contract


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
04 November 2016

Nearest station

  • Peterborough (2.8 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Belvoir, Peterborough - Sales

1022 Lincoln Road, Peterborough, PE4 6AS

01733 663025 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Peterborough (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Belvoir, Peterborough - Sales

1022 Lincoln Road, Peterborough, PE4 6AS

01733 663025 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26615864. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Belvoir, Peterborough - Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.