1 bedroom coach house for saleWhitacre, Peterborough
Sold STC £85,000
- FREEHOLD PROPERTY
- Total floor area 43sqm
LOOKING TO INVEST IN PROPERTY? This One bedroom FREEHOLD coach house situated within easy reach of the Peterborough City Centre would be an ideal buy to let with potential yields of 6%+. The property benefits from OFF ROAD PARKING AND NEWLY FITTED PVCu DOUBLE GLAZED WINDOWS
Entrance Hall - Electric storage heater, stairs, door to:
Bathroom - Three piece suite comprising deep panelled bath, pedestal wash hand basin and low-level WC, tiled splashbacks, heated towel rail, window to rear, radiator.
Stairs Leading To First Floor -
Lounge - 3.96m x 2.54m max (12'11" x 8'3" max) - Lounge area with fitted carpet, window to front, radiator, open plan to Kitchen/Diner,
Kitchen/Diner - 3.95m x 1.85m max (12'11" x 6'0" max) - Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink unit with single drainer and mixer tap, plumbing for washing machine, space for fridge/freezer, electric point for cooker, two windows to rear.
Bedroom - 3.34m x 2.67m max (10'11" x 8'9" max) - Double bedroom with fitted carpet, window to rear, radiator, door to airing cupboard.
Outside - Off road parking
Investor Information - Based on a sale at £80K and potential rental income of £450pcm (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 at 2.79% (interest only)
- Capital used £23,750 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £2,221 = 9.31% pre tax income on capital used (these assumptions include a maintenance estimate and management charges)
- Gross yield 6.45%
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
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