2 bedroom apartment for saleCubitt Way, Peterborough
Full description***HIGH SPEC 2 BEDROOM CITY CENTRE APARTMENT*** This very well presented apartment is situated at the heart of the Peterborough City Centre and benefits from a 990 YEAR LEASE as well as secure parking and a balcony. The property further benefits from en suite to master and a secure entry system VIEWING HIGHLY RECOMMENDED call us today!
Entrance Hall - Spacious and bright, laminate flooring with white wash walls throughout. Boiler cupboard with useful storage space.
Lounge / Diner - Large sized room. Laminate flooring with white wash walls. Sky installed. Large patio doors leading to good sized balcony, over looking soon to be completed communal gardens. Open plan to :
Kitchen - Fully fitted. Kitchen includes integrated fridge freezer, washer dryer, dishwasher, single elec oven with elec touch operated 4 ring hob. Marble effect work surfaces with white ceramic tiled flooring. Two windows to rear over looking parking area.
Bedroom One - Large double sized room with fitted carpets and curtains. Multifunctional window (tilts and opens). Phone point. En-suite to master with corner shower cubical, basin, and WC. Window to rear.
Bedroom Two - Double sized room with fitted carpets and curtains. Multifunctional window (tilts and opens). Phone point.
Bathroom - Three piece white suite comprising of bath, Recessed basin into worktops, and WC, Tall heated towel rail. Window to front.
Leasehold Information - The vendor has informed us that there is 990 years remaining on the lease.
The vendor has informed us that the service charge payable is £1,829.31 per annum and the ground rent payable is £250 per annum.
Investor Information - Based on a sale at £145k and potential rental income of £650 pcm (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 £42,350 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £2,625 = 6.20% pre tax income on capital used (these assumptions include a service and ground rent charges and is based on a self managed basis)
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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