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2 bedroom house for sale

Huntly Road, Peterborough

Sold STC £118,000

Property Description

Key features

  • Total floor area: 74m

Full description

**2 BEDROOM FREEHOLD INVESTMENT PROPERTY CLOSE TO CITY CENTRE** 2 bedroom mid terrace -8.91% pre tax income on £34.9k capital employed (based on 25% deposit and 2.79% int only loan inc managed fees and service/ground rent charges) - Gross Yield 5.71%.

Entrance Hall - Entrance hall with carpeted stairs leading to first floor and door leading to lounge and;

Kitchen / Diner - Fitted with a matching range of base and eye level units with worktop space over, 1/12 stainless steal sink with single drainer, space for a fridge freezer and plumbing for a washing machine. Door leading to rear garden.

Lounge - Lounge fitted carpet, PVCu double glazed sliding door leading to conservatory, PVCU double glazed window to front aspect

Conservatory - Fitted with carpet with door leading to rear garden

Master Bedroom - Double sized bedroom fitted with PVCu double glazed windows to front and rear of the property. Fitted carpet.

Bedroom Two - Double sized bedroom, UPVc double glazed window, fitted with carpet

Family Bathroom - Fitted with a three piece suite comprising of paneled bath with electric shower over, WC and wash hand basin.

Outside - Good sized rear garden mainly laid to lawn with mature trees surrounding.

Investor Information - Based on a sale at £120k and potential rental income of £550 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 of 2.79% (interest only)
- Capital used £34,950 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £3,114 = 8.91% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 5.71%

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

Listing History

Added on Rightmove:
23 June 2016

Map & Street View

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