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2 bedroom house for sale

Central Court, Peterborough

Sold STC £120,000

Property Description

Key features

  • 250 YEAR LEASE
  • Total floor area 54sqm

Full description

** NEARLY NEW HIGH SPEC CITY CENTRE APARTMENT ** Central Court is situated in the heart of Peterborough City Centre. This offers fantastic City Life for young professionals that work locally as well as commuters who work in such areas as London and Cambridge, as both the bus and railway stations are in close proximity.

Location - Peterborough is one of the fastest growing cities in the UK, which is delivering a billion pound regeneration programme, and boasts unrivaled transport links and exciting plans for growth.This development will offer fantastic City Living for those who work locally but also for commuters who work in such areas as London and Cambridge as they are located in close proximity to the bus and railway stations.

Entrance Hall - Fitted with Wooden effect laminate flooring, door leading to;

Open Plan Kitchen/ Lounge - Fitted with a matching range of base and eye level units and work top space over with stainless steel sink. The kitchen has built in Smeg oven and hob and extractor hood, integrated fridge/freezer. Fitted with wood effect laminate flooring

The lounge area benefits from a UPVc double glazed window overlooking the development

Master Bedroom - Double sized bedroom fitted with wooden effect laminate flooring, UPVc double glazed window to rear aspect, Door leading to;

Bedroom Two - Double sized bedroom fitted with wooden effect laminate flooring, UPVc double glazed window to rear aspect

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

Investor Information - Based on a sale at £125k and potential rental income of £700 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 £36,350 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £4,270 = 11.75% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 6.46%

Leasehold Information - The property has 250 years remaining on the lease

The vendor informs us the ground rent is £300 per annum

The vendor informs us the service charge is £550 per annum

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:
01 November 2016

Map & Street View

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