1 bedroom apartment for sale

Park Road, Peterborough

Sold STC £129,500

Property Description

Key features

  • 495 sqft approx
  • 46 sqm
  • 125 Year Lease
  • Gross yield 6%

Full description

** TOP FLOOR APARTMENT**An opportunity to acquire this contemporary one bedroom apartment situated in one of UK's most commutable cities. This luxuary one bedroom apartment is the LAST ONE BEDROOM UNIT REMAINING on the top floor. CALL US TODAY TO BOOK A VIEWING

Geneva House - Geneva House, is a superb collection of contemporary city centre apartments, adjacent to Beales Departments Store and Queensgate shopping Centre. It is just 500 metres to Peterborough Station, giving access for commuters to Central London (Kings Cross) in just 45 minutes. Each apartment has been carefully thought out by the design team to maximise the effective use of light, space and functionality. The high quality fittings and attention to detail are evident throughout. All apartments exude luxury with bespoke high end German kitchens by Nieburg, SMEG appliances and bathrooms, are superbly appointed with Salgar vanity units and designer porcelain tiles.

Communal Area - Everything has been thought of to ensure owners can enjoy their apartment from day one. From the wireless entry phone system allows remote access via your phone, to the internal wiring that means owners have all the infrastructure in place for phone, internet, cable or satellite tv. The developers wanted to create the genuine finished article for owners so there are bespoke built in wardrobes, all made to measure to every bedroom and items that are often extras like carpets are included as standard.

Apartment 3.4 is an exceptional one bedroom apartment measuring 513sqft and as such boasts an open plan living and kitchen area, double bedrooms with built in wardrobe. The apartment is located on the third floor accessed via the stairwell or lift.

Ready To Move In - Everything has been thought of to ensure owners can enjoy their apartment from day one. From the wireless entry phone system allows remote access via your phone, to the internal wiring that means owners have all the infrastructure in place for phone, internet, cable or satellite tv. The developers wanted to create the genuine finished article for owners so there are bespoke built in wardrobes, all made to measure to every bedroom and items that are often extras like carpets are included as standard.

Apartment 3.4 is an exceptional one bedroom apartment measuring 513sqft and as such boasts an open plan living and kitchen area, double bedrooms with built in wardrobe. The apartment is located on the third floor accessed via the stairwell or lift.

Entrance Hall - Entrance into the apartment is greeted with laminate flooring and oak doors leading to open plan kitchen/living area, Double bedroom, family bathroom and storage cupboard.

Open Plan Living Kitchen Area - The open plan living area has thoughtfully been designed to allow for a kitchen area fitted with a matching range of base and eye level units built in kitchen appliances which include a SMEG oven and induction hob and slimline dishwasher.

The lounge area benefits from two windows to the front.

Master Bedroom - The double bedroom has a bespoke fitted wardrobe, fitted carpet and a window to front

Family Bathroom - The bathroom has a salgar or Hudson Reed vanity units complemented by Milan Basin and Bath Taps and Showers. Stylish Saneux I line WCs is fitted and the sleek porcelain and mosaic tiles complete a modern and impressive suite

Leasehold Details - The property has a brand new lease of 125 years.

The ground rent is £200 per annum

The service charge is £650 per annum

Investor Information - Based on a sale at £129k and potential rental income of £650pcm (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 £37,700 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £2918 = 7.74 % pre tax income on capital used (these assumptions are based on a fully managed service )
-Gross yield 6.01%

Agents Note - Photographs - These photos are for general guidance only. The photos used are of the showhome and therefore buyers must therefore view the apartment available themselves before placing an offer

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 August 2016

Nearest station

  • Peterborough (0.3 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 (0.3 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 26421951. 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.

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