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2 bedroom house for sale

Meadenvale, Peterborough

Offers in Excess of £130,000

Property Description

Key features

  • Total floor area 48sqm

Full description

** IDEAL INVESTMENT OR FIRST TIME BUY ** Two bedroom property Located in the popular area of Meadenvale. The property benefits from OFF ROAD ALLOCATED PARKING and GAS CENTRAL HEATING.

BTL information - -6.63% pre tax income on £39,350 capital employed (based on 25% deposit and 2.49% int only loan inc managed fees - Gross Yield 4.91%

Location - Meadenvale is ideally located within easy reach of the Peterborough City Centre and benefits from excellent transport links across the city. The area offers a selection of local amenities including a Sainsburys Supermarket, as well as a good choice of local schooling.

Entrance Hall - Entrance hall leading to stairs and door to lounge.

Lounge - Lounge diner fitted with carpet,UPVc double glazed window to front aspect, sliding patio door to the garden.

Kitchen - Fitted kitchen with a matching range of eye and base level units, 1 1/2 stainless steal sink, built in gas hob, electric oven and extractor. Space for fridge freezer and plumbing for a washing machine.

Master Bedroom - Double sized bedroom fitted with carpet, built in wardrobes, UPVc double glazed windows to front aspect.

Bedroom Two - Single sized bedroom fitted with carpet, UPVc double glazed windows to rear aspect.

Family Bathroom - Fitted with a three piece suite comprising of panelled bath with shower over, pedestal wash hand basin, low level WC.

Outside - Rear garden mainly laid to lawn and enclosed by timber fencing,

Investor Information - Based on a sale at £130k and potential rental income of £595 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 2.49% (interest only)
- Capital used £37,850 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £3,064= 8.09% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 5.28%

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

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
16 August 2016

Map & Street View

Disclaimer - Property reference 26452754. The information displayed about this property comprises a property advertisement. 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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