1 bedroom apartment for sale

Misterton Court, Orton Plaza, Peterborough

£90,000

Property Description

Key features

  • Ready Made BTL
  • Tenants in Situ
  • Open Plan Living Space
  • Easy access to Junction 17 of the A1
  • Stones throw from Ortongate Shopping Centre
  • Walking Distance to Bushfields Sports Centre
  • Close to Bushfieds Medical Centre

Full description

***Ready Made Buy to Let Opportunity***
Open plan living, situated walking distance from the recently refurbished Ortongate Shopping Centre as well as Bushfields Sports Centre, Orton Medical Centre and Ormiston Bushfields Academy. The property is easily accessible from junction 17 of the A1.

Communal Entrance - Secure coded entrance, with stairs leading to first floor

Apartment Entrance Hall - Entrance hall into the apartment is fitted with carpet and has doors leading to storage cupboard and;

Kitchen Area - 2.407 x 1.894 max (7'10" x 6'2" max) - Fitted Kitchen with a range of base and eye level units, built in electric oven, hob and extractor hood over. Washer dryer and fridge freezer included, as well as a large storage cupboard. Open plan to:

Lounge - 5.791 x 2.856 max (18'11" x 9'4" max) - Lounge is fitted with carpet and window to rear;

Master Bedroom - 4.484 x 2.751 max (14'8" x 9'0" max) - Double bedroom with fitted Carpet and window to rear. The bedroom also benefits from a built in wardrobe

Bathroom - Fitted three piece suite comprising of WC, wash hand basin and bath with shower over. Vinyl flooring.

Investor Information - Based on a sale at £90k and potential rental income of £500 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 2.49% (interest only)
- Capital used £26,550 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £1,958 = 7.37% pre tax income on capital used (these assumptions include a service charge and ground rent charges)
- Gross Yield - 6.38%

Leasehold Information - The vendor has informed us there is 125 years on the lease starting from 2014.

The service charge and ground rent payable is £1000 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, or alternatively ask us and we will verify the information for you. 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:
20 July 2015

Nearest station

  • Peterborough (3.1 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.

Floorplans

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1 Bed - Floorplan.jp
1 Bed - Floorplan.jp

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 (3.1 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 25717143. 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.

Map data OpenStreetMap contributors.