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3 bedroom house for sale

Dogsthorpe Grove, Peterborough

Sold STC £160,000

Property Description

Key features

  • 75sqm
  • Tenant in situ
  • 5% Gross Yield
  • Off road parking

Full description

** INVESTMENT OPPORTUNITY ** 3 bedroom semi detached property situated in the popular residential location of Dogsthorpe. The property is an ideal buy to let offering potential gross yields of 5%+. The property further benefits from being sold with NO FORWARD CHAIN.

Entrance Hall - PVCu double glazed window to the front aspect, fitted with oak flooring, stairs to the first floor and landing, under stairs storage, folding door to the kitchen, dining room and living room:

Dining Room - 3.34m x 2.80m max ( 10'11" x 9'2" max) - PVCu double glazed bay window to the front, wall mounted radiator, exposed wooden flooring.

Lounge - 3.63m x 3.34m max (11'10" x 10'11" max) - Two PVCu double glazed windows to the rear,decorative (not working) fireplace with feature surround, TV point, exposed wooden flooring, PVCu double glazed door to the timber decked patio area.

Kitchen - 3.62m x 1.75m max (11'10" x 5'8" max) - Fitted with a matching range of base and eye level units with worktop space over, one and a half bowl stainless steel sink unit with single drainer and mixer tap, plumbing for washing machine, space for slimline dishwasher, radiator, PVCu double glazed window to the side.

Rear Hallway - Door to the rear aspect, plumbing for washing machine/dishwasher.

Landing - PVCu double glazed window to the side, door to:

Master Bedroom - 3.70m x 2.63m max (12'1" x 8'7" max) - Double bedroom, PVCu double glazed window to the rear, wall mounted radiator, two built in wardrobes.

Bedroom Two - 3.20m x 2.88m max (10'5" x 9'5" max) - Double bedroom, PVCu double glazed bay window to front, radiator.

Bedroom Three - 2.36m x 1.89m max (7'8" x 6'2" max) - PVCu double glazed window to rear, radiator.

Family Bathroom - 1.89m x 1.83m max (6'2" x 6'0" max) - PVCu double glazed window to front, fitted with a three piece suite comprising panelled bath with shower over, pedestal wash hand basin and low-level WC, partially tiled walls, vinyl flooring.

Outside - To the front of the property there is a double width gravel driveway providing off road parking space for two cars, gated side access to front.

The rear garden is enclosed by timber panelled fence to the rear and sides, a patio and timber decking area, an artificial grass area, shrub borders and beds, timber garden shed.

Investor Information - Based on a sale at £160k and potential rental income of £695pcm (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 £46,850 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £3,410 = 7.28% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross Yield 5.00%

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:
02 September 2016


Map & Street View

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