2 bedroom house for sale

Lombardy Drive, Peterborough

Offers in Excess of £127,500

Property Description

Key features

  • Council tax band A
  • Total floor area 48sqm

Full description

** BTL OPPORTUNITY **Two bedroom property situated in the popular location of Dogsthorpe.

9.55% pre tax income on £37,100 capital employed (based on 25% deposit and 2.49% int only loan inc managed fees) - Gross Yield 5.88%

Entrance Porch - UPVC double glazed window to the front, ceramic tiled floor, walk in storage cupboard and access to the lounge.

Lounge - 3.9m x 3.7m max (12'9" x 12'1" max ) - UPVC double glazed window to the front, television point, telephone point, radiator, wood laminate floor, stairs to the first floor landing and access to the kitchen/breakfast.

Kitchen/Breakfast - 3.9m x 2.1m max (12'9" x 6'10" max ) - Fully fitted with a range of wall and base units with complimentary work surfaces over, inset single sink drainer, gas cooker fitted, plumbing for washing machine, radiator, wood laminate floor, textured ceiling, UPVC double glazed window to the rear and door to the conservatory.

Conservatory - Glazed construction with patio door to the garden.

Landing - Coved ceiling, loft hatch and access to:-

Master Bedroom - 3.1m x 2.9m max (10'2" x 9'6" max ) - Double bedroom with UPVC double glazed window to the front, radiator, airing cupboard and storage cupboard.

Bedroom Two - 2.8m x 1.8m max (9'2" x 5'10" max ) - Double bedroom with UPVC double glazed window to the rear, textured ceiling and radiator.

Family Bathroom - Fitted with a three piece suite comprising of Low level w.c, pedestal wash hand basin, panelled bath with electric shower over, part tiled walls, radiator and coved ceiling

Outside - The front of the property is open plan with off road parking and access to the house and garage. The garage is double length with metal up and over door, power and light connected. The rear of the property is mainly laid to lawn with patio area and established shrubs.

Agents Note - Photographs - These photos are pre tenancy and are for general guidance only and were taken in 2014 Buyers must therefore view the property themselves before placing an offer

Investor Information - Based on a sale at £127.5k 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 £37,100 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £3,541 = 9.55% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 5.88%

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:
04 October 2016

Nearest stations

  • Peterborough (2.0 mi)
  • Whittlesea (5.8 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


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 stations

  • Peterborough (2.0 mi)
  • Whittlesea (5.8 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 26542734. 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.