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2 bedroom apartment for sale

Misterton Court, Orton Goldhay, Peterborough

Fixed Price £92,500

Property Description

Key features

  • Duplex Aparment
  • Open Plan Living Space
  • Easily Accessible from Junction 17 of the A1
  • Walking distance to Ortongate Shopping Centre
  • 2 minute walk to Bushfields Sports Centre
  • 72sqm
  • Walking distance to Refurbished Ormiston Bushfields Academy for 11-18 year olds

Full description

CONVERTED DUPLEX Apartment with spacious 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.

Location - The Orton Centre is located just three miles from central Peterborough and within close proximity to the Lynch wood Business Park. The complex is located above shops and offers a range of facilities including a co-op supermarket,

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 lounge and stairs leading first floor

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

Open Plan Lounge / Kitchen - 4.15 x 5.638 / 2.758 x 2.419 max (13'7" x 18'5" / - Lounge is fitted with carpet, Three windows to rear.

Kitchen is fitted with a matching range of base and eye level units, built in electric oven, hob and extractor hood over. Space for washer dryer and fridge freezer

First Floor - Landing with fitted carpet, doors leading to master bedroom and bedroom two.

Master Bedroom - 3.040 x 3.511 (9'11" x 11'6") - Fitted with carpet, Velux window to rear.

Bedroom Two - 2.567 x 3.511 (8'5" x 11'6") - Fitted with carpet, velux window to rear.

Leasehold Information - The vendor has informed us there is 125 year lease started from 2014.

The service charge payable is £1000 per annum.
The ground rent payable is £50 per annum.

Investor Information - Based on a sale at £92,500k and potential rental income of £610pcm (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 £27,250 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £3,072 = 11.28% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 7.58%

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:
06 October 2015

Map & Street View

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