2 bedroom apartment for sale

Harn Road, Hampton Centre, Peterborough

£120,000

Property Description

Key features

  • 2 Bedrooms
  • Single Garage
  • Council Tax Band A
  • Total Floor Area: 33sqm
  • Close to Serpentine Green
  • Easy Access for the A1

Full description

**BTL INVESTOR OPPORTUNITY***
2 Bedroom Apartment, situated in Hampton Hargate within walking distance of Serpentine Green Shopping Centre, a variety of restaurants, Vivacity Sports Centre and has easy access for the A1 and Peterborough City Centre.
The property has a lot to offer including having its own single garage, which is currently let out separately generating and additional £75pcm.

Entrance Hallway - Fitted Carpet, doors leading to:

Lounge - 6.4m x 3.3m max (20'11" x 10'9" max ) - Fitted carpet, secure UPVC doors opening to Juliet Balcony. 2 Electric wall mounted heaters.

Kitchen - Small UPVC window to the rear aspect, matching range of base and eye level units with worktop space over, 1 1/2 stainless steel sink with drainer, space for washing machine and fridge freezer, built in electric fan assisted oven, four ring electric hob with extractor hood over, vinyl flooring.

Master Bedroom - 3.3m x 2.5m max (10'9" x 8'2" max ) - UPVC Double glazed window to the front aspect, electric wall mounted heater, fitted carpets, double built in wardrobe.

Bedroom Two - 3.3m x 2.1m max (10'9" x 6'10" max ) - UPVC window to the side aspect, wall mounted electric heater, fitted carpets

Bathroom - UPVC frosted window to the rear aspect, fitted with white three pieces suite comprising of panelled bath, wash hand basin and WC, fitted carpet, wall mounted towel rail heater.

Leasehold Information - The Vendor informs us of the following applicable at the property.

Years left on Lease: 114

Service Charges: £1061.51

Ground Rent: £237.30 par annum

Investor Information - Based on a sale at £120k 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 £34,950 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £2,102 = 6.01% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross Yeild 5.71%

Additionally the single garage is let out separately generating £75pcm in addition to the above flat rental income.

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:
06 October 2016

Nearest station

  • Downham Market (26.9 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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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

  • Downham Market (26.9 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 26552491. 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.

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