2 bedroom flat for saleOundle Road, Peterborough
- Total floor area 69sqm
- Counil tax band A
Full description** INVESTMENT OPPORTUNITY WITH LONG TERM TENANT IN SITU**
Belvoir are delighted to present this spacious two bedroom apartment situated within close proximity of The Peterborough City Centre. The property briefly comprises of Entrance Hall, Two double Bedrooms, Ensuite To Master, Modern Kitchen/Diner And a Family Bathroom, CALL US TODAY TO BOOK A VIEWING.
Entrance Hall - Entrance hall with doors leading to Lounge, Shower room and;
Kitchen / Diner - 5.4m x 2.5m max (17'8" x 8'2" max ) - Fully fitted with a range of wall and base units with work surfaces over, 1/2 stainless steel sink drainer, cooker fitted, plumbing for washing machine, radiator, tiled floor, UPVC double glazed window to the side aspect.
Shower Room - Fitted with a three piece suite comprising of double shower cubicle, pedestal wash hand basin and WC.
Lounge - 3.8m x 3.5m max (12'5" x 11'5" max ) - Fitted with carpet, feature fireplace, Double glazed window to rear aspect, wall mounted radiator, door leading through to Bedroom two.
Master Bedroom - 3.5m x 3.2m max (11'5" x 10'5" max ) - Double sized bedroom fitted with carpet, UPVc double glazed french doors to rear garden and door leading to;
En Suite - Fitted with a three piece suite comprising of double shower cubicle, pedestal wash hand basin and WC.
Bedroom Two - 3.6m x 3.2m max (11'9" x 10'5" max ) - Double sized bedroom fitted with carpet, double glazed bay window to front aspect, feature fire place, wall mounted radiator.
Outside - Rear garden is mainly laid to lawn with a small patio area which is enclosed by timber fencing and mature shrubbery.
Agent Note - PLEASE NOTE tax efficient earnings and transfer are possible though corporate ownership
Investor Information - Based on a sale at £130k 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 £37,850 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £3,495 = 9.23% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 5.76%
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
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