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1 bedroom flat for sale

Oundle Road, Peterborough

£110,000

Property Description

Full description

**CONVERTED PERIOD PROPERTY - IDEAL INVESTMENT OPPORTUNITY**

Well presented one bedroom apartment situated within close proximity of The Peterborough City Centre. The property benefits from having a long term tenant in situ and potential yields of 6% +

CALL US TODAY TO BOOK A VIEWING.

Entrance Hall - Private entrance with carpeted stairs leading up to first floor flat

Kitchen / Diner - Fitted with a matching range of eye and base level units with worktop space over, four ring gas hob and electric oven, 1/2 stainless steel sink and drainer, space for fridge freezer and plumbing for washing machine, wall mounted radiator, double glazed windows to rear aspect, fitted with tiled flooring.

Lounge - Fitted with carpet, feature fireplace, Two double glazed window to front aspect, wall mounted radiator.

Bathroom - Fitted with a three piece suite comprising of Jacuzzi bath, wash and basin and WC, frosted window to rear.

Bedroom One - Double sized bedroom fitted with carpet, feature fireplace, wall mounted radiator

Outside - To the front of the property is a gravelled drive way.

Unrestricted parking available

Investor Information - Based on a sale at £100k and potential rental income of £595pcm (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 £29,350 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £3,474 = 11.84% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 6.84%

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 November 2016

Map & Street View

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