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1 bedroom apartment for sale

Bretton Green, Bretton, Peterborough

From £145,000

Property Description

Key features

  • 250 year lease
  • Gross yields of 5% plus
  • Allocated parking

Full description

ARE YOU LOOKING TO BUILD A PROPERTY PORTFOLIO? Look no further! Belvoir are delighted to present to you this fantastic INVESTMENT OPPORTUNITY situated within close proximity to the CITY HOSPITAL and just 1.5 miles from the city train station. The development has proven to have a strong rental demand and benefits from a 250 YEAR LEASE.

Guthrie House - Guthrie House is a converted and extended office block comprising of 17 contemporary apartments within the Bretton Green development. The development is ideally located within close proximity of the Peterborough City Hospital and within easy reach of the City Centre.

Entrance Hall - Entrance hall into the apartment has door leading to all rooms

Open Plan Lounge / Kitchen - Kitchen Area; The kitchen is fitted with a matching range of base and eye level units with work top space over. The Kitchen has a built in oven, hob and extractor and SMEG fridge/freezer. The living area is fitted with laminate flooring and benefits from a PVCu window to front.

Master Bedroom - Double bedroom fitted with carpet, door leading to;

En Suite - Fitted with a three piece suite comprising of walk in shower cubicle, pedestal wash hand basin and low level WC

Bedroom Two - Double bedroom fitted with carpet

Bathroom - Fitted with a three piece suite comprising of walk in shower cubicle, pedestal wash hand basin and low level WC

Outside - One allocated parking space

Agents Note - Please note photographs used are for guidance only and therefore a buyer must view the property themselves.

Investor Information - Based on a sale at £145k and potential rental income of £675pcm (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 £42,350 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £3,478 = 8.21% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 5.36%

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:
18 November 2016

Map & Street View

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