Essendyke, Bretton, PE3
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Description
** IDEAL INVESTMENT OPPORTUNITY ** Belvoir are delighted to bring to the market this spacious first floor purpose built one bedroom situated in popular location of Bretton. The apartment benefits from a private entrance, off road parking and is sold with NO ONWARD CHAIN. The property further benefits from being located with easy access to the A47 and Parkway system, The hospital, Sainsbury's and local amenities.
EPC rating: C. Tenure: Leasehold,Entrance Hall
Entrance into the property is greeted with stairs leading to first floor and doors to all rooms.
Lounge
3.20m x 3.70m (10'6" x 12'1")
The lounge is neutrally decorated with fitted carpet and uPVC double glazed window to rear
Kitchen
2.40m x 3.30m (7'11" x 10'10")
The kitchen is fitted with a range of base and eye level units with worktop space over, 1½ bowl sink unit with single drainer and mixer tap, electric cooker, plumbing for washing machine and a PVCu double glazed window to front.
Bedroom
3.10m x 3.60m (10'2" x 11'10")
Double bedroom with fitted carpet and uPVC double glazed window to rear
Bathroom
Double bedroom with fitted carpet and uPVC double glazed window to rear
Leasehold Information
The vendor has informed Belvoir there are 105 years remaining on the lease The vendor has informed Belvoir the Ground rent payment is £10 per annum The vendor has informed Belvoir the Service charge payment is £200 per annum
Investor Information
Based on a sale at £105k and an actual rental income of £465 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 at 2.49% (interest only) - Capital used £30,750 (including deposit, stamp duty and conveyance) - Annual pre tax profit of £2,008 = 6.53% pre tax income on capital used (these assumptions include a service and ground rent estimates and is based on a self managed service) - Gross yield 5.10%
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
Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
£0 per year
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
£0
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
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Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: A
Essendyke, Bretton, PE3
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Peterborough Station2.3 miles
About the agent
Belvoir, Peterborough
1022 Lincoln Road, Peterborough, PE4 6AS
With a wealth of experience and excellent reputation in the rental sector, we have helped numerous investors to purchase properties to let, and have access to over 250,000 property investors. Whether you are a landlord who is wishing to try and sell your property or portfolio with or without the tenant(s) remaining in situ, or you are a developer or homeowner wanting to use an agent with a difference, we would be delighted to market your property. Belvoir Peterborough offer tailored Sale pack
Notes
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Visit our security centre to find out moreDisclaimer - Property reference P1709. 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. 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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