Charles Street, Peterborough, Cambridgeshire, PE1
- PROPERTY TYPE
House Share
- BEDROOMS
6
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Refurbished
- High Specification Rooms
- 6 Bedrooms
Description
Property Address: Charles Street, Peterborough, PE1 5EP
Sales Price: £450,000
Expected Gross Annual Income: £47,460
Gross Yield: 10.55%
Property Overview:
Charles Street offers a fantastic investment opportunity in a high-demand rental area. This fully refurbished property comprises high-spec 5 studio rooms and 1 ensuite, each designed with quality, comfort, and tenant convenience in mind. Every unit is stylishly furnished and includes a private kitchenette, with additional access to a spacious shared kitchen.
Configuration: 5 studios, 1 ensuite room and a communal kitchen/diner.
Monthly Rental Breakdown:
* Room 1: £600pcm
* Room 2: £700pcm
* Room 3: £695pcm
* Room 4: £725pcm
* Room 5: £595pcm
* Room 6: £600pcm
Expected Total Monthly Rental: £3,915
Property Management: Fully managed by Freedom Homes Ltd, specialists in HMO management with a portfolio exceeding 900 units.
Investment Highlights:
Close to Key Amenities:
* Steps from Queensgate Shopping Centre
* 1.6 miles to Perkins Engines
* Surrounded by restaurants, bars & cultural landmark
Financial Performance:
Annual Expenditure (Estimated):
- Gas, Electricity, Water = £4,464
- WIFI = £480
- Council Tax = £1,610
- Cleaning = £720
- Management = £4,698
Net Annual Income (estimated): £34,686
o 25% Deposit Investment: £112,500
Market Insight:
Peterborough is a thriving city with strong tenant demand driven by its excellent transport links, growing economy, affordable living, and the recent launch of ARU Peterborough, attracting a diverse mix of professionals, students, and families.
Why HMOs in Peterborough?
* Strong Tenant Demand: Popular with professionals, students, and key workers.
* High Yields: HMOs consistently outperform standard buy-to-lets in rental income.
* Capital Growth Potential: Robust local economy with promising development projects.
Viewing and Further Information:
This property is exclusively listed with Freedom Homes Ltd. Contact our team today to discuss this incredible investment opportunity or to arrange a viewing.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Charles Street, Peterborough, Cambridgeshire, PE1
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Visit our security centre to find out moreDisclaimer - Property reference 33CharlesSt_SaleAd. 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 Freedom Homes, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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