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The Drill Hall, Benefield Road, Oundle, Peterborough, Northamptonshire, PE8 4EU

£250,000
Added on 18/03/2021
yieldit, Manchester
PROPERTY TYPE
Flat
BEDROOMS
x2
BATHROOMS
x2

Key features

  • Earn instant income
  • Three bedroom apartment
  • Top floor
  • Allocated parking
  • Fitted kitchen
  • Excellent location
  • Great transport links
  • Shops and amenities nearby
  • 20 minutes from Peterborough

Property description

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT STUIABLE FOR OWNER OCCUPIERS! This excellent two bedroom top floor apartment is located just 20 minutes from Peterborough, enquire today to avoid disappointment.

This wonderful two bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double glazed windows; fully fitted kitchen with all appliances included; master bedroom with en-suite shower room and double doors out to the Juliet balcony; three piece family bathroom with shower over bath; a further double bedrooms with double glazed window. The apartment comes with its own allocated parking space, and Juliet balcony.

Located near the recently refurbished Ortongate Shopping Centre,Bushfields Sports Centre, Orton Medical Centre and Ormiston Bushfields Academy. The property is easily accessible from junction 17 of the A1M and only 6 miles from Peterborough City Centre and Train Station.

Peterborough is a fantastic place to invest as it is incredibly popular with tenants and is easily commutable to surrounding areas such as Cambridgeshire, Lincolnshire and Northamptonshire. In the last 12 months alone houses prices have risen 6.2% in Peterborough, with the average asking price of a flat/apartment reaching up to around £108,000 in 2019 (Zoopla) making it a perfect place to invest.

Financial Breakdown

Gross rent: £10,500
Ground rent: £0
Service charge: £600
Lettings fees: £1,008
Net income: £8,892
Gross yield: 4.2%
Net yield: 3.56%

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.



yieldit ref: YL-15867

Energy Performance Certificates

EPC 1

The Drill Hall, Benefield Road, Oundle, Peterborough, Northamptonshire, PE8 4EU

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Corby Station8.8 miles
Mortgages
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About the agent

yieldit, Manchester

Quay West at MediaCityUK Trafford Wharf Road, Trafford Park, Manchester, M17 1HH

yieldit, Manchester

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

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Disclaimer - Property reference YL-15867. 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 yieldit, Manchester. 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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