New Priestgate House, Peterborough
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
753 sq ft
70 sq m
- 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
- Tenanted 2-bedroom city centre apartment
- 6.37% net yield, ideal turnkey investment
- Prime location near train station and key amenities
- New building
- Allocated parking
Description
A well-presented, modern two-bedroom apartment located in the heart of Peterborough city centre at New Priestgate House, Peterborough, PE1 1JX. Offered at a guide price of £120,000, this leasehold investment (approx. 115 years remaining) presents an attractive opportunity for investors seeking a strong, low-maintenance asset with established rental income.
Built circa 2017, the apartment is positioned on the fourth floor and comprises an entrance hallway, spacious lounge/diner, modern fitted kitchen, master bedroom with built-in wardrobes and en-suite, a second double bedroom also with built-in storage, and a family bathroom. The property further benefits from one allocated parking space.
Key investment highlights:
Guide price £120,000
£800 PCM rental income
6.37% net yield
Leasehold (115 years remaining)
City centre location
Within 5 minutes of Peterborough train station
Two double bedrooms
En-suite to master bedroom
Allocated parking space
Situated within walking distance of Peterborough train station and the town centre, the property benefits from strong tenant demand driven by excellent transport links, nearby employment hubs, and convenient access to amenities. This makes it an ideal turnkey investment in a high-demand rental location.
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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: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- 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
New Priestgate House, Peterborough
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Visit our security centre to find out moreDisclaimer - Property reference 40-priestgate. 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 Pure, 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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