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Bretton Green, Bretton, Peterborough

Offers in Excess of
£132,000
Added on 09/02/2021
Belvoir, Peterborough
PROPERTY TYPE
Apartment
BEDROOMS
x2
BATHROOMS
x2

Key features

  • READY MADE BUY TO LET
  • TENANTS IN SITU
  • GROUND FLOOR APARTMENT
  • 2 DOUBLE BEDROOMS
  • ALLOCATED PARKING
  • WALKING DISTANCE TO PETERBOROUGH CITY HOSPITAL
  • COUNCIL TAX BAND: A
  • TOTAL FLOOR AREA: 51sqm

Property description

ATTENTION INVESTORS! READY MADE BUY TO LET CLOSE TO CITY HOSPITAL ACHIEVING 5.7% GROSS YIELD.

Beautifully presented apartment with modern kitchen as well as 2 DOUBLE bedrooms and 2 Shower Rooms. Conveniently located, the property is only 1 mile from Peterborough City Hospital, 3 miles from Peterbrough City Centre and Train Station and less than half a mile from Bretton Shopping Centre with its array of shops such as Sainsburys, Costa Coffee to name a few as well as the popular Cresset Theatre.

Communal Entrance - Mailboxes situated to the left hand side of the entrance doorway, security entry, ground floor apartment.

Entrance Porchway - UPVC window to the front aspect, door leading to;

Open Plan Lounge And Kitchen - Lounge: Fitted with laminate flooring, UPVC window to the front and side aspects, wall mounted radiator.

Kitchen: Fitted with a range of base and eye level units with worktop space over, stainless steel sink with drainer and mixer tap, integrated electric oven and hob with extractor hood over, space for washing machine and fridge freezer.

Shower Room - Fitted three piece bathroom suite, shower cubicle, pedestal wash hand basin and WC, extractor fan, shaver point, towel rail radiator and tiled flooring.

Bedroom One - Double bedroom, fitted carpet, built in single storage cupboard, wall mounted radiator, UPVC window to the rear aspect, door leading to;

En-Suite - Fitted three piece bathroom suite, shower cubicle, pedestal wash hand basin and WC, extractor fan, shaver point, towel rail radiator and tiled flooring.

Bedroom Two - Double Bedroom, fitted carpet, wall mounted radiator, UPVC window to the rear aspect.

Outsdie - Communal garden area to the rear of the property as well as ONE allocated parking space.

Leasehold Information - The Vendor informs us there are 250 years on the lease from 2014

The vendor informs us the ground rent is £167.78p.a. and is fixed for another 3 years.

The service charge for 2020 was £807.36. Forecast for 2021 is £804.72

Investor Information - Based on a sale at £135k and potential rental income of £650pcm (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 £39,350 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £4,954 =12.59% pre tax income on capital used (these assumptions are based on a self managed service)
- Gross yield 5.55%

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

Agents Note - Photographs - These photos are for general guidance only and were taken in 2016. Buyers must therefore view the property themselves before placing an offer

Brochures

BrochureBretton Green, Bretton, Peterborough

Energy Performance Certificates

EE RatingEI Rating

Bretton Green, Bretton, Peterborough

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Peterborough Station1.7 miles
Mortgages
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About the agent

Belvoir, Peterborough

1022 Lincoln Road, Peterborough, PE4 6AS

Belvoir, Peterborough
Belvoir Peterborough 

• 20+ years of Lettings & Home sales experience

• £350,000,000 of local property under management

• 1500+ landlord investors

• A highly skilled team of 35 trained professionals

• Ethical, eco-friendly and sustainable business

Local Property Experts for Over 20 Years

Founded in 1999, we are the number one full-service Property Agency in the Peterborough area*. Through award-winning management services, outstanding custo

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Disclaimer - Property reference 30391882. 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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