Hinchcliffe, Orton Goldhay, Peterborough
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
6
- BATHROOMS
2
- SIZE
1,345 sq ft
125 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.
Freehold
Description
Property Reference number : 885365
Fully Licensed 6 Bed HMO | £27,384 PA Income | Potential Family Home | PE2An outstanding opportunity to acquire a fully licensed six-bedroom House in Multiple Occupation (HMO) situated in the popular residential area of Orton Goldhay, Peterborough (PE2 5RP).
Fully tenanted and producing an immediate gross rental income of £27,384 per annum (£2,282 pcm), this property represents an excellent ready-made investment with strong income generation from day one.
The property underwent an extensive back-to-brick refurbishment during 2017/2018, with significant investment made to create a modern, compliant and low-maintenance asset. The refurbishment included:
Complete electrical rewire
New central heating boiler
Modern fitted kitchen with spacious dining area
New bathrooms
New front entrance door
Comprehensive refurbishment throughout
As a result, the property offers well-proportioned accommodation that has been successfully operated as a licensed HMO for a number of years.
The accommodation comprises six lettable bedrooms, a generous communal kitchen/dining room, shared bathroom facilities, a private rear garden and communal parking for residents.
The property benefits from a current HMO licence valid until April 2028 and will be sold with a comprehensive compliance pack, including:
EPC
Gas Safety Certificate
Electrical Installation Condition Report (EICR)
Fire Alarm Certification
Emergency Lighting Certification
In addition to its excellent investment credentials, the property also offers considerable long-term flexibility. Subject to any necessary consents, it could easily be reconfigured into a spacious five-bedroom family home, with one of the existing ground floor bedrooms reinstated as a separate reception room, making it an attractive proposition for both investors and owner-occupiers alike.
Located within the well-established residential community of Orton Goldhay, the property enjoys excellent access to Peterborough City Centre, local schools, shopping facilities, public transport links and the A1(M), ensuring continued demand from tenants and excellent convenience for future owner-occupiers.
Whether you are looking to expand an existing property portfolio or acquire a substantial family home with future flexibility, this represents an exceptional opportunity to purchase a well-maintained, income-producing property with significant long-term appeal.
Please note: Some of the marketing photographs were taken shortly after the property's comprehensive refurbishment in 2017/2018. Since then, the property has operated as a successful HMO and has been well maintained throughout. A purchaser may choose to undertake minor cosmetic redecoration, such as fresh paintwork, to further enhance presentation and personalise the property to their own taste.
Key Features
Fully Licensed 6 Bedroom HMO
Fully Tenanted Investment
£2,282 PCM (£27,384 Per Annum) Gross Rental Income
HMO Licence Valid Until April 2028
Extensive Back-to-Brick Refurbishment (2017/2018)
Complete Electrical Rewire
New Boiler
Modern Kitchen/Diner
Modern Bathrooms
Private Rear Garden
Communal Parking
Council Tax Band B
EPC Available
Gas Safety, EICR & Fire Certification Available
Potential to Convert into a Spacious Five-Bedroom Family Home (Subject to Any Necessary Consents)
Excellent Peterborough Location
Ready-Made Investment Opportunity
Council Tax: B
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Property Reference number : 885365
- 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: B
- 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.
- Yes
- 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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