St Michaels Gate, Parnwell, Peterborough, PE1 4YJ
- PROPERTY TYPE
Flat
- SIZE
Ask agent
- 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
Key features
- L&D ESTATE AGENTS
- Block Of Flats With Freehold
- 2 X 2 Bedroom Garden Flats
- 3 x 1 Bedroom Flats
- Varying Conditions
- Vacant Possession
- Investor Opportunity
- Close To Transport Links
- Allocated Parking
- Must Be Viewed
Description
L&D ESTATE AGENTS are delighted to offer this rare opportunity to acquire a freehold block of five flats in a sought after location, offering immediate portfolio expansion for the savvy investor. The property comprises two spacious two bedroom ground floor garden flats, each with its own private outdoor space, alongside three well proportioned one bedroom flats. With the benefit of a freehold title, you are purchasing the building outright, giving you full control over the asset and its future potential.
Currently, some of the flats are let providing an instant income stream, while the entire block can be made available with full vacant possession if preferred. This flexibility makes it ideal for investors looking to either retain sitting tenants or refurbish and reposition the units for higher rental yields. The flats are offered in varying condition from unit to unit, allowing you to add value where you see fit and maximise your return on investment.
Whether you are building your portfolio or seeking a project with genuine upside, this block delivers on both fronts. With a mix of garden flats and one bedroom units, it appeals to a wide range of tenants, from young professionals to those seeking ground floor living. Don't miss the chance to secure a freehold investment with this much versatility and potential.
LOCATION:
St Michaels Gate is a popular residential development situated to the south of Peterborough city centre offering a convenient and well connected setting ideal for families. The area benefits from a range of nearby amenities including supermarkets, shops, cafés and leisure facilities, while Peterborough city centre and its extensive retail and dining options are easily accessible. Families are well served by a selection of local schools, with both primary and secondary education available within close proximity. Transport links are excellent, with easy access to Peterborough railway station providing fast services to London and the North, alongside convenient road connections via the A1(M), A47 and A605. Combining everyday convenience with strong connectivity, St Michaels Gate is a great location for a wide range of buyers.
FLAT 1- 2 BED GROUND FLOOR GARDEN FLAT-EPC RATING- D - APPX 34 SQM
FLAT 2- 2 BED GROUND FLOOR GARDEN FLAT-EPC RATING- D - APPX 34 SQM
FLAT 3- 1 BED FIRST FLOOR FLAT-EPC RATING- C - APPX 34 SQM
FLAT 4- 1 BED FIRST FLOOR FLAT-EPC RATING- C - APPX 34 SQM
FLAT 5- 1 BED SECOND FLOOR FLAT- EPC RATING- D - APPX 44 SQM
- 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: TBC
- 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.
- Ask agent
Energy performance certificate - ask agent
St Michaels Gate, Parnwell, Peterborough, PE1 4YJ
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Visit our security centre to find out moreDisclaimer - Property reference 731326. 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 L&D Estate Agents, Covering Luton & Dunstable. 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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