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Burton Court, Peterborough

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • First Floor Apartment
  • One Bedroom
  • Open Plan Living
  • Allocated Parking Space
  • Central Location
  • No Forward Chain
  • 62 Years Remaining On Lease
  • Cash Buyers Recommended

Description

A vacant one-bedroom first floor apartment, offered to the market with No Forward Chain, providing an excellent opportunity for buyers looking for a conveniently located property close to Peterborough city centre and train station.

The accommodation comprises an entrance hall leading into an open-plan lounge, dining and kitchen area, a well-proportioned double bedroom and a bathroom. Externally, the property benefits from an allocated parking space.

The apartment is conveniently situated within close proximity to Peterborough city centre and Peterborough train station, making the property particularly appealing to commuters, first-time buyers and investors.

From an investment perspective, in our valuers' opinion, the property would make a great addition to an investment portfolio, with an estimated rental potential of approximately £750 per calendar month, equating to around £9,000 per annum in gross rental income.

The property is being offered vacant and with No Forward Chain, providing the potential for a purchaser to take possession promptly following completion and, for an investor, the opportunity to arrange their own letting strategy.

We are informed that there are approximately 62 years remaining on the lease. The service charge is understood to be approximately £1,056 per annum, with a ground rent of approximately £100 per annum.

Due to the remaining lease term, the property may be unsuitable for some mortgage lenders, which could result in a reduced number of available mortgage options. A cash purchase is therefore preferred. Prospective purchasers are strongly advised to make their own enquiries with their mortgage adviser and solicitor regarding mortgageability, lease terms, service charge, ground rent and any potential lease extension requirements.

The property is Council Tax Band A and has an Energy Performance Rating of C.

An appealing opportunity to acquire a vacant one-bedroom ground floor apartment in a convenient Peterborough location, offered with No Forward Chain, allocated parking and potential rental income of approximately £750 PCM. Early viewing is recommended.

ENTRANCE HALL
Electric heater. Carpet flooring. Secure intercom system.

LIVING/DINER 3.66m (12'0) x 4.55m (14'11).
uPVC double glazed window to rear. Carpet flooring. Electric storage heater,

KITCHEN 1.91m (6'3) x 3.61m (11'10).
Fitted with a range of eye and base units with worksurface over. Stainless steel sink unit and built-in oven, hob and extractor fan above. Space for fridge freezer and washiang machine. uPVC double glazed window to side. Vinyl flooring.

BEDOOM 3.18m (10'5) x 3.33m (10'11).
uPVC double glazed window to front. Electric heater. Carpet flooring.

BATHROOM
Fitted with a three piece suite comprising panel bath with shower over, low level wc and pedestal wash hand basin. Electric heater. uPVC obscured double glazed window to side. Vinyl flooring.

OUTSIDE
Communal garden and allocated parking space.

Brochures

Burton Court, PeterboroughBrochure
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: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Communal
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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Burton Court, Peterborough

Approximate location

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Affordability

Monthly repayments£403
Property: £ 79,995
Deposit: £ 8,000
Interest rate: 5.36%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Fitzjohn Sales and Lettings, Dogsthorpe

76 Central Avenue, Dogsthorpe, Peterborough, PE1 4LH

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Disclaimer - Property reference 34979025. 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 Fitzjohn Sales and Lettings, Dogsthorpe. 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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