Silver Street, Peterborough, PE2

Symonds & Greenaway are delighted to offer for sale this READY-MADE INVESTMENT OPPORTUNITY on Silver Street, Peterborough, PE2.

This fully occupied investment property comprises FIVE STUDIOS WITH KITCHENETTES , providing an attractive rental income of £41,820 per annum.

Located in the popular area of Woodston, the property is conveniently positioned within walking distance of Peterborough City Centre and the train station, as well as a range of local shops, amenities and other facilities.

The property has been refurbished throughout to a high standard and is being sold as a fully furnished, running investment, allowing a new owner to benefit from an established rental income from day one. The five studios each feature a self-contained kitchenette and high-quality en-suite bathroom facilities. The rooms have been thoughtfully designed and finished to a high specification, helping to achieve the strong rental figures currently in place.

The tenants also have access to a communal kitchen and private garden.

The property is currently achieving the following monthly rents:

Room 1: £675.00 pcm

Room 2: £695.00 pcm

Room 3: £705.00 pcm

Room 4: £695.00 pcm

Room 5: £715.00 pcm

Total Monthly Rental Income: £3,485.00

Total Gross Annual Income: £41,820.00

With the refurbishment already completed, tenants in place and a strong gross rental income being achieved, this represents an excellent opportunity for an investor looking for a ready-made income-producing property. The property will be sold as seen, including all furniture.

Viewing is highly recommended to fully appreciate the standard of accommodation and the investment opportunity on offer. For further information or to arrange a viewing, please contact our Sales Team today.

Disclaimer:

These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore, if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Photographs are reproduced general information and it must not be inferred that any item within the photographs are included for sale with the property. Some images may have been digitally enhanced or virtually staged for marketing purposes. Interested parties are strongly advised to view the property in person before making any offer or commitment