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1 bedroom apartment for sale

Misterton Court, Orton Goldhay, Peterborough

Sold STC £72,500

Property Description

Key features

  • ONE BEDROOM APARTMENT
  • SECURE ENTRY
  • TENANTS IN SITU
  • AMPLE PARKING
  • ACCESSBILE FOR JUNCTION 17 of the A1
  • Council Tax Band: A
  • Total Floor Area: 44sqm

Full description

***ONE BEDROOM APARTMENT*** situated walking distance from Starbucks Drive-Thru and the recently refurbished Ortongate Shopping Centre as well as Bushfields Sports Centre, Orton Medical Centre and Ormiston Bushfields Academy. The property is easily accessible from junction 17 of the A1M and only 6 miles from Peterborough City Centre and Train Station.

Communal Entrance - Security Entry doors open to the communal hallway where you have access to the mailboxes. Stairs and Lift leading to the first and second floors.

Entrance Hallway - Fitted carpet with doors leading to:

Open Plan Lounge & Kitchen - Lounge Area:
Fitted carpet, wall mounted radiator, UPVC windows to the rear aspect.

Kitchen Area:
Fitted with a matching range of base and eye level units with work top space over and stainless steel sink with drainer. Plumbing for washing machine, space for fridge/freezer, built-in electric fan assisted oven and electric hob with extractor hood over. Vinyl flooring.

Bedroom - Double bedroom with fitted carpet, wall mounted radiator, UPVC double glazed window to the rear aspect.

Bathroom - Fitted with a three piece suite comprising of panelled bath with mixer shower over, pedestal wash hand basin and WC, wall mounted radiator, vinyl flooring.

Investor Infromation - Based on a sale at £72,500k and potential rental income of £535pcm (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 of 2.49% (interest only)
- Capital used £21,650 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £2,404 = 11.10% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross Yield 8.44%

Leasehold Information - The vendor informs us there is 112 years remaining on the lease, which terminates 25 January 2131.

The Service Charges: £1000 per annum
The Ground Rent: £50 per annum

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


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
28 July 2018

Map & Street View

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