***READY MADE BUY TO LET *** with tenants in situ. The property is very centrally located and only 2 miles from Peterborough Train Station, City Centre and Cathedral. The development benefits from an OFSTEAD rated OUTSTANDING day nursery, GOOD rated primary school, as well as a MEDICAL PRACTICE & PHARMACY.
PVCu entrance door leading to;
Stairs to first floor and doors leading to cloakroom, kitchen and lounge
Frosted PVCu window to front, two piece suite comprising wash hand basin and wc, tiled splashbacks, fitted with vinyl flooring.
KITCHEN 3.7m x 2.4m max (12'1" x 7'10" max )
Fitted kitchen with a matching range of base and eye level units with worktop space over, 1½ bowl stainless steel sink with single drainer, space for fridge / freezer, washing machine and dishwasher, built-in gas hob and electric oven with extractor hood over, PVCu window to front, fitted with vinyl flooring.
LOUNGE / DINER 4.6m x 4.8m max (15'1" x 15'8" max)
Two PVCu windows to rear, feature fireplace, laminate flooring, PVCu patio double doors to garden, door to Storage cupboard.
Fitted carpet with doors leading to two bedrooms and family bathroom and stairs to second floor
BEDROOM 2 4.5m x 3.4m max (14'9" x 11'1" max)
Double bedroom with PVCu window to rear and fitted carpets.
BEDROOM 3 3.1m x 2.4m max (10'2" x 7'10" max)
Double bedroom with PVCu window to front, fitted with carpet.
FAMILY BATHROOM 2.8m x 2.3m max
Fitted with a three piece suite comprising bath, wash hand basin and WC.
PVCu window to front, fitted carpet and door to Boiler cupboard, stairs leading to Master Bedroom
MASTER BEDROOM 4.5m x 4.6m max (14'9" x 15'1" max)
Double bedroom, PVCu window to front, fitted carpet, fitted triple wardrobes, door leading to Storage cupboard.
Fitted with a two piece suite comprising shower cubicle, wash hand basin and WC, velux window
REAR - Enclosed garden, laid lawn with a decking area, Path way leads to rear garage access.
Based on a sale at £220k and potential rental income of £825pcm (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 at 2.49% (interest only)
- Capital used £58,150 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £5,792 = 9.96% pre tax income on capital used (these assumptions are based on a self managed service)
- Gross yield 4.44%
THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER BELVOIR PETERBOROUGH NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.