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Guide price
£220,000

Fleming Court, Peterborough

  • 3 beds
  • 2 baths
  • 1 reception

    Office Ref:

    11896036

  • READY MADE BUY TO LET
  • TENANTS IN SITU
  • 3 BEDROOMS
  • EN-SUITE TO MASTER
  • GARAGE
  • TOTAL FLOOR AREA: 103sqm
  • COUNCIL TAX BAND: C

***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.

ENTRANCE
PVCu entrance door leading to;

ENTRANCE HALL
Stairs to first floor and doors leading to cloakroom, kitchen and lounge

CLOAKROOM
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.

FIRST FLOOR:
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.

LANDING
PVCu window to front, fitted carpet and door to Boiler cupboard, stairs leading to Master Bedroom

SECOND FLOOR
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.

EN SUITE
Fitted with a two piece suite comprising shower cubicle, wash hand basin and WC, velux window

OUTSIDE
REAR - Enclosed garden, laid lawn with a decking area, Path way leads to rear garage access.

Single garage

Investor Information
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%

Belvoir Disclaimer
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.

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EPC Chart
EPC Chart
Floorplan Floorplan Floorplan

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