Belvoir are delighted to present this MODERN AND CONTEMPORARY two bedroom APARTMENT offered for sale with NO FORWARD CHAIN. The property offers open plan living accomedation finished to a high specification with good quality fittings throughout. The property further benefits from two DOUBLE SIZED BEDROOMS with en suite to master, juliet balcony to lounge, secure entry system and TWO ALLOCATED PARKING SPACES.
The Hampton's are situated to the South of Peterborough and offers a range of schooling options, a variety of facilities including a selection of Restaurants, a Leisure Centre as well as the popular Serpentine Green shopping Centre. The area further benefits from being within close proximity of the historic cathedral city of Peterborough and the A1M.
Fitted carpet, wall mounted electric heater, intercom system.
OPEN PLAN LOUNGE / DINER 5.8m x 3.4m max (19'0" x 11'1" max )
Juliet balcony, fitted carpet, television points, UPVc double glazed window to front aspect, open plan to;
KITCHEN 2.4m x 1.9m max (7'10" x 6'2" max )
Fitted with a matching range of eye and base level units with work top space over, built in oven with four ring electric hob, extractor, stainless steel with single drained and mixer tap over, space for fridge freezer, space and plumbing for washing machine, vinyl flooring, UPVc double glazed window to rear aspect.
MASTER BEDROOM 5.8m x 4.0m max (19'0" x 13'1" max )
Double sized bedroom fitted with carpet, UPVc double glazed window to front aspect, door to;
Fitted with a three piece suite comprising of double walk in shower cubicle, pedestal wash hand basin, low level WC, vinyl flooring, frosted window to rear aspect.
BEDROOM TWO 4.5m x 2.9m max (14'9" x 9'6" max )
Double sized bedroom fitted with carpet, UPVc double glazed window to front aspect.
Fitted with a three piece suite comprising of panelled bath with hand held shower cubicle, pedestal wash hand basin, low level WC, fitted carpet.
Two allocated parking spaces.
The vendor informs us the service charge and ground rent payable is approximately £815.11 per annum.
The vendor informed us the 99 years and the ground rent is approximately £325 per annum
Based on a sale at £146k and potential rental income of £725 pcm (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 £33,550 (including deposit, stamp duty and conveyance)
- Annual pre tax profit of £3,194 = 9.52% pre tax income on capital used (these assumptions include a maintenance estimate)
- Gross yield 5.96%
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