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En-suite
Bedroom Two

2 bedroom apartment

Chain-free
Sold STC
Apartment
2 beds
1 bath
570
EPC rating: C
Added > 14 days

Key information

TenureAsk agent
Council taxBand B
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Two bedroom ground floor apartment
  • Cash investors only tenant in situ
  • 8.1% gross yield
  • Stylish kitchen with appliances
  • Modern living space
  • En-suite shower room
  • Off road parking
  • Close to city centre
  • No onward chain

INVESTORS ONLY - This two bedroom ground floor apartment offers a fantastic investment opportunity to CASH INVESTORS, with the property available with a TENANT IN SITU.

The accommodation comprises entrance hall, open plan kitchen and living area, main bedroom and en-suite shower room, second double bedroom and bathroom. Outside there is communal parking on site. The property benefits from electric heating and UPVC double glazing and is available for sale with NO ONWARD CHAIN.

INVESTOR/LEASE INFORMATION:

Tenancy: 12 months AST from 20th June 2023, with a 6 month break clause.

Rent: £775pcm.

Yield: 8.1% gross. 7.3% net, after service charge and ground rent.

Lease: Expires 31st December 2139.

Ground rent: £200 per annum until 31st December 2024.

Service charge: £743.30 annually.

Rooms

Entrance Hall
5.53m x 0.98m - 18'2" x 3'3"
Entrance door, laminate flooring, electric heater, airing cupboard with hot water cylinder and plumbing for washing machine.

Open Plan Kitchen and Living Area
4.32m x 4.33m - 14'2" x 14'2"
Two UPVC double glazed windows to rear aspect, range of matching base and eye level units, worktop space, stainless steel sink and drainer with mixer tap over, integrated fridge/freezer, electric oven and hob, extractor hood, laminate flooring and eletric heater.

Bedroom One
3.29m x 2.65m - 10'10" x 8'8"
Panel window, electric heater and fitted carpet.

En-suite
1.66m x 1.89m - 5'5" x 6'2"
Three piece suite comprising shower enclosure, sink and pedestal and wc. Tiled flooring and electric heated towel rail.

Bedroom Two
3.16m x 2.58m - 10'4" x 8'6"
Panel window, electric heater and fitted carpet.

Outside
Ample communal parking on site to offer at least one space per apartment. Bin store and bicycle racks.

Visit agent website

About this agent

Optimum Lettings & Property Management - Peterborough
Optimum Lettings & Property Management - Peterborough
44 Cowgate Peterborough PE1 1NA
01733 860470
Full profileProperty listings
Optimum Lettings are an independent letting agent serving Peterborough and the surrounding areas from our office in the city centre. By adapting a dynamic and pro-active approach to the lettings process you can be sure that we will take the stress out of your lettings experience, whether you're a tenant or a landlord. With our friendly, professional approach we offer Fully Managed and Tenant Find Only services on any property to rent in Peterborough and the surrounding areas. Our local knowledge and flexible attitude towards viewings will ensure that we find you the best possible tenants for your property. The company was formed by Landlords and we therefore understand what you want from a letting agent, and offer a personal service that reflects this. We will let your property in the minimum of time, without compromising on the rent that we achieve. We will also utilise our network of trusted tradesmen to ensure that any maintenance needs are dealt with swiftly, and most importantly, at a competitive rate. You can also rest easy in the knowledge that your property, and your money, are protected. We are registered with The Property Ombudsman and The Dispute Service - giving you the credibility and professionalism of a corporate agent but with the added personal service that we deliver as an independent agent. This level of service is something that we take very seriously. We aim to go above and beyond the norm for our Landlords, each and every time. From Buy-to-Let advice prior to purchase all the way through to out of hours property visits we will ensure that you receive the best service from any letting agent in the Peterborough area. This applies to tenants too. We know from experience that if a tenant is happy in a property, and with their agent, then they will stay in the property longer therefore minimising void periods and maximising rental income for our Landlords. The lettings industry is constantly evolving and the way that tenants search for property has changed over recent times. At Optimum Lettings we have invested heavily in technology and streamlined our business to meet the needs of the modern tenant and landlord whilst maintaining the core principles of the industry. We offer a fully comprehensive package which can be tailored to individual needs. This can include buildings, contents and portfolio insurance, rent guarantee and legal cover. Our rapid growth is based largely on referrals from satisfied clients who have been pleased with our progressive approach to achieve a quick let on their property, minimising void periods and maximising income. Call us today to find out how Optimum Lettings can improve your lettings experience.
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