1 bedroom flat

Misterton Court, Peterborough PE2 5TQ

Size: sqm

Purchase price

£80,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,600
Ground rent £50
Service charge £1,000
Lettings fees £594
Net income £4,956
Gross yield 8.25%
Net yield 6.20%

EARN AN IMMEDIATE INCOME WITH THIS TENANTED PROPERTY WITH NET YIELDS OF 6.20%. A one bed apartment in Peterborough.


This one bedroom apartment is offered unfurnished, situated in the popular location of Orton located to the South of Peterborough. The apartment benefits from open plan living room and kitchen, a double sized bedroom and fitted bathroom suite. The development further benefits from a secure entry system as well as a lift serving all floors. The property also comes with an allocated parking space.

Located near the recently refurbished Ortongate Shopping Centre,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.

Peterborough is a fantastic place to invest as it is incredibly popular with tenants and is easily commutable to surrounding areas such as Cambridgeshire, Lincolnshire and Northamptonshire. In the last 12 months alone houses prices have risen 6.2% in Peterborough, with the average asking price of a flat/apartment reaching up to around £108,000 in 2019 (Zoopla) making it a perfect place to invest.

Interested in this property? Enquire today for more information

Key features

Key features

NET yield of 6.20%

Key features

Tenanted for immediate income

Key features

Shops and amenities nearby

Key features

Fitted kitchen

Key features

Parking space

Key features

15 minutes to Peterborough city centre

Key features

Secure entry system

Key features

Lift

EARN AN IMMEDIATE INCOME WITH THIS TENANTED PROPERTY WITH NET YIELDS OF 6.20%. A one bed apartment in Peterborough. More info...

This one bedroom apartment is offered unfurnished, situated in the popular location of Orton located to the South of Peterborough. The apartment benefits from open plan living room and kitchen, a double sized bedroom and fitted bathroom suite. The development further benefits from a secure entry system as well as a lift serving all floors. The property also comes with an allocated parking space.

Located near the recently refurbished Ortongate Shopping Centre,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.

Peterborough is a fantastic place to invest as it is incredibly popular with tenants and is easily commutable to surrounding areas such as Cambridgeshire, Lincolnshire and Northamptonshire. In the last 12 months alone houses prices have risen 6.2% in Peterborough, with the average asking price of a flat/apartment reaching up to around £108,000 in 2019 (Zoopla) making it a perfect place to invest.

  • Key features
    Tick Desktop NET yield of 6.20%
    Tick Desktop Tenanted for immediate income
    Tick Desktop Shops and amenities nearby
    Tick Desktop Fitted kitchen
    Tick Desktop Parking space
    Tick Desktop 15 minutes to Peterborough city centre
    Tick Desktop Secure entry system
    Tick Desktop Lift
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £6,600
Ground rent £50
Service charge £1,000
Lettings fees £594
Net income £4,956
Gross yield 8.25%
Net yield 6.20%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.