3 bedroom detached house

Franklin Drive, Spalding, Lincolnshire, PE11 2GF

Size: 96 sqm

Purchase price

£200,000

Size: 96 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £10,200
Net income £10,200
Gross yield 5.1%
Net yield 5.10%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent three bedroom detached is just 30 minutes from Peterborough town centre, enquire today to avoid disappointment.


EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent three bedroom detached is just 30 minutes from Peterborough town centre, enquire today to avoid disappointment.

This wonderful three bedroom detached comprises of; entrance hallway leading to a spacious lounge with UPVC double doors leading to a conservatory; dining room with UPVC double doors leading to a spacious rear garden; downstairs WC; staircase leading to three double bedrooms all with double glazed windows; three piece family bathroom with shower over bath. The property comes with a driveway for two cars, and a generously sized rear garden.

Prices in Spalding have seen a rise of 0.26% in the last three months (since October 2020) and rise of 5.39% since October 2019, making now the perfect time to invest.

Franklin drive is located just 30 minutes away from Peterborough town centre, so the perfect area for commuters. The Cambridgeshire city of Peterborough has been offered a deal through the Government’s Towns Fund to help boost the economy, build more homes, and support local businesses. Communities Secretary Robert Jenrick made the announcement, in which it revealed Peterborough had been offered a Town Deal worth up to £22 million.

It is one of the first of seven towns across the country to have a funding offer made as part of the landmark £3.6 billion Conservative Government scheme, aimed at levelling up local economies and creating jobs by investing in transport, infrastructure, and skills. In Peterborough the funding will be used to make the town fit for the future, and achieve the long term vision put forward by the council and local businesses for the next 30 years. This includes plans to make Peterborough more sustainable, encouraging low carbon living through cutting emissions and being kinder to the environment.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Three bedroom detached

Key features

Freehold

Key features

Double glazed

Key features

Driveway for two cars

Key features

Rear garden

Key features

Excellent location

Key features

Great transport links

Key features

Shops and amenities nearby

Key features

30 minutes to Peterborough town centre

Key features

Freehold

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent three bedroom detached is just 30 minutes from Peterborough town centre, enquire today to avoid disappointment. More info...

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent three bedroom detached is just 30 minutes from Peterborough town centre, enquire today to avoid disappointment.

This wonderful three bedroom detached comprises of; entrance hallway leading to a spacious lounge with UPVC double doors leading to a conservatory; dining room with UPVC double doors leading to a spacious rear garden; downstairs WC; staircase leading to three double bedrooms all with double glazed windows; three piece family bathroom with shower over bath. The property comes with a driveway for two cars, and a generously sized rear garden.

Prices in Spalding have seen a rise of 0.26% in the last three months (since October 2020) and rise of 5.39% since October 2019, making now the perfect time to invest.

Franklin drive is located just 30 minutes away from Peterborough town centre, so the perfect area for commuters. The Cambridgeshire city of Peterborough has been offered a deal through the Government’s Towns Fund to help boost the economy, build more homes, and support local businesses. Communities Secretary Robert Jenrick made the announcement, in which it revealed Peterborough had been offered a Town Deal worth up to £22 million.

It is one of the first of seven towns across the country to have a funding offer made as part of the landmark £3.6 billion Conservative Government scheme, aimed at levelling up local economies and creating jobs by investing in transport, infrastructure, and skills. In Peterborough the funding will be used to make the town fit for the future, and achieve the long term vision put forward by the council and local businesses for the next 30 years. This includes plans to make Peterborough more sustainable, encouraging low carbon living through cutting emissions and being kinder to the environment.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Three bedroom detached
    Tick Desktop Freehold
    Tick Desktop Double glazed
    Tick Desktop Driveway for two cars
    Tick Desktop Rear garden
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops and amenities nearby
    Tick Desktop 30 minutes to Peterborough town centre
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*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 £10,200
Net income £10,200
Gross yield 5.1%
Net yield 5.10%

*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.