Summary - 38 MONUMENT STREET PETERBOROUGH PE1 4AG
6 bed 1 bath House of Multiple Occupation
### Standout Features:
- **Turnkey HMO Investment:** Recently refurbished, high-quality property ready for immediate rental.
- **Prime Location:** Centrally located in Peterborough, ensuring high tenant demand and close proximity to amenities.
- **Room Configuration:** Designed for profitability with 4 studios and 2 ensuite rooms.
- **Strong Financial Performance:** Expected gross rental income of £48,180 per year (yielding 10.95%).
- **Well-Connected:** Excellent transport links to London and surrounding areas.
### Summary:
Discover a lucrative investment opportunity with this newly renovated 6-bedroom House of Multiple Occupation (HMO) in the heart of Peterborough. This turnkey property, situated in a sought-after Article 4 location, promises a strong rental yield with high demand from professionals, students, and key workers. The well-designed layout comprises four studios and two ensuite rooms, complemented by a communal kitchen/diner—a perfect blend for modern tenant living.
Expect an impressive gross rental income of £4,015 per month, set against a backdrop of essential amenities within walking distance, including Peterborough Train Station and local shopping at Queensgate. Although the neighborhood has higher crime rates and an overall classification of high deprivation, its vibrant urban culture and excellent broadband speeds create an appealing environment for tenants.
Ready for occupancy, this property has undergone extensive renovations, ensuring a comfortable living experience with modern fittings and furnishings. With plans for robust economic growth and the recent opening of ARU Peterborough, seize this exclusive chance to invest in a high-performing HMO before it’s gone!
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