**Standout Features:**
- Fully tenanted HMO generating £3,395 gross rent/month
- Recently renovated with energy-efficient lighting and insulated plasterboard
- Located in a welcoming neighborhood near local amenities
- Close proximity to key transport links and educational institutions
- Chain-free sale for a smooth acquisition process
**Summary:**
This ready-made turnkey HMO on Chapel Street, PE2, presents an extraordinary investment opportunity for those seeking immediate cash flow. With four studios and one en-suite room, each newly rented, this property effortlessly generates a gross rental income of £3,395 per month. The recent renovations enhance its appeal, featuring updated plumbing and electrical systems, modern LED lighting, and stylish new furnishings that cater to today’s tenants.
Nestled in a peaceful area of Stanground, yet conveniently close to local amenities, you are just 1.9 miles from Peterborough city center and a mere 2.3 miles to the train station. Moreover, the property is a stone's throw from the new city center university—promising to attract prospective tenants in the years to come.
While the neighborhood enjoys average crime rates and access to essential services, be mindful that the surrounding area is classified as very deprived, which may influence long-term tenant profiles. Overall, this property stands as a unique opportunity for investors looking for a well-managed housing option with growth potential. Don’t miss out on this exclusive investment in a flourishing market!
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