Summary -
Flat 39,Homenene House,Bushfield,PETERBOROUGH,PE2 5PP
PE2 5PP
1 bed 1 bath Flat
### Property Highlights:
- **Type:** 1-bedroom flat in a well-kept residential block
- **Size:** 377 sq. ft.
- **Location:** PE2 5PP, Peterborough
- **Investment Potential:** Current annual gross income of £8,100 with existing tenants
- **Amenities:** On-street parking, communal garden
- **Considerations:** High crime rate; area classified as very deprived; leasehold tenure
This 1-bedroom flat in Bushfield, Peterborough, represents a compelling investment opportunity for serious investors and developers. Currently occupied by reliable tenants with a history of on-time payments, this flat generates an impressive annual gross income of £8,100. With the asking price of just £57,500, this property promises strong rental returns with minimal effort needed to maintain occupancy.
The flat itself features a contemporary living area, a full-sized kitchen, and a three-piece bathroom, all in good condition. Enjoy the added benefit of on-street parking and a communal garden that enhances the living experience. While the location may be characterized by high crime rates and significant area deprivation, the property's excellent mobile and fast broadband connectivity offers convenience for tenants, making it attractive for long-term rentals.
For investors looking to expand their portfolio, this flat is a packable deal that could appreciate in value—don’t miss out on this opportunity in a vibrant, albeit challenging neighborhood.
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