Ready rental with long lease and parking for hands-off investors.
Two double bedrooms, open-plan kitchen/lounge
This ground-floor two-bedroom flat offers straightforward rental potential in Peterborough’s PE4 district. It currently produces £760pcm with a tenant in situ, making it a ready-made income stream for investors seeking an immediate return.
The apartment is compact (approx. 528 sq ft) with an open-plan kitchen/lounge, two double bedrooms and a modern bathroom. The long lease (circa 988 years) reduces long-term leasehold risk, and an allocated off-street parking space adds practical appeal for tenants.
Buyers should note the annual service/management charge is around £2,140 and the property sits in an area with higher crime rates and wider deprivation indicators; these factors can affect tenant demand and future capital growth. The interior appears well-presented and move-in ready, but purchasers are advised to verify the condition of services and appliances and confirm full lease documents and additional purchase fees.
For an investor this is a pragmatic, low-maintenance purchase with immediate rental income and long lease security; for an owner-occupier it is a compact, modern ground-floor flat with good connectivity and local amenities nearby.
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