Summary - 23 OSRIC COURT EASTFIELD PETERBOROUGH PE1 5LW
2 bed 1 bath Flat
Let and producing immediate rental income with a long-standing tenant.
- Two bedrooms, lounge, kitchen and bathroom, approx. 786 sq ft
- Currently let, producing £8,400 gross per year
- 98 years remaining on the lease (leasehold tenure)
- Small private front garden; no private rear garden
- On-street parking only, no allocated space
- Located in PE1 city centre; close to local amenities and transport
- Area recorded as very deprived with high local crime rates
- Suitable for buy-to-let investors; check service charges and rent pack
A practical two-bedroom leasehold flat in Osric Court, central Peterborough, offered with a long-term tenant in place. The property produces a current gross income of £8,400 per year and will appeal to buyers seeking an immediately income-generating asset with minimal void risk.
The flat occupies an average-sized footprint (approx. 786 sq ft) within a low-rise mid-century residential block. It includes a lounge, kitchen, bathroom, two bedrooms, a small front garden and on-street parking. The building and internal images show standard modern finishes and good natural light to principal rooms.
Key investment details are straightforward: 98 years remaining on the lease and tenancy continuity from reliable occupants. Rental information is provided in the Let Property Pack; this will be important for buyers modelling yield, refinancing or portfolio acquisition costs.
Material issues to note: the area records high crime statistics and is classified as very deprived — these factors affect tenant demand, pricing growth and management overheads. Parking is on-street only and outdoor space is limited to a small front garden. The flat is sold leasehold, so prospective purchasers should confirm service charges, ground rent and building maintenance responsibilities before committing.
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