Summary - HOMENENE HOUSE FLAT 19 BUSHFIELD PETERBOROUGH PE2 5PP
1 bed 1 bath Flat
Low-price, high-yield rental with immediate income and tenant in situ.
One-bedroom flat, approximately 441 sq ft
A compact one-bedroom flat in Bushfield, Peterborough, presented as a straightforward buy-to-let with a tenant in residence. The unit measures about 441 sq ft within a purpose-built brick block set around maintained communal gardens. Current gross rent is £8,100 per year, giving a very high headline gross yield based on the £50,000 asking price.
Practical positives include a 93-year lease remaining, on-street parking, fast broadband and excellent mobile signal — useful for attracting tenants. The building and courtyard landscaping appear well kept, and the current tenancy has paid reliably for under a year and the occupier wishes to remain, offering immediate rental income and low void risk.
Material considerations are clear: the area has very high recorded crime and is classed as very deprived, which may affect tenant demand and long-term capital growth. The flat is small and traditionally laid out (approx. 441 sq ft) and sits on leasehold tenure; buyers should budget for service charges, ground rent and check the Let Property Pack for full financials. A buyer’s premium is applied to secure the sale.
This is a specialist investment proposition: attractive to investors seeking strong short-term cash returns and a low-entry price, but less suitable for owner-occupiers seeking long-term stability or low-crime neighbourhoods. Due diligence on tenancy terms, charges and local marketability is recommended before committing.
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